HYDROGEN Investment

TECHNOLOGY
VENTURES Overview
August 2020

© Hydrogen Technology Ventures

Unprecedented Momentum in Hydrogen

Significant Coordination Between Policy makers & Industrial Partners

Policy drivers are global. Used to be Competitive Cost of Renewable

California, Germany & Japan but now its Energy (Solar/Wind) has opened up the
most of US, all of Europe & China, Korea, distributed markets for sources of energy
Australia, Singapore, Malaysia…. (independent of Oil & Gas)

Fuel Cells & Electrolyzers have had

significant cost reductions are Markets are realizing that
making Hydrogen competitive as electrification is not the holy grail;
cleaner energy solutions Electricity storage is a key bottleneck

© Hydrogen Technology Ventures 2

Hydrogen Tech. Platforms Impacting Energy, Industrial & Transportation Markets

$3T+ $2T+ $1T+ $1T+

Transportation Oil & Gas Electric Utilities Industrial

$1T+ $500B+ $150B+ $100B+

Hydrogen Production Green Hydrogen
Fuel Cell Applications Fuel Cell Systems
& Infrastructure Supply Chain

© Hydrogen Technology Ventures 3

 Investment Opportunities Across Large End Markets

Significant additional investments will be required …

Renewable production scale up 70 GW

Low-carbon production at scale ~10Mtpa

Distribution and refueling station $70bn+

20k HRS
network scale up total
Manufacturing scale up 3m FCEVs investment
need
Network/ gas boilers upgrades, fuel
6m households
cost gap bridged
Fuel cost gap bridged 115 TWh

… to support acceleration of H2 demand across segments

Global energy demand supplied with

€630bn clean H2 market
hydrogen, EJ

© Hydrogen Technology Ventures 4

Four Key Areas of Investments

H2 mobility infrastructure H2 mobility captive fleet

Venture investments Power-to-gas projects

© Hydrogen Technology Ventures 5

Hydrogen Venture Investment Opportunities

CCS/Other
Seed/Pre- , 15% H2
Series B, H2
Seed, 25% Supply/Distribution,
35% Applications 30%
, 10%

Fuel Cells,
Series A, 20% H2
40% Productio
n, 25%

Select Examples of Pipeline Under Diligence

o Light weight liquid hydrogen tanks

o Low cost electrochemical compressors
o Hydrogen fuel cells for drones
o Composite membranes for electrolyzers and fuel
cells
o Catalyst materials for increased durability
o Low cost hydrogen liquefaction tech
o Low cost Alkaline electrolyzers

© Hydrogen Technology Ventures 6

 Thank You
vishal@hytechvc.com

HYDROGEN
TECHNOLOGY
VENTURES