ITM Power has reportedly validated an additional 40% iridium loading reduction in its electrolyser products whilst maintaining stack performance and longevity.
The UK-based firm’s next-generation stack platform, CHRONOS, has validated various features, many of which will be implemented into its current TRIDENT stack platform. H2 View understands that the advancement in iridium loading will be the first to be triggered for adoption for both platforms.
“As part of a structured validation process, we have successfully reduced iridium loading by a further 40% without detriment to performance or degradation,” explained Dennis Schulz, ITM Power CEO.
“As a costly raw material, reducing iridium benefits stack costs significantly. This loading reduction and our catalyst recovery and reuse processes will substantially reduce our consumption of critical raw materials and further lower our cost.”
ITM has previously achieved successful precious metal reduction within its stacks, having already lowered loading by over 80% in the past years.
In 2019, ITM met the EU’s 2030 precious metal loading target for PEM electrolysers.
In May, the electrolyser manufacturer launched a 5MW containerised PEM electrolyser plant, with a price tag of £4.35m ($5.4m).
Read more:ITM unveils 5MW PEM electrolyser plant with a price tag of £4.35m
The NEPTUNE V product equates to £879/kW ($1,090/kW), compared to the $1,200-2,000/kW for PEM systems estimated in an EY Parthenon report.
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