RE-IMAGINING WATER ELECTROLYSER CELL DESIGN FOR ON SITE HYDROGEN PRODUCTION
February 2, 2024
Canada is a well-established global leader for innovative hydrogen solutions, with contributions from Ballard Power, Hydrogenics and Stuart Energy, to mention the few. Next Hydrogen development team targeted the cost of hydrogen generation from electricity sources, including renewable energy at scale. They realized that while some of the world’s brightest minds with strong capital resources were focused on improving cell materials and components, advances in the cell design architecture had garnered very little attention. As a result, the conventional alkaline water electrolyser design used to this day has not changed in several decades and resembles the process used for chemicals production (where hydrogen is a by-product). Traditional design are purpose-built to work with steady electricity input and hence, has low operational flexibility. This has its limitations especially when connected with renewable energy resources where availability and pricing vary during the course of the day due to demand.
Raveel Afzaal, the Next Hydrogen President, CEO and Director, will present the breakthrough innovation in cell design architecture providing unprecedented operational flexibility to capture the entire output of intermittent renewable energy using significantly smaller or fewer units than a traditional electrolyser solution.
Next Hydrogen, founded in 2007, makes it economical to generate hydrogen on site and at scale by enabling unprecedented operational flexibility through its revolutionary electrolyser design. They realized that while some of the world’s brightest minds with strong capital resources were focused on improving cell materials and components, advances in the cell design architecture had garnered very little attention. With the distributed hydrogen generation from renewable sources there can be significant savings in infrastructure costs and the role of hydrogen as an energy storage vehicle san be expanded.
RAVEEL AFZAAL brings deep capital markets expertise through a distinguished career in equity research over the past decade with a focus on Sustainability and Industrial Technologies. Prior to joining Next Hydrogen, he was an equity research analyst covering the Canadian Sustainability and Special Situations verticals for Canaccord Genuity. During his equity research career, Raveel was ranked in Brendan Wood surveys based on Buy Side nominations as well as by Thomson Reuters for estimates accuracy. Prior to joining equity research, Raveel worked in venture capital with XPV Capital. He graduated with a Bachelor of Mathematics and a Bachelor of Arts (Economics) from the University of Waterloo. He is also a CFA charter holder.
Where: SEAWAY Coworking Space
Main Boardroom at the 2nd floor
310 Bagot Street, Kingston, ON
The meeting will also be streamed on Zoom. For connecting via zoom follow this link:
Meeting ID: 968 9205 3564
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