HGenium’s unique technology enables green hydrogen to be produced using readily available materials and processing equipment with a wide variety of heat energy sources.
In addition to the technical summary of HGenium’s production process, Dr. Brady also summarised comparisons and benefits of using heat, rather than electricity, as an energy source for water splitting. Key benefits of a thermochemical approach include:
- A wide array of heat sources can be used, such as concentrated solar, nuclear, and industrial production process heat, widening the potential commercial cases for using a thermochemical process versus electrolysis.
- The almost 70% lower cost of heat over thermal based electricity opens the possibility of improved overall economics for many use cases.
- Storing heat has inherent safety and cost benefits over electricity storage.
Dr. Brady’s presentation also revealed the company’s current scale-up plan to optimise effective commercialisation. A pilot plant project is underway, with operations targeted for 2H24, to be followed with construction of a commercial scale demonstration unit in 2025-26. These steps will position the company and its partners to most efficiently launch commercial units at substantial capacities in the future.