Electrolyzers

“You know, I thought that decarbonized hydrogen had to come from an electrolyzer and cost, you know, six or nine dollars a kilogram. You guys can do this for two to three?”

“So, this idea of using low-cost electricity in an electrolyzer to produce acid and base allows you to produce acid and base for chemical reactions that then follow. And those chemical reactions can be done on a volume basis, and in fact, you can decouple in te…”

“I think we underestimated the challenges of deploying and customer acquisition, as you say at the scale that we operate at. And in hindsight, I think we should have also been far more scrutinous. Is that a word? We should apply a lot more scrutiny to our custo…”

“Electrolyzers today in the 2000 dollars a kilowatt range, they're too expensive to produce economically viable Green hydrogen. And we're seeing this in projects all through the world. So where green hydrogen projects are being built, they're being built at pri…”

“A round of heat battery is not a 2000 dollar or 1000 dollar a kilowatt electrolyzer that delivers heat at 50% efficiency. It's about five dollars a kilowatt on a marginal basis for these electrical wire heaters, and it's 98% efficient at turning electricity in…”

“Electrolyzers that in principle can operate intermittently, but because of their capital costs, they don't pencil operating at capacity factors typically below 50%.”

“Most electrolyzers on the market haven't proven that they can deal with the fluctuations needed for hourly matching, explained BNEF, hydrogen analyst, Pyle Core.”

“Stringent requirements, on the other hand, mean that your, that hydrogen production using electrolyzers is actually emissions reducing, potentially 95% lower than the fossil alternative that you have, and potentially even more if you consider all the positive …”

“If we scaled it up to potentially hundreds of gigawatts by the end of the decade and going further, we expect the cost of that equipment to decline by 50, 60, or 70% or so, which really drives cost reductions of Green or renewable hydrogen below the cost of pr…”

“Each kilogram of hydrogen production today requires about 50 kilowatt hours of electricity to be supplied to that electrolyzer to produce that electricity.”

“Electrolyzers are also not that efficient, only converting about 70% or so of the electricity that you supply into energy in the form of hydrogen.”

“By twenty-fifty, under a net zero scenario, electrolyzers producing hydrogen take up a third of all electricity demand almost, just to power power themselves to produce hydrogen. So all of global, a third of all global electricity demand.”

“We're selling about a gigawatt of them every year. Most of those are deployed in China.”

“The largest electrolyzer operating outside of China is just 20 megawatts in size.”

“One of the other lessons from solar was like the best technology on paper did not necessarily win out. What won out at the end of the day was who could get to scale and who could manufacture quickly when the market was ramping. And I think we'll see something …”

“I think we will see absolutely are already seeing the same thing in electrolyzers. Today for hydrogen, green hydrogen production.”

“When you think about using these kinds of electrolyzers and running them all the time you really can get below four dollars a kilogram for clean hydrogen, right? And so but that does require you to get affordable electricity, but also very high run times, righ…”

“It happened in solar. It then happened in wind. It's happening in batteries. It'll happen in electrolyzers.”

“And so electrolyzers, for instance, while they're off, they're very clearly some great tech out there and there may be some breakthrough tech out there, it's not required, right? You can take technology that has been around for quite a while and with some incr…”