Ann: Sparc Completes Testing at CSIRO with Hydrogen Production, page-17

Interesting article from Twitter(X) suggesting that increased fuel and energy prices are rendering traditional electrolysis methods much more expensive and therefore higher thatn the magical, holy grail level of $2

https://www.hydrogeninsight.com/electrolysers/cost-of-electrolysers-for-green-hydrogen-production-is-rising-instead-of-falling-bnef/2-1-1607220

As their costs rise by 50%, our technology, although still in infancy, is theoretically almost unaffected by the use of our "on sun" energy source

Recent findings from @BloombergNEF highlight a concerning trend with current #GreenHydrogen production: costs for green hydrogen production by electrolysers have surged by over 50% in major markets.

Read the article here: hydrogeninsight.com/electrolysers/…

Cost of electricity has been highlighted among key reasons for the high cost.

As an emerging next generation green hydrogen technology, Sparc Hydrogen offers a potential solution through our photocatalytic water splitting technology (PWS).

PWS is an alternative to producing green hydrogen via electrolysis, using only sunlight, water and a photocatalyst without the need to connect to the grid.

Given lower infrastructure requirements and energy use, the process has significant potential to deliver a cost and flexibility advantage over electrolysis.

#hydrogeneconomy #photocatalysis #greenenergy $SPN.ax $SPN #Sparc #SparcHydrogen