Hydrogen from Grid Scale Electrolysis: The Enabler for a

© 2019 Nel Hydrogen

Stephen C. SzymanskiDirector of Business Developmentsszymanski@nelhydrogen.com203-678-2338

Hydrogen from Grid Scale Electrolysis:The Enabler for a Decarbonized Economy

2

About Nel Hydrogen…

3

Nel Hydrogen US Operations

• The worldwide market and technology leader in PEM electrolysis

• A U.S. subsidiary of Nel ASA, based in Oslo, Norway

• All manufacturing done in Wallingford, CT, USA

• 100 employees, 100,000 ft2 (9,300 m2) facility

• cTÜVus & TÜV approved for CE mark

• 2,700+ PEM Systems installed in 75+ countries ISO 90001 certified

PEM Electrolyzer Manufacturing Plant

4

Nel’s electrolysis technologies…

• Alkaline• Liquid KOH electrolyte

4

• Proton Exchange Membrane (PEM)

• Solid polymer electrolyte

5

Our Legacy – Ultimate Reliability and Safety for Mission Critical Applications

ELECTROLYSERELECTROLYSER

Nel is the exclusive supplier of PEM electrolyzer cell stacksfor all new U.S., U.K., and French nuclear submarines…

6

O2 VENT

Water Pump

Electrolyzer

Cell Stack

Pressure

Regulator

Oxygen/Water

Separator

High Pressure

Hydrogen/Water

Separator

Drain O

Vent

Water Input

O

DC Source

gravity gas/liquid

separation

Low pressure

O2/H2O loop

Full differential

H2>O2 cell- stack

Full Differential Pressure System Design:the safety and reliability attribute required by the Navy

GRID SCALE ELECTROLYZERS:APPLICATIONS THAT DRIVE SCALE

8

Addressable hydrogen markets are huge

9

Green Fertilizer Production

10

Green steel production:HYBRIT pilot plant in Sweden

11

Green Chemical Production

• Chemicals (1,940Nm3/h, 9.2MW) – Norway

11

12

Green Polysilicon Production

• 25 MW/5,500Nm3/h – Malaysia

12

25 MW/5,500Nm3/h – Malaysia

13

Fueling Transit Bus Fleets

2 MW PEM plant900+ kg/day

26 bus capacitySunLine Transit

Thousand Palms, CA

14

Green Hydrogen for Truck FuelingFramework Agreement with H2 Energy for 30 MWs of PEM electrolysis

M Series MC400Containerized 2 MW PEM

Hyundai Motor and H2 Energy Will Bring the World’s First Fleet of Fuel Cell Electric Truck

into Commercial Operation

15

Case Study: Nikola Motors supply agreement drives massive cost reduction

Source: Nikola

Nel’s 8 ton/day (18 MW) electrolyzerplant provides the hydrogen production for each station site. New factory in Norway will enable 40% reduction in stack cost.