Welcome to Hydrogenics Corporation. Corporate Introduction Presentation Edition November 2007

Transcription

1 Welcome to Hydrogenics Corporation Corporate Introduction Presentation Edition November 2007

2 Hydrogenics.. Changing Power Through the development and commercialization of products based on clean Hydrogen and Fuel Cell Technology we are changing the way the world looks at making and using energy and power Powering Change We do this by setting a world-leading pace in our sector through the application of innovation and strategic partnerships that engage a wide range of stakeholders who share our vision

3 Transition to a H 2 Economy The carbon content in fuels contributes to air pollution Carbon content in fuels has decreased over time Hydrogen is the ultimate zero-carbon fuel Fuel cells are the ultimate engine for that fuel TIME The Stone Age did not end for a lack of stones

4 Macro Benefits Energy Security Making the Hydrogen Value Proposition Reduced dependence on foreign oil Lower price volatility Urban Air Quality Lowers or eliminates smog and particulate emissions Greenhouse Gas Emissions Enables a connection to renewable and clean energy sources Solar, wind, run-of-the-river hydro, geothermal and nuclear

5 Making the Fuel Cell Value Proposition Operational Benefits Increased power generating efficiency No harmful emissions (e.g. CO, CO2, NOx, SOx) Reduced operating and maintenance costs High quality power Reduced noise emissions Design freedoms around electrification More efficient electric drives can be integrated On-board electric equipment can be powered Off-board power can be supplied

6 Hydrogenics Profile A world leading provider of hydrogen products and infrastructure OnSite Generation Power Systems 1,700 + hydrogen products deployed worldwide 84 patents held and 459 patents filed Headquarters in Toronto, Canada Offices: Germany, Belgium, Japan, US, China, India Incorporated in 1995 (NASDAQ: HYGS; TSX: HYG)

7 Our Strategic Focus Hydrogenics offers a comprehensive suite of products through its complementary business units. OnSite Generation Power Systems STRATEGY Grow industrial markets Transition products and expertise to emerging energy markets Target early adopting markets with certified products Continue to seed later to emerge markets

8 Hydrogenics Global Reach

9 Hydrogenics OnSite Generation 3 options for sourcing H 2 fuel: Delivered H 2 Onsite Electrolysis Onsite Reformation Hydrogenics offers Hydrogen Generation products based on Electrolysis (alkaline and PEM) HySTAT Hydrogen Generators HySTAT Refueling Stations HySTAT Energy Stations

10 Advantages-Benefits of Electrolysis Raw materials: Water-Power Power can come from renewable sources resulting in totally zero emission H2 Onsite Generation-No transportation On demand H2 removes need for storage in some applications Offers a storage medium for excess renewable power Proven technology High availability >98%, unattended operation Excellent safety record

11 Industrial Hydrogen- A Today Business Today we offer our time-proven alkaline electrolyzer products for a wide range of industrial hydrogen applications Hydrogen is used today in industries such as: specialty chemical manufacturing, metallurgy, generator cooling and electronics Industrial Hydrogen On-site alternative to trucked-in, centrally-produced hydrogen Current addressable market is over US$100 million but gaining share in the overall US$1.8 billion U.S. merchant hydrogen market 1,2 Industrial Hydrogen 1 Source: Business Communications Company 2 Global market for industrial hydrogen is approximately 50 million tons per year. Source: Reed Wasden Research, June 27, Source: U.S. Census, Euromonitor.

12 Hydrogen for Emerging Energy Markets Electrolyzer technology can be deployed across a range of energy market applications Market leading commercial solution for transportation refueling Transportation Fueling Hydrogen is ideal medium to store electricity optimize grid/off-grid efficiency deploy for multiple uses Renewables Extracted oil can be upgraded using nuclear hydrogen resulting in a much reduced environmental footprint Oil Upgrading

13 Scalable Technology Meets Market Needs HySTAT-P HySTAT-A (S-1000) HySTAT-A (S-4000) PRESSURE 10 bar bar 10 bar POWER LEVEL (kw) Up to 16 kwp kw kw CAPACITY (Nm3/Hr) # of STACKS Commercial product Product under development

14 Hydrogenics Power Systems HyPM HD-8 HyPM XR-12 Rack-mountable HyPM HD-65 HyPX Fuel Cell Power Pack HyPM Fuel Cell Power Products target specific needs Fuel Cell Power Modules for OEMs 4, 8, 12, 16, 65 kw HyPM XR Power Modules deliver high reliability to serve the needs of backup power customers requiring extended run capabilities; HyPM HD deliver high durability to meet the needs of mobility applications Fully integrated HyPX Fuel Cell Power Packs provide a plug and play alternative to lead acid batteries for forklift trucks

15 Power Systems: Applying a Market-based Strategy Providing a value proposition today for challenged applications to create early market pull.leading to commercialization Focused on early-adopting markets: Backup power for network critical data centers (AC) and telecom sites (DC) Materials handling equipment, specifically forklifts Additionally engaged with world-leading OEMs in preparation for future pipeline markets

16 Focused on Commercial Products for Vertical Markets Data Center Backup Power Telecom Backup Power Material Handling Product: Fuel Cell Power Packs Easily installed in electric lift trucks Customer: Datacenters, extended run critical backup Telecom and wireless networks Lift truck fleet operators in multi-shift indoor operations Distribution Strategy: To OEMS for integration Direct to Customers & OEMs Direct to Customers & OEMs

17 While Focused on Targeted Markets we continue to support Military & Pre-Commercial Opportunities Single Technology Platform Increased Product Development Targeted Commercial Markets HyPM Power Module Military and Pre-Commercial Markets

18 Product Development and Demonstrations...a few examples

19 HyPX Fuel Cell Power Pack Fuel cell hybrid power solution replaces battery pack in Class 1 5,000 lbs forklift Fits within existing battery space Refueling time of <2 minutes 1.7 shifts (8 hour shift) per fill In 2005, 2 forklifts were deployed at GM Canada Oshawa automotive assembly plant, then FedEx New government contribution announced in July 2006 to fund up to 19 forklifts and tuggers at GM

20 Backup Power Systems Modular 8 kw 30 kw UPS systems for Telecom and Data Centers Replaces diesel genset and batteries Key Benefits: Improved performance and reliability Smaller physical size rack mounted systems Modular design redundancy and easy power expansion No downtime for maintenance Partners: American Power Conversion (APC-MGE) Bell Canada HyPM XR-12

21 Hybrid Midi Bus Demonstration Vehicle Technical Data Length 5.3 m (17 ft ) Type Low floor Seats 8 Max speed 33 km/h (20 mph) Autonomy Drive Motor 200 km (125 mi) 12 kw PEM Fuel Cell 25 kw Fuel Hydrogen storage Energy storage Hydrogen psi NiCd Batteries

22 Fuel Cell Hybrid Midi Bus Benefits Compared to battery-only systems: Lighter weight, better performance and increased payload Increased driving range without recharging 10 h / 200 km (vs 6 h / 80 km) Fast re-filling time Overall significant savings in labour costs Compared to fossil-fuel combustion systems: Zero emissions High efficiency (FC 50% vs ICE ~25%) Quiet operation Economic: FC system relatively low cost compared to the bus cost Low relative operating costs per bus Market: Midi bus fits unique gaps in transit routes Multiple small FC buses can be afforded at same price as a single large FC bus

23 Hydrogen Fueling Experience A legacy of: time-tested product technology installation experience hydrogen knowledge leadership in codes & standards development safety handling

24 Worldwide Hydrogen Refuelling Stations Delivering refueling stations around the world Richmond, Torrance, Diamond Bar, Chula Vista, Chino, Thousand Palms, California Ford, APG, Arizona Detroit, Michigan Toronto and Vancouver, Canada Malmo and Stockholm in Sweden Barcelona, Spain Amsterdam, Netherlands Porto, Portugal Hong Kong

25 Toyota Motor Sales USA Toyota Headquarters in Torrance, California ( present)

26 Sydkraft H 2 CNG City of Malmo, Sweden ( present)

27 Thank you Find out more about us..