PRESENTATION TO THE HYDROGEN ENERGY MINISTERIAL MEETING OCTOBER 2018 TOKYO

Transcription

1 PRESENTATION TO THE HYDROGEN ENERGY MINISTERIAL MEETING OCTOBER 2018 TOKYO Shell, Rheinland Refinery, Germany DR SIMON BOURNE CHIEF TECHNOLOGY OFFICER ITM POWER PLC

2 ITM POWER WHAT WE DO ITM Power manufactures integrated hydrogen energy systems Power-To-Gas Renewable Electricity ITM Electrolyser Clean Fuel Water Renewable Chemistry ITM POWER WHAT WE DO 2

3 MULTIPLE SECTOR APPLICATIONS

4 WHAT IS AN FCEV REFUELLING STATION? FCEV REFUELLING STATION

5 A GROWING PORTFOLIO 13 ITM owned & operated HRS 20 fuel contracts in the UK 3 Tonnes/day generation capacity 7 Tonnes/day dispensing capacity Hydrogen price of 10/kg (ex VAT) Rolling commissioning process ITM POWER FUEL CONTRACTS

6 MARKETS BY SCALE Larger systems to address more markets Traditional PEM electrolyser systems have been small scale Advantages of PEM are enabling new business models Demand for larger systems is growing quickly Rapid response is the key 1-10MW Bus refueling station Small Power-to-Gas Pilot schemes 10-60MW Large transport schemes Power-to-Gas installations Chemicals industry MW Power-to-Gas installations Chemicals industry Refineries MARKETS BY SCALE

7 STANDARDISATION Product Standardisation Production Capacity Clear Market Offering Definition of 2MW module & 10MW stack skid Enables efficiencies in manufacture & test Well defined cost & trajectory Modular system provides flexibility of offering New projects all specified using known modules Minimises design time & cost for each project Scalable to 100MW with balance of plant Standard 2MW Stack Module STANDARDISATION 72

8 Integrated Air Flow System Oxygen / Water Outlet Manifold PEM Stack Module Dynamic Compression Stack Skid Container Skid Frame 10MW STACK SKID

9 PRODUCTION Production Capacity Colocation into new production facility Manufacturing space increased by 5x Adoption of semi-automated stack component preparation Increase of power on-site to allow testing of larger systems Heads of terms agreed Costs in-line with expectations Production capacity in the current S2 facility PRODUCTION CAPACITY 92

10 Electrolyser Price ( /kw) Electrolyser Size (MW) ELECTROLYSER SYSTEM COST CONSIDERATIONS Snapshot Expect system sizes to grow over time Larger scale enable cost reduction 1800 Larger volume enable efficiencies Continuous technology improvements 1600 Sensitive to scope of supply 1400 Value is also important! < 1,000/kW MW scale < 10MW < 500/kW by mid 2020 s Year of Deployment System Price System Size Power (System Price) 0 COST CONSIDERATIONS

11 LIGHTHOUSE PROJECT 10MW PEM electrolyser system for refinery applications Flagship 10MW project with Shell Largest PEM electrolyser in the world Largest refinery in Germany Benefit of Shell engineering & permitting rigor Excellent reference plant & customer Strong engagement from refinery hydrogen sector 10MW Electrolyser System in Shell Refinery building 10MW Stack Skid in Shell Refinery building 10MW Electrolyser System in Shell Refinery building UTILITY SCALE PLANT 11 2

12 BUSINESS DEVELOPMENT PROCESS Early engagement & requirement specification Large scale projects require significant development Project development strategy includes early engagement via feasibility planning Leveraging the 10MW project by showing ITM has a head start Four example projects to indicate engagement Customer Engagement Feasibility Study Front End Engineering Design Procurement Decision Feasibility Study Scale Partner Status UK P2G 50MW NGN Completed British Columbia 300MW Chyioda, BC Hydro Active Massachusetts 20MW Holyoke Active Centurian 100MW INOVYN, Storengy, Cadent Active UTILITY SCALE PLANT 12 2

13 PRESENTATION TO THE HYDROGEN ENERGY MINISTERIAL MEETING OCTOBER 2018 TOKYO Contents: Thank you for allowing ITM Power to present We are excited by the opportunity in Japan Please contact Sumitomo Corporation

14 PRESENTATION TO THE HYDROGEN ENERGY MINISTERIAL MEETING OCTOBER 2018 TOKYO Shell, Rheinland Refinery, Germany DR SIMON BOURNE CHIEF TECHNOLOGY OFFICER ITM POWER PLC