H2U Technologies Enters Joint Agreement to Develop Low-Cost Electrolyzers
H2U Technologies and Tokyo Gas Co., Ltd. have partnered under a multi-year Joint Development Agreement (JDA) to discover novel catalysts and develop techniques to apply those catalysts onto membranes. The companies will leverage H2U’s proprietary Catalyst Discovery Engin™e (CDE™) to reduce the cost of Proton Exchange Membrane (PEM) electrolyzers.
Energy suppliers and manufacturers across the globe are taking the initiative to scale up electrolyzer manufacturing, especially for Proton Exchange Membrane (PEM) electrolyzers that are ideal for making “green” hydrogen from renewable energy sources like wind and solar. However, a major hurdle stands in the way. Contemporary PEM electrolyzer designs rely on rare, costly platinum group metals (PGMs) like iridium, a very expensive element with a highly constrained supply.