ABB and PERIC signed an MOU to accelerate the widespread adoption of hydrogen as an energy source. Both companies will explore how integration of ABB’s automation, electrification and digital solutions with PERIC’s electrolyzers can help reduce hydrogen generation costs in the future.
The collaboration between ABB and PERIC will comprise ongoing consultation relating to the development of joint solutions and/or the integration of complementary technologies that will optimize efficient green hydrogen generation. The aim is for a detailed action plan and specific agreement to be defined within three months following the signature of the MOU.
PERIC will integrate an extensive scope of ABB’s automation, electrification and digital solutions into the project and bring ABB in on the initiatives where specific ABB technology can be included, such as rectifiers, distributed control systems, energy management, advanced analytics, instrumentation and telecommunication.
ABB’s integrated approach will play a key role in helping PERIC optimize energy use throughout the plant, thus reducing costs for electrolyzer production. Utilizing digital solutions from ABB, all data from the plant’s equipment will be integrated into a single automation system that will be continuously analyzed to maintain continuous and efficient operation.
"It is critical for hydrogen to be generated as efficiently as possible. ABB’s energy management technologies, combined with their automation, electrification and digitalization solutions, will help us find the best way to boost the efficiency of our own operations, which, in turn, will help minimize the cost of hydrogen production," said Zhang Yuguang, general manager, PERIC.