Smoltek's Breakthrough Technology for Green Hydrogen Production
Key Ideas
- Dr. Felix N. Büchi, a PEM technology specialist, validates that Smoltek's Porous Transport Electrode (PTE) technology for PEM electrolyzers significantly reduces the use of iridium, a rare and expensive precious metal.
- Conventional technology uses up to 2.0 mg of iridium per cm², while Smoltek has achieved a remarkable reduction to 0.2 mg per cm², aiming for further reduction to 0.1 mg per cm², potentially slashing the cost of a 100 MW electrolyzer to below 2 million euros.
- The positive evaluation by Dr. Büchi emphasizes the potential of Smoltek's technology in enabling cost-effective production of green hydrogen, crucial as iridium prices are expected to rise significantly in the coming years.
- Smoltek, a nanotechnology company, focuses on creating disruptive products for the semiconductor and hydrogen industries, with a strong emphasis on protecting its carbon nanotechnology through a robust patent portfolio.
Smoltek Nanotech Holding AB has received an expert report from Dr. Felix N. Büchi, a leading specialist in PEM technology, validating the groundbreaking Porous Transport Electrode (PTE) technology for PEM electrolyzers. The report highlights that Smoltek's electrodes exhibit top-tier performance while significantly reducing the use of the rare precious metal iridium. This reduction could lead to a more cost-effective production of green hydrogen, a crucial element in the transition to sustainable energy. With iridium prices expected to soar, Smoltek's achievement of reducing iridium usage to 0.2 mg per cm², with a goal of further reducing to 0.1 mg per cm², could revolutionize the electrolyzer industry by drastically cutting costs.
Dr. Büchi's positive evaluation underscores the importance of Smoltek's technology in driving the cost-effective production of green hydrogen. Smoltek's focus on nanotechnology extends to other industrial sectors, including semiconductors, where the company aims to solve complex material engineering challenges. With over 110 patents, Smoltek is committed to protecting its unique carbon nanotechnology. The company's development in both semiconductor and hydrogen sectors positions it as a key player in advancing innovative solutions for sustainable energy production. For more information, interested parties can visit Smoltek's IR blog for the full article on the Büchi report or reach out to Ellinor Ehrnberg, the President of Smoltek Hydrogen AB.