Power to Fuel

Michel Archambault Director, Business Development [email protected]

May 8, 2014 Our Company

. Global leader in Electrolysers & Fuel Cells . PEM and Alkaline – PEM Fuel Cells . HQ in Toronto, with offices in Europe, USA, Asia . History dates back to 1948 . Incorporated 1995: NASDAQ (HYGS) and TSX (HYG) . 150 Employees . Involved in > 45 fueling station projects Millions of Tons of Hydrogen per Year Worldwide 2H2O + energy → 2H2 + O2 2H2 + O2 → 2H2O + energy

HySTAT™ Electrolyser

7 HySTAT™ Electrolyser

8 HySTAT™ Electrolyser for Generator cooling (KSA) OnSite Hydrogen – Industrial – Upgrading Oils (Australia) Glass Plant Romania: 2 x HySTAT-60 + Backup

HySTAT™ OnSite Hydrogen for Glass Plant (Romania) HySTAT™ OnSite Hydrogen in a Steel Plant (India) 12

Hydrogen Bus

Toronto Canada Honolulu Hawaii

Hydrogenics to build a 100 kgpd, 700 bar turnkey station in Ontario, CA with partner Stratos Fuel

The FCEV (fuel cell electric vehicle) has:

. The FCEV (Fuel Cell Electric Vehicle) has : . Long Range (300 miles) . Short Refueling Time (<5 mins)

The FC can be used in multiple other modes of transportation, including trailers, forklifts, buses, etc.

….But FCEV are coming and OEMs form more Partnerships (FCEV = Fuel Cell Electric Vehicles)

20 What about the Emissions?

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Hydrogen from wind/solar - p i p e l i n e Power-to-Gas for

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Challenges of integrating a high penetration of renewables: today 20% of total power consumed is RE and over 30% of wind output is curtailed

Source: Presentation by Dr. Alexander Vogel, Head of Alternative Energy Systems, E.ON Ruhrgas at Gas to Power Conference, Cologne, – Nov12

Yet …… no storage

http://www.eia.gov/forecasts/ieo/electricity.cfm, http://www.investorideas.com/Research/PDFs/Top_10_Global_Oil_and_Chemicals.pdf Power-to-Gas converts clean generation when it is not needed into renewable fuel, power or heat where and when it is needed

Integrate Renewables Renewable Gas Options

H2

Clean Fuel

Wind Power Dispatchable Power H2 Surplus Power H2/NG Blend

ELECTROLYSER Natural Gas Grid

H2 Low Carbon Heating

Industrial H2 29 Power-to-Gas converts clean generation when it is not needed into renewable fuel, power or heat where and when it is needed

Integrate Renewables Renewable Gas Options

POWER TO FUEL H2

Clean Fuel

Wind Power Dispatchable Power H2 Surplus Power H2/NG Blend

ELECTROLYSER Natural Gas Grid

H2 Low Carbon Heating Solar Power

Industrial H2 30 The real time dynamic response that makes Power-to-Gas ideally suited for providing ISO balancing services

Hydrogenics’ Demonstration of Electrolyser in IESO Distributed Loads for Regulation Study

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100 System (kw)System Power 50 Power Measured Power SET Faster response

0

15:10:05 15:24:29 15:38:53 15:53:17 16:07:41 16:22:05 16:36:29 14:55:41 than AGC Signal

Note: Ontario IESO signal test completed June 2011

31 E.ON inaugurated first Power-to-Gas plant to inject H2 into the natural gas grid in 2013

2MW Power-to-Gas Demonstration Plant in Falkenhagen, Germany Hydrogenics has been selected for 7 of 18 German Power-to-Gas pilot projects

Wind Electrolysis Wind electrolysis and Marketing

H₂ Feed

Electricity and H₂ Feed Later

Methanization and Feed; later direct H₂ Injection Hydrogen Fueling Station and Power with Biogas (enriched)

H₂ Feed / Industry Application

Use as Fuel

Wind Electrolysis

H₂ Feed Methanization

Methanization and Feed Methanization

Wind Power Electrolysis / Feed Methanization

H₂ Feed – Wind Power Cooperative

Hydrogen Fueling Station 33 The high energy density of hydrogen well suited to energy storage

Hydrogen storage far exceeds the capacity of competing storage technology

Source: KBB underground 8000

This much could be fed into an underground hydrogen reservoir 6000 (2 M m3salt cavern): (MW) 600,000 MWh

4000

2000 Pumped Hydro Storage Potential Source: GM presentation, Freese, May 13, ‘09

0 Oct 1CAES PotentialOct 3 for Oct 5 Oct 7 Oct 9 Oct 11 Oct 13 2 Mm3 Salt Cavern 34 34 A Power-to-Gas H2 fueling station would absorb surplus power and provide ancillary services for the CAISO—multiple revenue streams

Centralized SMR Plant Supply Chain

Steam Hydrogen Compression Natural Gas H2 Fueling Transport & Storage Reforming

Distributed Power-to-Gas Supply Chain

Surplus Compression Renewable On-Site Electrolysis H2 Fueling & Storage Power

CAISO Ancillary Services

35 The requirement for 33% renewable hydrogen in California Energy Commission’s recently released PON mirrors the state’s Renewable Portfolio Standard and is aligned with the Power-to-Gas business model

• According to CPUC Q2 2013 quarterly report, average prices in renewable contracts are steadily declining

• As RPS capacity increases, the cost of meeting CEC 33% renewable hydrogen using a Power-to-Gas platform will also decrease

Source: CAISO October 2011 report to the Board of Governors

36 Our next generation PEM stack has the same capacity as 12 of our pressurized alkaline stacks

1 MW of Industrial Electrolysers

1 MW PEM Electrolyser

=

cm 140 140

50 cm 37 Hydrogenics’ compact MW PEM electrolyser platform will accommodate step-wise capacity increments up to 1500+ kg/day

Future Hydrogenics’ PEM Electrolyser Configuration

38 H2 Fueling Stations using Electrolysis

Compression Electrolyser Dispenser

Tube Trailer filled with Electrolytic H2 Storage, Gas Panel, MCP 39 Shell Fueling Station – West LA – Santa Monica, USA

Shell – 65 kgpd on top of the canopy – 350 bar/5000 psi (RE H2) 40 CAL STATE Fueling Station – California, USA

The 65kgpd facility is the largest university-operated hydrogen plant of its kind in the U.S. 700bar/10,000 psi 41 Hydrogen Fueling Station

• Compact Footprint • Proven Technology • Green Hydrogen • Zero Emission

The 65kgpd facility is the largest university-operated hydrogen plant of its kind in the U.S. 700bar/10,000 psi 42 Hydrogen Fueling Station – Vattenfall ()

350 bar bus fueling station with Linde for Vattenfall 260 kpgd of H2 by 2x HySTAT-60 Electrolysers Total of 780 kgpd by Electrolysis+ delivered GH2 43 Hydrogen Fueling Station – Oslo Norway

CHIC Project - 2 x HySTAT-60 Electrolysers (260 kgpd) With Air Liquide

44 Hydrogen Fueling Station – EnbW (Stuttgart)

EnBW, Stuttgart, Germany - 130 kgpd fueling station for fuel cell cars HySTAT-60 Electrolyser with station integration by Linde/BOC 45 Hydrogen Fueling Station – Bolzano ()

IIT Bolzano, Italy - 400 kgpd fueling station for fuel cell cars 1 x HySTAT-180 Electrolyser with station integration by Linde 46 45+ Fueling Stations Worldwide

Southfield, MI, USA Toronto, ON, CA Dunkirk, FR Halle, BE Amsterdam, NL

Minot, ND, USA Oslo, NO

Richmond, CA, USA Stockholm, SE

Malmø, SE Oakland, CA, USA

Hamburg, DE Chino, CA, USA Coming soon… Hydrogenics Headquarters: Toronto, Canada Hydrogenics Offices Hydrogenics Installed Fuelling and Power Systems Stuttgart, DE Santa Monica, CA, USA Hydrogenics Installed Industrial Systems Coming soon…

Torrance, CA, USA Los Angeles, CA, USA Sao Paulo, BR Barcelona, ES Brugg, CH Istanbul, Turkey Power-to-Gas demonstration plants today will drive commercial scale deployments in the future

Today… Needs… Future…

Among the most proven Tailored for large scale Advanced MW-scale GEN3 and utilized technology energy storage technology plant solutions

2 MW Alkaline 1 MW PEM 40 MW Plant

48 Michel Archambault Director, Bus. Dev. & Sales - OnSite H2 Generation [email protected]

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