H2Pro is an
Israeli
Israeli may refer to:
* Something of, from, or related to the State of Israel
* Israelis, citizens or permanent residents of the State of Israel
* Modern Hebrew, a language
* ''Israeli'' (newspaper), published from 2006 to 2008
* Guni Israeli ...
startup company that is developing cheaper
hydrogen fuel produced by
sustainable energy
Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs". Most definitions of sustainable energy include considerations of environmental aspects such as greenh ...
.
Among five finalists, the startup was the only one from Israel to win
Shell's New Energy Challenge competition
The company was co-founded in 2019 by Prof. Gideon Grader, Prof. Avner Rothschild, Dr. Hen Dotan and
Talmon Marco
Talmon Marco is an Israeli-American entrepreneur, best known as the founder of H2Pro, founder and former CEO of Viber, a proprietary cross-platform instant messaging VoIP application for smartphones, and Juno, a ride sharing service.
Career
B ...
(A co-founder of
Viber which was acquired by Rakuten for $900,000,000.).
H2Pro has received backing from
Microsoft co-founder
Bill Gates and from
Hong Kong entrepreneur Li Ka-shing
Sir Ka-shing Li (; born 13 June 1928) is a Hong Kong billionaire business magnate, investor, and philanthropist. As of June 2019, Li is the 31st richest person in the world, with an estimated net wealth of US$33.4 billion. He is the senior ad ...
.
In 2019,
Hyundai Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups:
* Hyundai Group, parts of the former conglomerate which have not been divested
** Hyundai Mobis, Korean car parts company
** Hyundai ...
invested in H2Pro. More recently
ArcelorMittal made a US$5 million investment in H2Pro via it's XCarb™ innovation fund.
Efficiency
The scientific paper detailing the two-step electrolysis process, on which the company's technology is based, reports an average 98.7%
Faradic efficiency–not to be confused with
energy conversion efficiency
Energy conversion efficiency (''η'') is the ratio between the useful output of an energy conversion machine and the input, in energy terms. The input, as well as the useful output may be chemical, electric power, mechanical work, light (radia ...
: the electrical energy consumption is 39.9 kWh per kilogram hydrogen, with an additional heat loss of 1.9 kWh per kg hydrogen, not including heat loss to the environment. Out of approximately 33.3 kWh of usable energy per kg hydrogen,
this gives the two-step electrolysis process a theoretical maximum energy efficiency of approximately 79.6 percent for storing electrical energy in hydrogen. The energy then needs to be converted back to electricity, which
in practice, using fuel cells, results in further energy losses.
References
2019 establishments
Sustainable energy
Sustainability
Hydrogen
he:H2Pro (חברה)
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