H2 Market expansion
An exponential increase in the demand for clean and green fuel, coupled with the growing government regulations to control and curb the sulfur content in fuels, is expected to drive the market for hydrogen.
- Global market valued at $120B in 2020
- Market size projected to be $500B by 2030
- H2 could meet 24% of global energy needs by 2050
- Push to reach a “net zero” world favors H2
- Governments have made substantial investments and commitments to de-carbonize
- A wide range of users, not dependent on any single market
Conventional methods lag
Current hydrogen production contributes heavily to C02 gases. Increasing production via conventional methods and/or electricity is not a completely viable solution.
- Conventional production contributes heavily to CO2 gases
- Steam methane reforming produces 7 tons of CO2 per ton H2
- 45%-75% of H2 production costs goes for natural gas and coal
- Electrolysis is dependent on affordable energy and cost 5X grey H2
- Difficult to store and to transport
- Massive, centralized location
Our method involves carbon capture, which keeps our costs low and prevents emissions. HydroGraph is the disruptive economical and decarbonized solution the market requires.
- Hyperion involves low energy usage and a carbon capture method
- Byproducts are used to power other industrial processes
- The H2 is economical, as affordable as grey H2 (at about $1.2-$1.5/kg)
- System is compact, modular, and scalable
- Storage and transportation are simpler and easier
- Modular system allows decentralized or on-site production