Stephanie Moroz, Hydrexia Pty Ltd, Brisbane, Australia
Xin Fu Tan, Hydrexia Pty Ltd, Brisbane, Australia
Andrew Duguid, Hydrexia Pty Ltd, Brisbane, Australia
Hydrogen has many industrial applications today where it is used for its chemical properties, and it may see considerable future growth as an energy carrier for materials handling equipment, fuel cell vehicles, and renewable energy storage. One limitation to the growth of these markets is the ability to store hydrogen safely in high concentrations. Hydrexia has developed systems that store large quantities of hydrogen safely in solid form at ambient pressure, based on proprietary magnesium alloys that absorb hydrogen. Having successfully built and tested commercial scale prototypes, Hydrexia is now moving to develop and commercialize these systems. This technology can be used to store and transport hydrogen at lower cost and in higher volume than compressed gas delivery (the predominant mode for storing and transporting hydrogen today), in addition to offering significant safety benefits.
Introduction:
There is currently a substantial market for hydrogen in a variety of industrial applications. It is a raw material to produce chemicals such as ammonia and hydrogen peroxide, it is used as a reducing agent in various processes such as steel refining and float glass production, and it is even used in food processing such as the hydrogenation of vegetable oils. A particularly large consumer of hydrogen is the petroleum sector as demand for low sulfur fuels increases. This market for hydrogen is increasing as these industries grow, particularly in high growth economies.
In addition, there an emerging market for hydrogen to be used as an energy carrier. Fleets of fuel cell vehicles such as forklifts and buses have been in operation for years, and now Europe, Japan and Korea are building the refueling infrastructure to service passenger car vehicles. Most
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