We back technologies which aim to reduce the cost of hydrogen produced from renewable energy and provide hydrogen energy storage at a fraction of the cost of lithium-ion batteries.
Our most advanced system in development is a unique, highly efficient wind turbine, combined with a high-performance electrolyser, which aims to generate green hydrogen for under $2/kg.
Hydrogen is critical to combatting climate change. It is a clean-burning fuel and an efficient energy carrier with the potential to replace fossil fuels in hard-to-abate sectors. But the economics of green hydrogen remain challenging. Our business model is focused around reducing the cost of green hydrogen. $2/kg H2 relates to a cost of $0.06-$0.10/kWh.
One commercialisation path is for modular independent hydrogen power systems for off-grid and remote energy supply for use in heavy industry and EV charging. On a larger scale our system could be used to establish offshore wind-to-hydrogen energy hubs.
Hydrogen Future Industries was established to invest in projects within the Hydrogen Economy.
Wind turbine with advanced aerodynamics and rotor blade design
High-performance electrolyser – 97% efficiency
Tim Blake is CEO of HFI Energy Systems Limited (HESL), a wholly owned subsidiary of Hydrogen Future Industries, leading our development activities. Tim has considerable experience in the development of efficient turbine systems, an area in which he has specialised for over a decade and written multiple patents. Prior to working on the development of turbine systems, Tim spent numerous years, and built a niche and highly regarded network, in the motorsport and transportation industries, working alongside companies including Lexus/Toyota, General Motors, and Airbus.
Neil Ritson is an energy sector professional with a career spanning over 40 years, including 20 years in various technical and managerial positions with British Petroleum. Neil was formerly International Vice President at Burlington Resources, which was acquired by ConocoPhillips, and Executive Chairman at Solo Oil plc (now Scirocco Energy plc).
Daniel Maling is a member of the Chartered Accountants of Australia & New Zealand. He has over 20 years of senior corporate and commercial management experience primarily in the natural resource and technology sectors. Daniel has worked with several AIM, ASX and TSX listed companies providing corporate finance, business development and strategic advice.
Fungai Ndoro is an experienced corporate financier who specialises in working with growth companies within the London market. She has worked in the City for over a decade and has spent most of her career at Peterhouse Capital, advising and executing a broad spectrum of corporate transactions for public companies, including IPOs, acquisitions and disposals, fundraisings, and structural reorganisations.
Ryan Neates is a member of the Chartered Accountants of Australia & New Zealand. He has over eight years of experience in both private practice and the commercial sector. Whilst in private practice he specialised in business advisory and the business valuation process.
According to the Hydrogen Council, the international hydrogen market could be worth up to $2.5 trillion by 2050, meeting 18% of global energy demand.
Hydrogen Future Industries was established to invest in projects and companies focused on the Hydrogen Economy. Through our subsidiary HFI Energy Services, we are developing a proprietary wind-based hydrogen production system, incorporating hydrogen compression and storage. Through this technology, we aim to significantly reduce the cost of hydrogen production from renewable sources and provide on-demand energy storage in the form of hydrogen at a fraction of the cost of lithium-ion battery storage. Click here for more information about Hydrogen Future Industries.
We are also invested in Tower Green Holdings Limited, a developer of hydrogen production and distribution facilities which is establishing multipurpose hydrogen hubs in the southwest of England to provide energy storage and hydrogen as a fuel.