Liberate Your Energy
E = GH2
Grimes Hydrogen Systems, LLC
1
Liberate Your Energy
Increase Energy Efficiency
Gasoline ICE ~ 20% Efficient
Electric Grid 34% Efficient
Enable Energy Independence
Daily Import Oil Bill $1.5 Billion
Reduce Carbon Footprint
E = GH2
Petroleum & Coal 4.3 Billion Tons CO2
Do More With Less
2
Hydrogen Pathways
19th Century Electrolysis
• High Purity
• Rapid Start-up/Turndown
• On-Site Production
Delivered cost
CO2 kg
Thermal Efficiency
~ $11.00
48
(~60%) 19%
3
Hydrogen Pathways
20th Century Steam Methane Reforming
• High Temperature Process (850°C)
• Low Cost ~ $2.75/kg
• CO2 Emissions 8kg/1kg of H2
Delivered cost CO2 kg
Thermal efficiency
Compressed H2
$9.35
14.0
51%
Liquid H2
$6.15
16.0
45%
4
Hydrogen Pathways
21st Century GH2 Electro Chemical Reforming
• Hybrid Approach to H2 Production
• Low Temperature (< 200°C)
Electric or Thermal Energy Input
• Highly Scaleable, Low Cost
On-Site Plant
Delivered cost
CO2 kg
Thermal efficiency
Electric
$6.10
24.2
37%
Thermal
$3.00
9.0
96%
The Chemistry
Convert Methanol (CH3OH) &
Water (H2O) into Hydrogen (H2)
Volumetric Energy Density:
Hydrogen
•
Methanol 99 g/l
•
Liquid Hydrogen 71 g/l
Multiple bio-derived Methanol
sources
Methanol
6
Market Penetration
E = GH2
GH2 Product
Electrical
GH2 0.5 m3/ hr
GH2 5 m3/ hr
GH2 15m3/hr
Thermal
GH2 50 m3/ hr
GH2 500 m3/ hr
Markets
Industrial: Compressed H2 & Cylinders
Transportation: Domestic & Fleet Refueling
Distributed Generation: 100kw - 1mw
Industrial: Liquid H2, Large On-Site Reforming
Transportation: Commercial Refueling
7
Transportation Opportunity
Delivered
Cost/kg
CO2/kg Cost/mile CO2 kg/mile
Electrolysis
$11.00
48.00
$0.20
0.87
Liquid H2
$6.15
16.00
$0.11
0.29
Compressed H2
$9.35
14.00
$0.17
0.25
Distributed SMR
$5.50
11.00
$0.10
0.20
Distributed GH2 ECR
$3.00
9.00
$0.05
0.16
Gasoline (gallon)
$4.00
8.80
$0.16
0.35
Energy content 1 kg H2 ~ 1 gallon of gasoline
Gasoline ICE 25 mpg
FCV efficiency 2.2 x
8
Power Generation Opportunity
Fuel Input
Del $/kwh
CO2/kwh
Efficiency
Coal
$0.25
1.0 kg
34%
Natural Gas
$0.25
0.6 kg
34%
Diesel
$0.40
0.8 kg
34%
Hydrogen
$0.18
0.3 kg
70%
9
People, Time & Money
Grimes Hydrogen Systems,
Kingston, NY
Paul McMenemy
Stephen Young
Timothy Raven
Dr. Richard Bellows
Gibbs Energy, NJIT
Newark, NJ
Joe Maceda
PrecisionFlow Technologies,
Saugerties, NY
Kevin Brady
Marketing Works,
Cold Spring, NY
Marshall Mermell
10
Milestones
Value - Staged Development Plan
Product Revenue
2011
Commercial Product
2010
ECR Core
2009
Platform
2008
Foundation
2003-2007
Demonstrate
Prototype
Commercialize
People, Time & Money
Financing Required $20 Million
Series A: $8,500,000 for Phase I Electrical
– 2-year Program to Beta Sales
– Indication of Interest from Co-Investor(s)
– Require Lead Investor
Series B: $11,500,000 for Phase II Thermal
$20 Million = 20 Minutes of Imported Oil
12
Liberate Your Energy
E = GH2
Grimes Hydrogen Systems, LLC
13
Back Up
14
Elements for Electrochemical
Reforming
React or
1
Ionically Conduct ive Elect rolyt e
3
1.
2.
3.
4.
5.
Reactions Occur in Liquid
Phase Conductive Electrolyte,
Fuel and Water Mixture
Methanol and Water Fuel is
Oxidized, Water is Reduced
Electrically Conductive
Catalytic Material
Energy Addition to Accelerate
and Control Hydrogen
Generation Rate
Gibbs Free Energy Enhances
Reaction spontaneity
H2 Evolution
Elect rically
Conductive
Catalyt ic
Material
Thermal
Energy
4
CH3 OH
Anodic
e-
H2 0
-
+
Cat hodic
OH-
2
CH3OH + 8OH- = CO32- + 6H2O + 6e6H2O + 6e- = 6OH- + 3H2
CH3OH + 2OH- = CO32- + 3H2
Power
Supply
1
3
Elect rical
Energy
e-
React or
(anode)
(cathode)
(overall)
Ionically
Conductive
Elect rolyt e
4
H2 Evolution
Elect rically
Conductive
Electrodes
Thermal
Energy
CH3 OH
Anodic
H2 0
4
-
+
Cat hodic
OH-
15