engineering management project: technology strategy for future hydrogen production
DESCRIPTION
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.TRANSCRIPT
THE FUTURE HYDROGEN PRODUCTION
ENGINEERING MANAGEMENT 221
Final Presentation
Noel Zulkifli
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
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
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
Key Challenges
Technology Strategy
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
Strategy Improvement
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