Catalyzing the Hydrogen Economy
A clean energy future is here.
The promise of a clean energy future powered by hydrogen has finally arrived. Commercial and government led initiatives for clean energy from green hydrogen are underway in transportation and power generation. Numerous countries have announced national strategic initiatives for the adoption of hydrogen for clean energy generation and reduction of carbon emissions.
H2U discovers and commercializes abundant inexpensive catalysts enabling the world to
SCALE THE HYDROGEN ECONOMY
Why
The problem the world is facing now is a barrier to scale of electrolyzers that rely on precious metals
Today: Iridium $5600/toz, Platinum $1280/toz = 20%+ of Electrolyzer cost by 2030 assuming NO price increases !
The Hydrogen Economy is CAPEX driven
Old World – Carbon Powered Electricity - OPEX driven
•Carbon based Electricity is expensive
•Design goal: HIGH EFFICIENCY –
use expensive materials to achieve highest efficiency
New World – Renewable Electricity CAPEX driven (H2U)
•Renewable Electricity is (near) free
•Design goal: CHEAP – use cheap materials to achieve lowest CAPEX
Catalyst Discovery
THE ENGINE BEHIND H2U
H2U Gramme 50 Electrolyzer
•Low Cost, High Scalability
•Upgradeable
•Automated Assembly
•Disruptive
Novel and disruptive design
KEY Feature: Low cost design
UPGRADEABLE
Pricing Target: $0.50/W
Key Feature: H2U catalyst and EL stack
BOP: Provided by channel partner
Drives rapid, large scale adoption of grid scale electrolysis.
FCS target: 2022
H2U Business Model
LOW COST DISRUPTION, 2 CHANNELS TO MARKET
Low CAPEX = Low LCOH
(Levelized Cost of Hydrogen)
Today
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Capacity Factor:
% of time system is producing H2
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Electricity Conversion Efficiency:
% of electric energy input converted to making hydrogen
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System Capital Cost (CAPEX):
cost of electrolyzer machine not including installation or infrastructure
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Renewable Electricity Cost:
cost $/kWh of renewable electricity supplied to electrolyzer
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Operating Life:
Years of operational life if machine is 100% utilized (i.e. 100% capacity factor)
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Operating Expense (OPEX):
sysmaint + electricity
H2U (Low CAPEX)
