engineering management project: technology strategy for future hydrogen production

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THE FUTURE HYDROGEN PRODUCTION ENGINEERING MANAGEMENT 221 Final Presentation Noel Zulkifli

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This presentation was given for a Final Presentation for an Engineering Management class. The presentation aims at defining innovation success factors and laying out technological strategy to market or promote a new way of hydrogen production.

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Page 1: Engineering Management Project: Technology Strategy for Future Hydrogen Production

THE FUTURE HYDROGEN PRODUCTION

ENGINEERING MANAGEMENT 221

Final Presentation

Noel Zulkifli

Page 2: Engineering Management Project: Technology Strategy for Future Hydrogen Production
Page 3: Engineering Management Project: Technology Strategy for Future Hydrogen Production

What is the future H₂ production?

100% cleanUse only renewable energy input as power source, no toxic byproduct

Resourceful and simpleOnly need water, power and cheap and abundant catalyst as input Operable at room conditionDo not need caustic solution

Fuel/Energy SourceAims towards Hydrogen Economy

Page 4: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Vast energy marketU.S: 1,042,934 million dollars and growing

Growing demand for clean energy sourceConcerns on global warming, fossil fuel dependence & depletion

Global Hydrogen Economy programShift from gasoline to hydrogen fuelSupport from government policy

Business Opportunities/Markets

Page 5: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Disc. K

nowl.

Proce

ss K

nowl.

Cust. K

nowl.

Tech

. Fro

ntie

r

Comm

itmen

t

Perf/C

ost A

dvtg

Compa

tibilit

y

Tria

labi

lity

Servic

e-In

tens

ity

Perfo

rman

ce

Compl

exity

Novel

ty

Mat

urity

Extens

ibilit

y

Scala

bility

Mod

ular

ity

Depc o

n Cm

plts

Propr

ieta

ry P

osn

Speed

Bread

th

Scale

Scope

Operl

Ldrs

hp

Desig

n Dom

inan

ce

Acces

s to

Cmpl

ts

Ind.

Sta

ndar

ds

Pos E

xtern

ality

Neg E

xtern

ality

Comm

ons P

robl

em

Info

Def

icien

cy

Dev fr

Soc

ial Id

eal

Cost/e

nerg

y

User2

User3

-10

-5

0

5

10

15

20

25

Importance-Weighted Advantage

Success Factors

Page 6: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Key Challenges

Page 7: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Technology Strategy

Page 8: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Technology Strategy

Project 1 2 3

NPV 13.5 million 4.75 million 0.02 million

S 34.3 million 17.6 million 6.3 million

X 12.8 million 9.9 million 4.6 million

t 2 3 3.5

NPVq 1.58 1.34 1.01

σ√t 0.2 0.25 0.60

Call value 14.6 million 5.9 million 3.9 million

Page 9: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Strategy Improvement

Page 10: Engineering Management Project: Technology Strategy for Future Hydrogen Production

Conclusion Future H2 production as a solution to Hydrogen

EconomyClean, simple, resourceful

Boundless business opportunityVast market size, demand for clean energy

Strengthen Air Products position as the leader in industrial gas production