Ohmium International Inc., a prominent leader in high-efficiency, modular Proton Exchange Membrane (PEM) electrolyzers, has surpassed the 2030 target of the industry for iridium use. Instead of the expected 10 GW per ton, Ohmium has achieved 18 GW per ton iridium utilization.
The company’s technological improvements have helped cut its iridium usage by 50% in its Lotus electrolyzer, Mark 2. This reduction lowers the overall cost of manufacturing green hydrogen, making Ohmium's PEM electrolyzers affordable by lessening the cost of the precious metal, iridium.
Ohmium focuses on further improving its technology, with the goal of reaching 36 GW/ton or less in iridium usage within the next year. This progress makes Ohmium closer to its long-term target of utilizing almost no iridium within the next decade.
The achievement of the company is a major step forward in the development of PEM electrolyzer technology, helping make green hydrogen solutions more widely available and supporting the global shift to a low-carbon economy.
Ohmium designs and makes, as well as installs, modular, scalable Proton Exchange Membrane (PEM) electrolyzers that cater to producing green hydrogen at a competitive cost. Their range of products supports customers in reaching their sustainable energy goals for different industries, transportation, and energy projects.
Executive Statement
According to Dr. Chock Karuppaiah, Ohmium Chief Science and Technology Officer, they have made significant strides in reducing iridium usage in their PEM electrolyzers, exceeding the 2030 industry target of 10 GW per ton. They have achieved a utilization rate of 18 GW per ton. This innovation is crucial, as iridium is one of the most expensive materials in electrolyzer manufacturing.
According to Dr. Markus Tacke, Ohmium Chief Executive Officer, they are proud of the team's hard work and achievements. By reducing iridium usage and leveraging our high system efficiency (48 kWh/kg), Ohmium is lowering the cost of green hydrogen production and enhancing the overall cost-efficiency of their clean hydrogen solutions.
