ITM brings down cost of hydrogen

ITM Power’s Transportable Hydrogen Refuelling Station (HFuel) generates hydrogen by electrolysis.
ITM Power’s Transportable Hydrogen Refuelling Station (HFuel) generates hydrogen by electrolysis. Photo credit: ITM Power
ITM Power’s Transportable Hydrogen Refuelling Station (HFuel) generates hydrogen by electrolysis.

ITM Power’s Transportable Hydrogen Refuelling Station (HFuel) generates hydrogen by electrolysis. Photo credit: ITM Power

Projected costs for hydrogen produced by the electrolyser units of ITM Power have gone down by up to 33% in the last year, say the company. One key reason for these reductions is economy of scale, with the latest figures being based on output from systems producing up to 446kg/day of the gas, in place of the 100kg/day units used to formulate last year’s estimates.

Specifically, ITM says that its hydrogen cost is projected at GBP£4.19/kg, a 32.7% reduction from last year’s £6.23/kg, within a 10-year capital amortisation period. After capital amortisation, the cost is expected to be £2.69/kg, a 22.9% reduction from the previous year.

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