The scientific community is expecting to see a rapid growth in hydrogen production so that the world total energy market has at least 25% of the $80 to $90 trillion world energy market.
We anticipate that this could occur sooner just because states as California are clearly banning the sale of fossil fuel vehicles by 2035.
Hydrogen Value Chain
Public Perception: “H2 Economy” = Automotive applications
- Technical obstacles (safety, storage, distribution) have been overcome to enable rapid deployment
- Adoption has been slower than anticipated
- What must happen to commercialize automotive applications?
- Volume manufacturing, lower cost and increased reliability of H2 Fuel Cells
- Increased use of fuel cells by automakers
- New fuel distribution infrastructure (Bulk H2production plants near dispersed customers, e.g. service stations.
Limited public awareness of substantial and growing pre-automotive markets being driven by early adopters
- H2 fuel cells for backup, portable and auxiliary power applications
- Deliver longer run times, lower emissions, cheaper operations than present batter, genset, diesel and other techniques.
Limited public awareness of substantial and growing pre-automotive markets being driven by early adopters
- H2 fuel cells for backup, portable and auxiliary power applications
- Deliver longer run times, lower emissions, cheaper operations than present batter, genset, diesel and other techniques.
How Alumifuel Impacts the Hydrogen Economy
- Economics of supply & demand and a push for “Green” Energy are driving the hydrogen industry to evolve on many scales for various applications
- Increased demand for pre-automotive fuel cells will increase manufacturing scale and therefore decrease the cost of components, and also create viable supplier base for automotive fuel cells.
- Has led to commercialization of automotive fuel cell applications, Hyundai Tucson HYEV was introduced in 2013
Alumifuel in the forefront of transition to the hydrogen economy
- Our technology and products will help accelerate the transition
- Our “Sweet Spot” applications (backup, portable, auxiliary and remote power) will facilitate increased usage and capability of hydrogen fuel cells.
- We will leverage our cheaper logistics chain to replace delivery of har to handle K cylinders for H2
Alumifuel’s unique non-fuel cell applications will facilitate early market entry and solid source of revenue while fuel cell applications mature.
- Our superheated steam and H2 will drive turbines for Unmanned Underwater Vehicle (UUV) and Auxiliary Power Units (APU)
- Our H2 Gas can easily and safely inflate weather balloons
- Our Chemical reaction fuels flameless heaters
- Alumifuel has significant differentiators in performance, adaptability, and cost effectiveness within our target market applications