Nel and General Motors Enter Hydrogen Collaboration
16 Novembro 2022 - 5:03AM
Dow Jones News
By Dominic Chopping
Nel ASA said Wednesday that its U.S. hydrogen subsidiary has
agreed with General Motors Co. to help accelerate the
industrialization of Nel's proton exchange membrane electrolyzer
platform.
Under the joint development agreement, the two companies are
looking to set up more cost-competitive sources of renewable
hydrogen by combining Nel's electrolyzer knowledge with the auto
maker's fuel-cell expertise.
A PEM electrolyzer uses electricity and water to produce
hydrogen and oxygen, while a fuel cell reverses the process, using
hydrogen and oxygen to produce electricity and water.
The Norwegian hydrogen company said GM has made major steps and
gained expertise with fuel cells and the two companies see
substantial synergies by transferring this to Nel's PEM
platform.
"Adding Nel as a strategic collaborator is an important step to
help us commercialize fuel cell technology," said Charles Freese,
GM's executive director of its Hydrotec hydrogen fuel-cell
business. "Electrolysis is key to creating consistent, clean
sources of hydrogen to power fuel cells."
Financial details weren't disclosed, but Nel said it will
compensate GM for the development work and intellectual property
transfer. It will also pay a license after successful
commercialization, depending on how much of the end product is
based on GM technology.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 16, 2022 02:48 ET (07:48 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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