GenHydro has said its reactors can produce on-demand hydrogen at competitive cost, without the need to establish a logistical network to see hydrogen delivered to end users, offering scalable technology at lower costs.
Not relying on electrical inputs, the firm’s technology uses a ‘reactive input’ which when reacted with water produces heat, pressure, and hydrogen through an oxidation and reduction process, which the company says offers the option to produce hydrogen onsite, reducing the need for logistical networks.
In 2021, the company said it was looking to produce over 20kg of green hydrogen per hour at a cost of $1.20/kg with its reactor system.
Read more: Exclusive: GenHydro’s mission to produce 20kg of hydrogen an hour at ‘ground-breaking costs’
The firm launches its scalable technology hot on the heels of the passing of the Inflation Reduction Act which will see up to $3 of tax credit per kilogramme of low hydrogen, which its President and CEO believes could bridge the gap while production costs are still dropping.
Eric Shraud, President and CEO of GenHydro, said, “The new bill will accelerate the transition to a hydrogen-based energy market and bridge the gap for the cost of that transition. GenHydro has developed an approach that makes renewable hydrogen cost effective and accessible today.”
H2 View understands GenHydro has ‘multiple’ US-based projects currently underway, which when complete, will have a daily production capacity of 456MWh and 7.6 tonnes of hydrogen, offering a platform to expand its capacity in the future.
“GenHydro has the potential to provide gigawatt levels of energy well ahead of 2030,” explained Schraud. “Technologies like this are going to be vital to chipping away at emissions and helping us reach our climate change goals.”
H2 View’s Hydrogen in India – Snap Summit
With the launch of its national hydrogen strategy in recent weeks and growing interest in India’s bold ambitions to de-leverage from traditional fossil fuel-based energy, H2 View stages a Snap Summit to address the country’s path forward in hydrogen.
India plans to manufacture five million tonnes of green hydrogen per annum by 2030 and not just meet its own climate objectives but become a production and export hub for the clean fuel.
Some sources question a lack of detail over the wider ecosystem while others still point to the country’s reliance on coal power. Yet, the world’s third-largest energy consuming country is already embracing renewable energy, its solar power sector is moving forward, and data suggests coal’s hold over India’s power sector is steadily loosening. The grid is already evolving.
The question is, how can a renewable energy powerhouse fast-track to true sustainability with green hydrogen? Join H2 View and a programme of global hydrogen leaders to unlock answers and insights for the short, medium, and long-term future in India.
Want to learn more? Click here.