Plug Power has entered into an agreement with TC Energy Corporation to deliver two 30-tons-per-day (TPD) hydrogen liquefaction systems, also known as hydrogen liquefiers to the Calgary-based North American energy company.
Liquid hydrogen has superior energy density than gaseous hydrogen, making it easier to transport and use in hard-to-decarbonize sectors. TC Energy says by liquifying hydrogen with Plug Power’s highly efficient and reliable liquefaction systems, it will achieve significant cost savings, broader distribution coverage and overall energy efficiency with minimal hardware.
According to TC Energy, these hydrogen liquefaction systems utilize a hydrogen refrigeration cycle and bring to market one of the most energy efficient designs to date.
In 2022, Plug acquired Joule Processing LLC in 2022, which allowed Plug Power to gain core competency in liquefaction systems known for their operational efficiency, flexibility and reliability. According to Plug, it’s hydrogen liquefaction system has one of the most energy-efficient designs on the market utilizing hydrogen as the refrigerant in the main liquefaction cycle. The Latham New York-based company says this leads to the most efficient and cost-effective product on the market. In addition to bringing this system to market, Plug is also utilizing the systems in its nationwide network of green hydrogen generation plants including Texas, California and other locations.
“As a global leader in manufacturing reliable hydrogen liquefiers, Plug is focused on optimizing both capital and operational efficiency for our customers at every stage of the hydrogen value chain,” said Andy Marsh, CEO of Plug. “This deal validates our investment in Plug’s liquefaction capabilities as part of our vision to build an end-to-end green hydrogen solution.”
“TC Energy is advancing decarbonization solutions across Canada and the United States,” said Corey Hessen, TC Energy, executive vice president and president, Power & Energy Solutions. “Securing long-lead equipment and systems gives us a head start as we move to finalizing sites for hydrogen production and distribution hubs.”
The two hydrogen liquefiers are scheduled for delivery in Q2-Q3 2024 and will serve TC Energy facilities in North America that are not yet operational.