Hydrogen Fueling Opportunity
Blue hydrogen, using renewable natural gas instead of non-green electricity, marks an important milestone for the hydrogen industry.
By harnessing renewable natural gas and natural gas, PowerTap diverts the greenhouse gases from entering the atmosphere, creating clean, inexpensive hydrogen which beats out harmful methane fossil fuels and battery electric on all metrics.
1 Based on diesel cost as of September 2021; 6.5 MPG ((https://www.inlandtruck.com/blog/getting-best-mpg-semi-truckn)
2 All fuel cost/mile numbers exclude incentives
3 Tesla estimates, as published (www.tesla.com/semi)
4 Hyzon, investor presentation Feb. 2021 (https://hyzonmotors.com/wp-content/uploads/2021/02/Hyzon-Investor-Presentation- 02.12.21ck.pd0)
* Above Table Reflects Data For Heavy-Duty, Class 8 Trucks
Superior Vehicle Types
1 - Based on publicly available information regarding the lower weight, longer range, shorter refueling time and longer life of fuel cells in FCEVs vs. batteries in BEVs.
2 - https://bit.ly/3DNgAeI
3 - https://bit.ly/3kYpugW
H2 Vehicle
Sales Growth
4 - https://bit.ly/3h2Zlfz.
5 - https://toyota.us/3kLi8x2
6 - https://bit.ly/3n0Xs75
Fueling
Infrastructure
7 - https://bit.ly/3zMYAhW
Highlights
Now in its 3rd evolution, PowerTap's patended hydrogen technology can be a key part of solving the missing hydrogen infrastructure challenge.
A lack of infrastructure for the new and future hydrogen fuel cell electric vehicles provides an immediate opportunity to PowerTap.
Multiple patents and history in the hydrogen industry allows PowerTap's Gen3 system to make an impact in the hydrogen industry.
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Intellectual Property
PATENT NUMBER: 10549250: METHOD OF FABRICATING CONCENTRIC-TUBE CATALYTIC REACTOR ASSEMBLY
(This method of fabrication reduces the overall footprint of the Fuel Processor unit but is also critical to the system ability to thermal cycle in hours not days, further reducing the generation of CO2 by not running continuously.)
PATENT NUMBER: 7063131: PERFORATED FIN HEAT EXCHANGERS AND CATALYTIC SUPPORT
(Provides improved reactance of catalysis and reduces catalysis crush during startup and shutdown periods)
PATENT NUMBER: 10197269: BURNER ASSEMBLY WITH LOW NOX EMISSIONS Provides much Greener Solution
(Nox pollution contributing to the acid rain problem. Additionally, Nox deposition in the oceans provides phytoplankton with nutrients, worsening the problem of red tides and other harmful algae blooms)
- PATENT NUMBER: 7367996: HEAT TRANSFER OPTIMIZATION IN MULTI SHELLED REFORMERS
- PATENT NUMBER: 7063131: PERFORATED FIN HEAT EXCHANGERS AND CATALYTIC SUPPORT
- PATENT NUMBER: 7507384: PREFERENTIAL OXIDATION REACTOR TEMPERATURE REGULATION
- PATENT NUMBER: 7575614: STARTUP BURNER
- PATENT NUMBER: 7434547: FUEL FIRED HYDROGEN GENERATOR
- PATENT NUMBER: 7354465: DEVICE FOR COOLING AND HUMIDIFYING REFORMATE
- PATENT NUMBER: 9718041: STEAM REFORMERS, MODULES, AND METHODS OF USE
- PATENT NUMBER: 9939298: PRESSURE RELIEF DETECTION FOR USE WITH GAS STORAGE
- PATENT NUMBER: 10201775: REGULATING FLOW OF PRESSURE SWING ADSORBERS
- PATENT NUMBER: 10197269: BURNER ASSEMBLY WITH LOW NOX EMISSIONS
- PATENT NUMBER: 10549250: METHOD OF FABRICATING CONCENTRIC-TUBE CATALYTIC REACTOR ASSEMBLY
- PATENT NUMBER: 10105667: STEAM REFORMERS, MODULES, AND METHODS OF USE
- PATENT NUMBER: 10773229: METHOD OF FABRICATING CONCENTRIC-TUBE CATALYTIC REACTOR ASSEMBLY
- APPLICATION NUMBER: 16133799: STEAM REFORMERS, MODULES, AND METHODS OF USE