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Ultimately, the area where Marsh foresees the most benefit in cutting costs is not through high-tech, artificial intelligence-driven productivity. Rather, it comes down to something as simple as construction expenses. “If you take a look at the cost of building a hydrogen plant,” Marsh explains, “probably 60%, 65 % of it is construction costs.”
Modular design is likely to help alleviate some of this financial burden, Marsh says. “This is no different than how people may be thinking about how you build homes in the future. We have to design our products so that they can just be dropped in place. There’s very, very little construction next to interconnects happening.”
The benefits of such a system are manifold. “It accelerates the time to market. It makes costs dramatically lower. It makes it possible that hydrogen can compete with other energy sources immediately.”
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