Hydrogen Optimized Inc has taken a major step toward its goal of becoming a global leader in large-scale Green Hydrogen production systems by securing a new technology and manufacturing centre. The facility is located in Owen Sound, Ontario, Canada, part of the Grey-Bruce Hydrogen Hub.
The company’s RuggedCell™ water electrolysis systems are targeted to major industrial, chemical, utility and energy end users, which represent the largest segment of an overall addressable Green Hydrogen market that Goldman Sachs forecasts could reach over $10 trillion by 2050. Targets have already been established in Europe: the EU’s Hydrogen Strategy aims for at least 40,000 MW of renewable hydrogen electrolysers by 2030.
“Today our company has taken a significant step toward achieving our goal of meeting the rapidly developing global demand for large-scale Green Hydrogen technology,” said Andrew T.B. Stuart, President and CEO of Hydrogen Optimized. “The facility we have secured is ideal for meeting two key objectives – first, to advance our RuggedCell water electrolysis technology for large-scale project deployment, and secondly, to advance our manufacturing technology and capabilities.” The facility provides the infrastructure necessary to demonstrate the company’s high current electrolysis technology and associated electrical systems. This includes the activities outlined in the previously announced MOU with ABB from October 2020 when the two parties agreed to jointly explore the development of large-scale green hydrogen production systems connected to the electrical grid to offer a clean, sustainable and affordable energy source.
Hydrogen Optimized will also refine its RuggedCell water electrolysis technology and manufacturing processes at the site, a former auto parts plant. The lease agreement for the facility allows for expansion over time to almost 200,000 sq ft of industrial Class A space.
Major industries and governments have identified the use of green electricity with large-scale water electrolyzers as an essential contributor to achieving net zero carbon emissions by 2050. The manufacture of water electrolysis technology – particularly very large electrolysers such as those under development by Hydrogen Optimized – will require significant scaling to reach that target.
“We are moving forward as quickly as possible to develop the technology to provide individual Green Hydrogen production plants at our customer sites, each in the hundreds of MW range,” Stuart said. Mining is a potential market for green hydrogen as operators look for ways to decarbonise by replacing diesel mining fleets with other power sources.
He added, “More immediately, we are developing the capability to manufacture up to 500 MW of RuggedCell electrolysers annually. Looking farther ahead, we intend to drive costs down to the lowest possible level with manufacturing plants rated at 2,000 MW or more of annual RuggedCell production.”
Hydrogen Optimized says it will also work with partners in other geographies where domestic demand justifies building local manufacturing facilities.