Problem

Green Hydrogen is produced through electrolysis, a process that separates water into hydrogen and oxygen, using electricity generated from surplus renewable sources.

Current production costs for green hydrogen need to drop by at least 50% to be economically viable on a large scale (from $4/kg to $1.5/kg). One of the most expensive parts of the process is the electrolyzer, with electrodes accounting for 20-26% of total production costs.

Solution

Jolt has developed an innovative electrode manufacturing method (IP -catalytic coating technology) that improves the durability, energy efficiency, production process (both volume and price), and versatility of the electrodes. Thus, it lowers the green-H2 production price.

Impact

In terms of contributing to decarbonization, green-H2 has been selected as the most promising form of hydrogen production because it does not generate CO2-eq or harmful waste material.

JOLT’s mission is to boost the green-H2 generation by reducing production costs, improving electrolyser production efficiency, and extending electrodes’ lifespan.