Hydrogenpro Asa · OSL:HYPRO
Hydrogenpro Asa — Investor Presentation (February 2024)
19 slides from Hydrogenpro Asa's investor presentation, Feb 17, 2024
Slide 1: Corporate Presentation
POWERING INNOVATION. ENERGIZING TOMORROW. Corporate Presentation
Slide 2: HydrogenPro is a global provider of green hydrogen technology & systems
HydrogenPro is a global provider of market-leading, largescale green hydrogen technology & systems 1 STATE-OF-THE-ART ELECTROLYZER • 5 MW single stack suitable for renewable energy input • A modular system that can be scaled to any size for large-scale industrial applications • Pressurized hydrogen
Slide 3: Serving industrial applications and hard-to-abate sectors
Serving industrial applications and hard-to-abate sectors Power-To-Gas Refinery/ Decarbonization Renewables Synthetic fuel H2 Balancing the grid + O2 H2O Fertilizer/ ammonia Water Steel Production 3
Slide 4: Four strategic pillars
Four strategic pillars Technology Leader Global footprint Scalability Life Cycle Partner › R&D investments › Building the › Commissioning › Gen3 electrodes for as top priority organization to world’s largest H2 upgrading › Expanding serve projects project (ACES) › Increase focus on globally research
Slide 5: Corporate statement
Corporate statement VISION MISSION VALUES BECOME #1 PROVIDER OF ACCELERATE GLOBAL COURAGE LARGE-SCALE GREEN DECARBONIZATION WITH HYDROGEN TECHNOLOGY WORLD-CLASS INTEGRITY & SYSTEMS SUSTAINABLE GREEN HYDROGEN SOLUTIONS COLLABORATION INNOVATION Mission, vision and values statements serve as the founda
Slide 6: Our employees are the heart and soul of our company
Our employees are the heart and soul of our company, driving its success through their dedication, expertise, and passion. No matter what position we hold or where we are located, it is our employees who make the difference. On all levels. We are energy givers, constantly looking for greener ideas,
Slide 7: Building a global brand
Building a global brand Norway Porsgrunn: HQ & Oslo: Technology center Admin office Aarhus, Denmark R&D and Electrode manufacturing Minneapolis, US Subsidiary China Tianjin: Electrolyzer manufacturing, 500 MW capacity Shanghai: Sourcing Duisburg, Germany Subsidiary
Slide 8: Manufacturing & Testing
Manufacturing & Testing Electrolyzer Electrode Electrode manufacturing manufacturing Testing CHINA DENMARK NORWAY TIANJIN FACTORY AARHUS FACILITY PORSGRUNN TEST CENTER 500 MW capacity 8
Slide 9: Large scale modular solution
Large scale modular solution OUR STANDARD SCOPE: Electrolyzers (in pairs, with a capacity of 1050 Nm3/h each, total 2100 Nm3/h) Electrolyzer stacks & Gas separator units, with separate lye circulation Gas separator skids systems and gas scrubbers with instrumentation Gas analyzers for detectio
Slide 10: Why HydrogenPro?
Why HydrogenPro? 10+ years of experience R&D focus on electrode technology Manufacturing partnership in Europe State of the art manufacturing facility 500 MW production capacity Large scale references Inhouse engineering
Slide 11: Delivering to projects across geographies and industries
Delivering to projects across geographies and industries Porsgrunn, Norway Kokkola, Finland Test facility, operational Woikoski, Power-to-X, operational 340 Awarded Kristinestad, Finland Koppö [ANDRITZ], power-to-X, FEED >1755 FEED Raahe, Finland 9 Fortum, green steel, FEED completed 5.5 200 Utah, U
Slide 12: HydrogenPro delivers 2 of the 10 largest projects (excl. China)
HydrogenPro delivers 2 of the 10 largest projects (excl. China) estimated to come online in 2025 (Electrolyser capacity MW p.a.) 800 500 320 250 220 200 200 100 100 100 Project 1 Project 2 Project 3 Project 4 ACES Project 6 Project 7 Salzgitter Project 9 Project 10 Source: IEA “Hydrogen production p
Slide 13: ACES Delta (220 MW)
ACES Delta (220 MW) ACES HUB, Delta (Utah) THE PROJECT ACES1 hub provides a complete end-to-end solution to produce, store, and convert renewable hydrogen to support carbon-free year-round power for Western US THE CONTRACT • 220MW electrolysis plant • In addition: a 10-year service and support agree
Slide 14: Salzgitter Flachstahl (100 MW)
Salzgitter Flachstahl (100 MW) Salzgitter THE PROJECT SALCOS® (Salzgitter Low CO2 Steelmaking), will have laid the foundations for virtually climate-neutral steel production in Germany. Unterstützt von Bing © GeoNames, Microsoft, TomTom THE CONTRACT Our partner ANDRITZ will build a 100 MW electrolys
Slide 15: Superior positioning vs. other technologies
Superior positioning vs. other technologies PEM Alkaline High pressure Atmospheric pressure High pressure 3rd Gen Plant efficiency Low cooling need No noble materials Suitable for renewable energy High pressure on O2 Suitable for P2X1 plants Proven for large-scale plants Legend: Best capability Aver
Slide 16: 3rd Gen electrode technology increases efficiency and reduces OPEX
HydrogenPro’s 3rd Gen electrode technology increases efficiency and reduces OPEX Levelized cost of hydrogen Advanced electrodes is a game changer for CAPEX CAPEX production of green hydrogen ~25% ~25% OPEX ~75% • HydrogenPro’s 3rd Gen technology reduces consumption of which of electricity by 14% maj
Slide 17: Efficient manufacturing of high-quality products meeting international standards
Efficient manufacturing of high-quality products meeting international standards International certifications • ASME • ISO 9001 • ISO 14001 • ISO 45001 Manufactured in line with international standards • ASME (US) • EN, CE (Europe) • KHK (Japan) 17
Slide 18: Taking a leading role in the global electrolyzer industry
Taking a leading role in the global electrolyzer industry Technology frontrunner Supports premium pricing Large-scale track record Customer confidence Proven scalability Positioned for a growing market Geographic expansion Aligned with market opportunities Cost competitive manufacturing Attractive m
Slide 19: Powering Innovation. Energizing Tomorrow.
POWERING INNOVATION. ENERGIZING TOMORROW. \4ydrogenPro