THE FUTURE OF GREEN HYDROGEN

IS THE FUTURE OF GREEN ENERGY

WHO WE AREAt GenHydro™ we are all about innovation in the hydrogen industry. Our focus is utilizing a reaction based method for hydrogen production, with the goal of high

part of the global solution for clean renewable energy, with our reactor systems paving the way for multiple industries to lower their emissions at low cost.

MISSIONOur mission is to produce low cost emissions free hydrogen, enabling a multiple industry transition to clean energy and production.

VISIONTo create a world with clean and universally accessible energy.

VALUES

TRANSITION. NOT A TAKEOVER.At GenHydro™ our goal is to be a part of the global transition to emissions free energy. What this means for us is using our technology to provide a means for existing industries to keep doing what they do best, while also moving towards emissions free production.

PARTNERSHIPIn-line with our commitment to being part of the global transition, we believe that the key for the future is going to be creating cross-industry partnerships. Our strategy for growth is much less about competition than it is about mutually

COMMUNITYWe realize that hundreds of thousands of people work in the energy and fuel production industry. Our goal is not to be a disruptor to these workers and their

ensuring that as the world transitions to clean energy, lives and livelihoods remain uninterrupted.

THE TEAM

ERIC SCHRAUDCEO & PRESIDENT

CHRIS KAGERVP OF STRATEGY

BILL MONACCIDIRECTOR OF CLIENT RELATIONS

MATTHEW SCHRAUDCHIEF MARKETING OFFICER

DONG NGUYENLEAD CHEMICAL ENGINEER

WHAT WE DOTHE PROBLEMHydrogen has been lauded as having the greatest potential as a source of renewable energy for decades. Researchers, economists and politicians continue to see hydrogen as a promising way forward for clean energy in multiple market sectors, from residential and commercial energy, fuel for fuel cell powered vehicles, and industrial application in fertilizer, steel and cement manufacturing.

However, hydrogen has hit numerous roadblocks on its way to becoming a promising source of renewable energy. Currently, 95% of global hydrogen production involves natu-ral gas, which emits large amounts of CO2 in the hydrogen production process. Alternatively, green hydrogen is produced using a process known as electrolysis. Being that the electrolysis method requires electrical inputs, in order to consider the hydrogen produced as truly green, the electricity must come from renewable sources such as solar

produced. Electrolysis also faces the challenge of a lack of existing renewable energy infrastructure. For electrolysis to meet the current global hydrogen demand and remain emissions free, solar and wind infrastructure would need to be increased on a massive scale.

THE SOLUTIONThe GenHydro™ solution to emissions free hydrogen is the GenHydro™ reactor system. Rather than using electrical inputs to generate hydrogen from water, the GenHydro™

without the need for any external electrical power. With the ability to generate hydrogen

water is scarce. The reactant byproducts are non-toxic, as well as recyclable for reuse in the reactor or sale for use in various industrial applications. The industrial scale GenHydro™ reactor will produce 30kg of green hydrogen an hour, and all at a groundbreaking low cost.

but this system also captures the heat and pressure released from the reactor vessel in order to co-generate electricity. At a large enough scale, this electricity can be sold back

bringing that cost to below $1. Using the heat and pressure from the system to generate electricity means that the hydrogen is still available for other uses. The stored hydrogen can be sold for uses in fuel cell vehicles, ammonia plants, natural gas blending, steel and cement manufacturing, and more.

WHAT IT MEANSA TRANSITION. NOT A TAKEOVER.

INDUSTRIES IN TRANSITION

A core value and a key mission at GenHydro™ is to partner with existing industries in the energy and industrial sectors in order to be a part of the transition to hydrogen as an emissions free alternative to hydrocarbon sources. The goal of the GenHydro™ team is not to replace the oil and gas companies of the world, but to provide them with the means to shift towards a clean and renewable source of energy. As a result, major oil and gas companies will be able to make the change

NATURAL GAS AGRICULTUREOIL

COMMERCIAL VEHICLES CONSUMER VEHICLES STEEL

CEMENT

NATURAL GAS & HYDROGEN

Natural gas companies around the globe have been investigating and implementing plans for blending various concentrations of hydrogen into natural gas in order to reduce the carbon intensity of the methane. Current pilot programs in Europe and the U.S. are aiming for a 20% concentration of hydrogen into existing natural gas pipelines. So far these pilot programs have seen incredible success with consumers saying there is no noticeable

The U.S. Department of Energy has been experimenting

these experiments is to release guidelines and models for natural gas companies to upgrade their pipelines for the transition to hydrogen as an alternative to natural gas.

The implications of this are tremendous, as natural gas companies are seeking for ways to reduce their carbon emissions, hydrogen is the clear path forward.

Oil & hydrogen

Major oil producers are betting big on hydrogen, and they are incredibly well positioned for the hydrogen market. Hydrogen has a number of unique requirements such as pressurization, specialized transportation, and specialized storage. These are areas where oil companies excel, as well as having the infrastructure and distribution networks for shipping large amounts of hydrogen.

While major players in the oil industry are planning on continuing in oil for a number of years, companies such as

investments into how they can begin a transition into the hydrogen market.

The GenHydro reactor system is the perfect solution for major oil companies to begin producing and distributing large amounts of hydrogen on a global scale.

AGRICULTURE & HYDROGEN

A major discovery that propelled agriculture forward in a world altering way was the development of the Haber-Bosch system for ammonia production. Ammonia is a foundational ingredient for millions of tons of fertilizer used globally. With a chemical formula of NH3 ammonia is produced by combining nitrogen and hydrogen gas.

Currently, ammonia plants use a method known as SMR, or Steam Methane Reforming, in order to produce the hydrogen needed for ammonia production. This method however results in high carbon emissions.

Currently, the construction of a green ammonia plant costs over $900 million. Approximately 75% of this cost is associated with the electrolyzer for green hydrogen production.

With the GenHydro system, the full construction of a green ammonia plant would cost between $275 - $400 million, depending on the plant production capacity. This means that the construction of a green ammonia plant is comparable or even less than the cost for a plant that utilizes SMR.

COMMERCIAL TRANSPORTATION & HYDROGEN

The commercial transportation and shipping industry has been investigating emissions reduction methods for

Battery powered electric semi-trucks have been developed, such as the Tesla Semi, but the limiting factor for these ve-hicles is the weight of the lithium batteries required in or-der for these trucks to travel long distances without need-ing to recharge. It is estimated that these trucks may lose up to 1 ton of weight capacity as a result of the weight of the batteries. By comparision, a fuel cell semi would only require about 20kg’s or 44lbs of hydrogen fuel to travel over 600 km or over 350 mi.

A number of startup companies, such as Hyzon Motors, as well as major automobile manufacturers, such as Daimler AG, have begun manufacturing hydrogen powered semi-trucks. These vehicles do not have the weight limitations that electric semis have, and could be refueled in a matter of minutes as opposed to hours of recharging time.

At GenHydro, our goal is to provide low cost hydrogen for commercial vehicles, so that the transition to hydrogen powered commercial transportation does not become a costly endeavor.

CONSUMER VEHICLES &HYDROGEN

The consumer vehicle market has been steadily shifting towards emissions free vehicles with a focus on electric vehicles for over a decade. While these vehicles have been

face their limitations. A number of manufacturers, such as Toyota, Honda and Hyundai, have concluded that to achieve a zero emissions portfolio of vehicles, hydrogen vehicles need to be a part of their future.

Currently, hydrogen costs $16.51 per killogram in California where hydrogen fueling station locations are growing. With the 5kg capacity of vehicles like the Toyota

That is more than double the cost for refueling a gasoline vehicle of comparable size.

The GenHydro system allows for inexpensive green hydrogen production, at a low enough cost to put the retail price per kg of hydrogen at 1/4 the current cost of hydrogen at the pump. This means that with GenHydro hydrogen, a fuel cell vehicle owner can fully refuel at a total cost of $20-$25.

STEEL &HYDROGEN

When thinking of carbon emissions, steel manufacturing is often not the main contributor that comes to mind. However, iron and steel production account for 7-9% of global emissions.

In the iron reducing process, a carbon rich fuel known as coke is used to react with iron oxide, with the resulting product being crude iron, which is then used to produce

carbon emissions.

However, a relatively new process using hydrogen in the

Instead of CO2 resulting from the process, when hydrogen is used the resulting byproduct is water.

A major obstacle to the steel industry moving entirely over to hydrogen for use in steel production is the current cost of green hydrogen. However, with the low cost of hydrogen produced with the GenHydro system, steel manufacturers can make the transition at a much lower cost.

CEMENT & HYDROGEN

Cement is manufactured by combining a number of minerals and metals at extremely high temperatures. The current method used for heating these materials are fossil fuel powered kilns. As a result of the shear amount of cement produced globally, the amount of emissions is very high. For every pound of cement produced there is 0.9 pounds of CO2 emissions.

Researchers have found that not only can hydrogen be used as a heating fuel for cement production, but it can also be used in the reducing of calcium carbonate to calcium oxide, a key ingredient in the most common type of cement in use, known as portland cement.

With the availability of low cost hydrogen, cement manufacturers can begin to utilize hydrogen and

global impact. At GenHydro™, we are committed to helping industries just like this make the transition to emissions free production.

WHAT’S IN THE WORKSAt GenHydro™ we have a number of promising projects in the works that

forefront of clean energy. Not only are we continuously working on R&D for our reactor system, but we also have promising partnerships lined up.

PARTNERSHIPS IN THE WORKS INCLUDE:

• A pilot program with a major U.S. based natural gas utility for hydrogen blending

• A partnership with a major industrial gas corporation for ammonia production as well as ammonia and hydrogen distribution

• A letter of intent for 50mWh energy production for a municipality

and a number of other partnerships currently being negotiated

R&D IN THE WORKS:

WHAT’S NEXT?While hydrogen has been shown to be a promising way forward for major industries to transition to emissions free energy and production, there are still barriers in place slowing down the growth of a hydrogen infrastructure capable of meeting the need.

WAYS THAT HYDROGEN CAN BE PROPELLED FORWARD INCLUDE:

• Policies to help fund hydrogen infrastructure and encourage industries to adopt hydrogen as a source of energy

• Education on the capabilities of hydrogen and its potential impact on multiple major industries

• Continued partnerships with large corporations choosing to adopt hydrogen as part of their energy and production processes

FIND US AND LEARN MORE ATWWW.GENHYDRO.US

We are currently in the process of engineering our first industrial size reactor system, which will be capable of producing 20-25kg of hydrogen an hour, as well as having the ability to generate 18-48MW of electrical power a day.

www.GenHydro.us

1064 New Holland Avenue,Lancaster, PA 17601