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Electric Hydrogen

Energy · Natick, United States · Founded 2020

Electric Hydrogen (EH2) is a startup that manufactures and commissions the world's most powerful electrolyzers for critical industries. The company's primary product is green hydrogen, a no-emissions replacement for fossil fuels. Green hydrogen is produced using electrolyzers, devices that split water with renewable electricity. Historically, the high cost of electrolyzers has been a barrier to the widespread use of green hydrogen. However, EH2 has innovated a fresh approach to the design and scale of electrolyzers, making green hydrogen cost-competitive. EH2's business model revolves around engineering, assembling, and selling complete electrolyzer plants from a factory. Their unique approach involves building a "stack" of electrolysis "cells" that produce hydrogen at a significantly lower cost than today's available technology. EH2's 100MW complete plant product is orders of magnitude larger than the units from competitors, and it can be built and commissioned in about three months. This is a significant improvement over today's technology, which is typically less than 5MW and takes twice as long from delivery to commissioning. EH2's primary market is industries that are heavy emitters of CO2, such as fertilizer, ammonia, steel, chemicals, and fuels. By offering a cost-effective solution for green hydrogen production, EH2 is making it economically feasible for these industries to decarbonize at speed and scale. In summary, EH2 is a game-changer in the green hydrogen industry, offering a cost-effective and efficient solution for industries to reduce their carbon footprint. The company recently raised $380 million to transform the economics of green hydrogen production and is set to supply electrolyzer technology for one of North America’s largest green hydrogen facilities. Keywords: Green Hydrogen, Electrolyzers, Decarbonization, Renewable Energy, Industrial Emissions, Cost-Effective, Efficient, Hydrogen Production, Carbon Footprint, Green Technology.