Existing Hydrogen market*

From a practical perspective, the market is infinite if Hydrogen can be priced competitively. HydroStar’s market opportunities start by replacing trucked delivery bottles of hydrogen with on-site production systems to provide controlled on-demand hydrogen.  After this the target is then pipeline or on-site production followed by industrial users – refineries etc.

* Source: CryoGas International; April 2012 for 2011 , NREL H2 delivery Model.

 

50% of all hydrogen produced today is used in the manufacturing of ammonia for fertilizer and other industrial and chemical uses.

 

Competing solutions

  • Only electrolysis that can produce Hydrogen without generating CO2
  • Onsite HydroStar electrolysis systems, HERO are cost competitive with onsite hydrogen steam methane reforming by leveraging low cost power
  • Small quantities of gas (5 bottles per day) require expensive delivery systems that represent the majority of the delivered cost.

 

 

Cost of Hydrogen Delivered to Customer

*Estimates Based on Hydrostar Hydrogen Cost Model using 3 yr. Capital Payback, and Minnesota HUB Electricity Data from 2007-2010. Hydrostar Dev represents an improved system resulting from testing and demonstrations. Competitor costs do not include CO2 penalties either for reforming or for the use of electricity produced by fossil fuels.