HyZenitH2 / Govind Development
Hydrogen Production / Pricing
HyZenitH2 / Govind Development is the exclusive licensee and provider of Halcyon Energy Solutions Company, Inc.’s (HESCO) low-cost, clean hydrogen and carbon black production technology. This technology produces pipeline quantities of Hydrogen at competitive market rates. Using methane as feedstock, commercial quantities of hydrogen and carbon black are produced. The purity of the hydrogen is estimated to be 99%, and the purity of the carbon black is estimated to be 95 to 99%, depending on the operating temperatures of the solar receiver and reactor with catalyst.
There is no cost burden applied to Carbon Black production
HyZenitH2 will use the production of carbon black as an offset to the production cost of hydrogen. The entirety of carbon black revenue is available to offset natural gas pricing and ensure that HyZenitH2 delivers Hydrogen at a cost per MMBtu not to exceed the price of natural gas per MMBtu. The ratio of Hydrogen to Carbon Black is 1 to 3. The base production of 1,000 Tons per day of Hydrogen, results in the production of 3,000 Tons of Carbon Black per day.
Unlike the most widely used methods of creating hydrogen from methane and ethane, HyZenitH2 / Govind Development’s method requires no carbon dioxide sequestration or any use of water. All measurable emissions are eliminated, thereby creating clean turquoise hydrogen. This allows for a commercially competitive price without any need for government subsidies or tax credits.
HyZenitH2 plans to produce large quantities of hydrogen for use in industry and will utilize the production of carbon black to offset the overall cost of hydrogen production. This allows for making hydrogen competitive with natural gas for feedstock in gas turbines. As the price of natural gas fluctuates, so will the price of hydrogen.
HyZenitH2 / Govind Development will commit to providing Hydrogen at a cost equivalent to Natural Gas with a guarantee not to exceed the price of natural gas per MMBtu for a period of ten years. At the ten-year mark, a price evaluation will be completed, after which an additional ten-year contract will be offered.