Battolyser Systems produces a flexible electrolyser with integrated battery capacity that generates 100 green hydrogen by utilizing low-cost renewable energy and instantly switching between hydrogen production and electricity discharge. This technology addresses the challenge of high Levelized Cost of Hydrogen LCOH by enabling hydrogen production only when electricity prices are favorable, while also allowing for revenue generation through electricity trading.
Funding
$77M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EIGCIIFounders
Product
Problem
Traditional electrolyzers face challenges in achieving cost-effective green hydrogen production due to their inability to efficiently utilize intermittent renewable energy sources and their lack of energy storage capabilities. This results in higher Levelized Cost of Hydrogen (LCOH) and limits the economic viability of green hydrogen projects.
Solution
Battolyser Systems offers a flexible electrolyzer with integrated battery capacity, enabling the production of 100% green hydrogen at a lower LCOH. The Battolyser can instantly switch between hydrogen production and electricity discharge, allowing it to capitalize on low-cost renewable energy and generate revenue through electricity trading. This integrated approach ensures hydrogen production occurs when electricity prices are favorable, while also providing grid services and reducing reliance on continuous renewable energy input. The system's inherent safety and robustness, stemming from its patented nickel-iron technology, contribute to its industry-leading efficiency and durability.
Target Audience
The primary target audience includes companies involved in green hydrogen production, renewable energy project developers, and organizations seeking to reduce their carbon footprint through sustainable energy solutions.
Features
- Integrated electrolyzer and battery system for flexible operation
- Patented nickel-iron technology for inherent safety and robustness
- Ability to switch instantly between hydrogen production and electricity discharge
- Operates effectively with highly volatile renewable energy sources
- Modular design available in 2.5MW, 5MW, and 25MW configurations
- Skid-mounted system with complete Balance of System options
- Regenerative catalyst electrodes for long-lasting electrolysis
- Enables both on-grid and off-grid applications