The hydrogen energy market is booming. International organisations like the Hydrogen Council, the International Energy Agency (IEA), KPMG, and many others now claim that hydrogen is simply unavoidable if we are to succeed in the energy transition.

In 2050, it is projected, around 18% of the worldwide energy consumption will be derived from hydrogen, which will in turn contribute to 20% of the carbon dioxide (CO₂) abatement required to achieve a 2°C global warming limit scenario.

This very favourable context of the massive deployment of hydrogen translates into business opportunities for McPhy. The company celebrates 10 years of business this year, having been founded in 2008 to develop, manufacture and commercialise an innovative technology of solid-state hydrogen storage.

Within just five years, the company had grown such that it was already enlarging its product offering to hydrogen generators based on water electrolysis. Two years later, and by 2015 this budding enterprise was also able to offer its customers complete hydrogen refuelling stations for fuel cell cars.