FuelCell Energy’s Solid Oxide Electrolyzer Cell (SOEC) produces hydrogen at nearly 90 percent electrical efficiency without excess heat and can reach 100 percent efficiency when using excess heat. Hydrogen produced from electrolysis can be stored long term and transported, allowing energy from wind, solar, and nuclear to be available on demand.
The largest factor in the cost of electrolysis-produced hydrogen is the cost of electricity. Consequently, efficiency is one of the most effective ways to lower cost. We believe FuelCell Energy’s solid oxide platform is among the most efficient available electrolysis technologies. This is expected to translate to a 20 to 30 percent lower cost of hydrogen compared to lower efficiency and low-temperature electrolysis.
Compared to lower efficiency electrolyzers, our electrolyzer can potentially reduce the cost of hydrogen production by up to 30 percent. Calculate your potential increased hydrogen production or electricity use savings by answering four questions.