ITM Power Plc (ITMPF)

[Gerry321]

Can Hydrogenics match $2.50/kg for home made hydrogen?

ITM Power commenced US marketing of their $4000 Home Refueler when their Business Development Manager Marcus Newborough of gave a presentation on the ITM HRU at the 2008 Hydrogen Codes and Standards Conference on 19 Sept 2008
Also presenting their Home Refuelers were Honda and NEC

the last we heard it was $2m to $3m for a refueler making hydrogen from natural gas
ITM power make their hydrogen from electricity at a cost per kg of around 40 times the nightime Kwhr rate
Their 10Kw HRU can make 2kg every 8hrs
ITM have indicated they can sell volume production of their 10 Kw HRU for £2000 say $4000 US


mmmm........
I wonder if the price will be raised for the US market ?

http://www.hydrogenandfuelcellsafety.info/2008/sep/nextEnergy_agenda.pdf