The hydrogen economy is on the rise, and manufacturers like NPROXX are well-positioned to benefit from overall market growth. As hydrogen infrastructure continues to improve, there will be an increase in demand for hydrogen-powered vehicles and fuel storage.
NPROXX, a leading manufacturer of hydrogen storage systems, produces vessels for a variety of applications, including transportation, stationary power and industrial activity. NPROXX is committed to the development of a clean and sustainable energy future, a big part of which is supporting the implementation of better hydrogen energy infrastructure.
“In 2023, hydrogen mobility is becoming a reality,” says Johannes Lorenz, Director of Marketing and Sales at NPROXX. “Hydrogen being a clean energy source that produces zero emissions means that – in a time where we are struggling with both energy and climate crises – investing in H2 technology is more appealing than ever. With European industry pioneers like H2Mobility now gaining more support, refuelling stations are becoming increasingly frequent, thus opening up opportunities for those who are using hydrogen-powered applications.”
The increasing investment in refuelling stations is a great development for NPROXX, as it supports the hydrogen infrastructure, making H2-powered transport more accessible and affordable. “As more hydrogen stations are built, it will be easier for businesses and consumers to use hydrogen-powered vehicles,” continues Lorenz. “This will create more opportunities for manufacturers like us and help to accelerate the growth of the hydrogen economy. NPROXX are well-positioned to support this growth, as we are naturally seeing increased demand for our energy storage technology too.”
In addition to the increasing demand for hydrogen-powered products, the improving hydrogen infrastructure will also benefit NPROXX by reducing the cost of hydrogen production. “As more people use hydrogen on a daily basis, more will be produced, and thus the cost of production will decrease,” Lorenz explains. “This will make hydrogen more competitive with other energy sources, such as gasoline and diesel. As the hydrogen economy continues to grow and become more accessible, our team of experts is prepared to lead the way as supplier of hydrogen storage systems.”
Overall, the improvement in hydrogen infrastructure is positive because it contributes to a more sustainable transport sector, while offering economic and energy security stability. This is great news for manufacturers like NPROXX, as well as for the environment and consumers.