The Product
- Generates hydrogen from methanol and water.
- Hydrogen powers fuelcells that produce electricity: EXAMPLE – 30kW fuel cell can produce electrical power @$.06 per kWh
- Methane is easily sourced through local fuel jobbers.
How It Works
- Methanol is mixed with demineralized water.
- The mixture is super-heated to create a catalytic process with the super-heated gasses.
- The gas mixture is sent to a Pressure Swing Absorption (PSA) unit for purification.
- The purified hydrogen can then be used to power on-site hydrogen fuel cells.
How It Works
- H² fuel cells can be sized from 30 kW to 1 MW plus, depending on customer needs.
- Methanol is a readily available as a low-cost fuel source.
- Methanol provides high-density hydrogen per molecule efficiency and delivers high-quality hydrogen fuel onsite.
Application Examples
Powering Appropriately Sized H² Fuel Cells
- Electrical vehicles.
- Residential and commercial buildings.
- Data centers.
- Remote locations.
- Emergency power backup.
Methanol Cracker Benefits
- Low investment and operating costs.
- Hydrogen powers fuel cells and produces carbon ZERO EMISSIONS; water vapor is the only discharge.
- Decentralized production; hydrogen is produced onsite.
- Hydrogen provides kWh production at a fraction of standard rates.
- High efficiency , low maintenance.
Tax Credits
Section 45V of the Internal Revenue Code (IRC)
- The Clean Hydrogen Production Credit
- System construction must begin before January 1, 2033
- Up to $3.00 per kg of hydrogen produced.
- The credit is available for 10 years after the facility is placed in service.
- Customer may choose an alternative ITC of up to 30% ONE TIME.
- These are Section 45V highlights; professional, third-party tax guidance is recommended and available through MTD.
What We Need to Get Started
- 12-18 months of utility bills: gas/propane and electricity.
- Facility floor plan/space available.
