Next Hydrogen Solutions Inc · TSXV:NXH
Next Hydrogen Solutions — Investor Presentation (June 2021)
28 slides from Next Hydrogen Solutions's investor presentation, June 2021
Slide 1: Investor Presentation
Innovation in Water Electrolysis TM Investor Presentation June 2021
Slide 2: Our Vision and Mission
2 OUR Green hydrogen for a VISION clean future MISSION Our mission is to drive a step change reduction in clean hydrogen generation costs from renewable energy sources and enable wide-spread adoption of hydrogen solutions to de-carbonize the global economy.
Slide 3: Disclaimer
3 Disclaimer Legal disclaimer This presentation of Next Hydrogen (“Next” or the “Company”) is for information only and shall not constitute an offer to buy, sell, issue or subscriber for, or the solicitation of an offer to buy, sell, issue or subscribe for any securities in any jurisdiction in which
Slide 4: Disclaimer: Forward Looking Information
4 Disclaimer Forward Looking Information The Presentation Materials contain forward-looking statements with respect to Next Hydrogen. By their nature, forward-looking statements are subject to a variety of factors that could cause actual results to differ materially from the results suggested by the
Slide 5: 38 patents, 12+ years, US$80B
5 Next Hydrogen was founded in 2008 by pioneers in water electrolysis with combined 60+ years experience in designing hydrogen generation systems Water electrolysis is the only means to generate green hydrogen and Next Hydrogen offers a purpose built electrolyser to integrate with renewable energy s
Slide 6: Significant Industry Experience with Roots Tracing Back to Stuart Energy
6 Significant Industry Experience with Roots Tracing Back to Stuart Energy President & CEO Chief Financial Officer Chief Technology Officer Chief Operating Officer Chair of the Board Vice Chairman CFA, B.Math, B.Econ CPA, CA, CPA(IL), MAcc Ph.D Ph.D BSc, BA, MBA M.Sc, DBA Raveel Afzaal Kasia Malz Mi
Slide 7: Board Directors Lend Invaluable Leadership Experience
7 Board Directors Lend Invaluable Leadership Experience Board Director Board Director Board Director Board Director Board Director M.Eng, MBA BA, MBA B.Sc, M.Sc CPA, CA, MAcc, EMBA BA, MBA Walter Howard Michael Pyle JP Clausen Susan Uthayakumar Anthony Guglielmin ▪ Extensive career ▪ CEO of Exchange
Slide 8: Corporate Milestones
8 Corporate Milestones Launch & Design Validation & Product Demonstratio Commercialization & Growth Development Testing Development n 2016 2021 2022-2023 "The team successfully demonstrated the NH300 (1.8 MW): Test and To finalize design of To run demonstration continuous operation of evaluation of
Slide 9: Investment Highlights
9 Investment Highlights Investment Highlights ▪ US$80B Addressable Market and less than 10 notable electrolyzer players globally Hydrogen ▪ Applications in materials handling, heavy mobility and industrial processes, which can not be electrified Economy ▪ Countries making up ~70% of the world GDP ha
Slide 10: Next Hydrogen Applications
10 Next Hydrogen Applications Solutions to Power and Green Industrial Operations ▪ 95% of hydrogen used for industrial purposes is from fossil fuels 1 ▪ Used for refining, fertilizer production, etc. ▪ Hydrogen produced from green energy can dramatically lower carbon emissions and Ammonia Cement Ste
Slide 11: Commercial Testing and Validation
11 Commercial Testing and Validation One of the Largest On-site Hydrogen Generation Project for Materials Handling Applications Globally The first “green hydrogen system” – hydrogen powered fork lifts and concurrent electrolysis fuel production using Next Hydrogen electrolysers ▪ Validated by Cost-B
Slide 12: Product Offerings
12 Product Offerings NH-300 Hydrogen Generation System Schematic Open architecture with the best commercially available cell components Compact units, pre-assembled Electrical and Controls Container and ready to drop in at sites Electrolyzer Module Patented cellular architecture removes fluid-gas fl
Slide 13: Why Choose Next Hydrogen's Electrolyzers?
Why Choose Next Hydrogen’s 13 Electrolyzers? Highest Current Density Alkaline Electrolyzer on the Market Enhanced Safety Generates more hydrogen when Reduced gas fractions during strenuous compared to a competing product with the operating conditions same active surface area Enhanced Dynamic Respons
Slide 14: Significant Advancement in Electrolyser Design
14 Significant Advancement in Electrolyser Design - Electrolyzer Design Gases and liquids separated right at the cell plate All electrolyte and gas-liquid separation occurs at each cell plate, removing limiting design Cooled features of electrolyte returns back conventional to the cell electrolyzers
Slide 15: Cost Advantages Provided by Next's Electrolyzer Design
15 Cost Advantages Provided by Next’s Electrolyzer Design Higher Current Density Superior Dynamic Response Scalable Design Superior dynamic response enables Up to 2.5x current density, leading Next Hydrogen’s electrolyzers to With approximately the same to 2.5x more hydrogen produced capture fluctua
Slide 16: Patent Portfolio Geared Towards Green Hydrogen From the Beginning
Patent Portfolio Geared Towards Green Hydrogen From the 16 Beginning Filing Priority Location(1)(2) Cell Electrolyzer Module July 2008 US (3), PCT, CA, Module ▪ Core water electrolyzer module design EP, CN, IN Power Dispatch System for Electrolytic Production of Power Hydrogen from Wind Power Octobe
Slide 17: Spotlight on Global Decarbonization has been Unprecedented
Spotlight on Global Decarbonization has been 17 Unprecedented 96% of countries are committed to the Paris Agreement To stabilize or reduce concentrations of CO 2 in the atmosphere, the world needs to reach net-zero emissions as soon as possible 81% of society feel that companies have a vital role to
Slide 18: Hydrogen's Role in Decarbonization
18 Hydrogen’s Role in Decarbonization The world will need to Hydrogen is a central make dramatic Projected Hydrogen Competitiveness by 2030 pillar of the energy changes and transition required decrease energy- to limit global related CO2 More competitive Hydrogen vs. low-carbon alternatives warming
Slide 19: Unprecedented Commitment on Green H2 from Countries Globally
Unprecedented Commitment on Green H 2 from Countries 19 Globally Hydrogen could be The Nord Stream 2 gas used to deliver 30% EU aims to install 40 GW of pipeline could deliver of Canada’s end-use energy by 2050 renewable hydrogen hydrogen from Russia to 270 GW of electrolysers will be electrolyzers
Slide 20: Significant Electrolyzer Market Opportunity
20 Significant Electrolyzer Market Opportunity Market Opportunity by 2030 Market Opportunity by 2050 100 GW Global Hydrogen Production Mtpa Scenario >$12T 600 TOTAL ADDRESSABLE MARKET 500 Hydrogen 200 MW Opportunity by 2050 2020 Capacity of 2030 Target of Electrolyzer Green H 2 Green H 2 s Productio
Slide 21: Industry Landscape
21 Industry Landscape Pure Play Electrolyzer Manufacturers PEM Electrolyzer Manufacturers Dynamic Response Alkaline Fuel Cell Manufacturers Module Lifetime
Slide 22: Uniquely Positioned to Take Advantage of a Growing Hydrogen Market
Uniquely Positioned to Take Advantage of a Growing Hydrogen 22 Market Next Hydrogen’s Near-Term US$80B(1) Market Opportunity ~$80B Strategy & Future Plans Target: To be a Top Player in Green H 2 $14.9B Production Explore Build-Own-Operate hydrogen production plants with partners Target: 30-35% Gross
Slide 23: In Summary
23 In Summary US$80B Addressable Market with Next Hydrogen being one of 10 notable electrolyzer players globally 60+ years of combined hydrogen experience with proven technical expertise from Stuart Energy Validated electrolyzer design offers higher current density, inherently scalable design with s
Slide 24: Appendix
24 Appendix
Slide 25: Illustrative Excess Solar Energy Capture for H2 Production Scenario Assumptions
Illustrative Excess Solar Energy Capture for H 2 Production Scenario 25 Assumptions Key Assumptions ▪ Solar Energy ▪ Large solar installation that sells the first 50% of its name plate capacity through a Power Purchase Agreement ▪ Electrolysis capacity to capture the remaining 50% of solar generatio
Slide 26: Levelized Cost of Hydrogen Sensitivity
Illustrative Excess Solar Energy Capture for H 2 Production Scenario 26 Sensitivity Sensitivity Analysis – Impact of Electricity Pricing ▪ The lower the electricity price, the better Next Hydrogen’s capital cost advantage becomes ▪ The low-capacity factor for capturing excess solar energy results in
Slide 27: Hydrogen's Supply Needs to be Decarbonized
27 Hydrogen’s Supply Needs to be Decarbonized Natural Gas Water CO2 Emissions Production Cost kg/kg H2 (lifecycle) USD/kg Global Hydrogen Production Scenario Max Min CO2 Tax Max Min Mtpa 11.3-12.1 600 9.2-11.1 8.8-11.1 Electricity Process Emissions 0.8-4.9 GREY 0.6-1.9 0.8-2.1 500 2020 2030 2050 202
Slide 28: Corporate Led Hydrogen Projects Increasing Globally
28 Corporate Led Hydrogen Projects Increasing Globally Electrolysis Produced Hydrogen Capacity Increasing Exponentially 3,500 3,109 2,986 3,000 Cumulative MWel Capacity 2,500 2,000 1,465 1,500 1,000 709 500 241 47 57 61 79 99 139 8 19 24 42 - 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 20
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