Power to Hydrogen (P2H2) and Repsol completed a 1,250-hour pilot of P2H2’s hybrid AEM electrolyzer technology, demonstrating operation at 40% to 100% load, pressures up to 30 bar and hydrogen purity of up to 99.9%. P2H2 projects an LCOH of €3.86 ($4.47)/kg, potentially falling to €2.82/kg under optimized renewable energy conditions, and the companies are considering a 500 kW-to-MW-scale demonstration.