Hydrogen Powder:

Redefining Last-Mile Hydrogen

Electriq Global Limited, April 2023

Reducing CO2 Emissions through Hydrogen
is Critical to Reach Net Zero Emissions
Hydrogen is key to reaching net zero emissions
because it can abate 80 gigatons of CO2 by 20501
Source: Hydrogen for Net Zero, McKinsey and Hydrogen Council, Nov. 2021
While Hydrogen backbone infrastructure will be
based on pipelines and large capacity point to point
solutions, last-mile distribution remains unsolved
Hydrogen Last Mile Delivery - illustration
Last Mile
Delivery
Source: Assessment of Hydrogen Delivery Options , EC Joint Research Centre, Oct. 2022
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Electriq highlights
Electriq is the solution of choice for safe and easy to handle hydrogen last mile distribution, based on
green Electriq Powder and its innovative release system

800 6,000 2026 13 $25M 7

Proven Industrial grade 500 Rich IP portfolio: Funding since ~30 FTE’s (of
technology. proprietary Tonnes/Annum 8 patent families, seed round which 7 are
Genset systems Catalyst Powder Plant growing to 13 by (2018) - Ph.D.’s)
tested over 800 production line operational as of mid 2023 >USD25M World class R&D
cycles with up to 6,000 2026 team, coupled
accurate and units/month with an
consistent results experienced
executive team

3
Electriq’s Solution
Electric’s core competence & IP

Electriq Powder

Powder transport & storage

Powder production Release System

and recycling

Spent fuel for recycling

4
Key Advantages for Hydrogen Last Mile Distribution
• Transported like everyday products. Distribute Energy Storage density in kWh per litre

hydrogen like coffee - in ambient conditions without 3.48

special infrastructure such as piping, refrigeration, 2.36
1.33
grid-power, leakage, and more. ) r)
0.57
r)
2c er
5 ba wd ba
-2
• Zero-emission Power On-Demand. Electriq’s zero- (H
2 70
0
q
po 25
0
(H
2 tri (H
2
emission power can be used as and when needed ui fie
d
se
d El
e c
se
d
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with a simple release system. Liq pr
e
pr
e
m m
Co Co
• Superior energy density. Surpassing compressed or
liquified hydrogen, Electriq’s hydrogen storage Alternative Last Mile Energy Sources Pricing (Per Kwh)

solution provides 99.999% fuel-cell compliant • Require Safety 9

hydrogen purity. Measures • Including
8
7
• Very Low carbon tax
• Lossless storage for years. Electriq’s lossless energy density • CO2 emissions
6
5
hydrogen packs are designed to last for years in 4
3
complete safety. 2
1
0
Battery Electriq powder Compressed Diesel
Hydrogen

5
Hydrogen Last Mile Alternatives
LOHC Ammonia Liquified H2 Compressed H2 Electriq Powder

Ease of storage and

     transportation

High utilization –
     no loss upon usage

     Ease of H2 release

Fuel cell
     compatible

     Zero emissions

Minimal Storage
     Space
Requirement

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 How does it work?
Electriq’s Solution Essentials
Fuel Preparation Fuel Realization H2 Conversion to
Compressed Electriq Water Tank Electricity
Powder Pellets


e-
Po
wd

HO
e

2
r

Pellets Loading Unit

Fuel H2

Reactor + Catalyst Pack

Blender
(Powder+H2O)
3rd party Fuel Cell
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Business model Pillars

Electriq Powder Capital Equipment -

• Consumable-based business Hydrogen Release Systems
model • Powder to electricity
• High growth potential, consistent • Powder to hydrogen
demand • Service (recurring )

8
Release Systems and Consumables Construction
sites

Small marine
Data centers
vessels

Backup Genset Target markets

Annual Electriq Powder Consumption

per System Type
Critical
Defense
Genset Backup infrastructure

5t 0.35t 5kW System

28t 2.1t 30kW system
Non road
mobile
machinery
93t 7t 100kWsystem

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 Powder Production Plant – Port of Amsterdam
First plant in in cooperation with Zenith Energy Terminals
• Electriq Powder Production plant delivering Green Hydrogen
based on Renewable Electricity
• IP Protected Innovative Production Process
• MOU signed for the construction of a first Electriq Powder
production plant at Zenith Energy’s facility in Amsterdam.
• Annual production capacity: 500 Tonnes
• 4,000 Sq.Meter Facility Area

New
Electriq
Powder
Production
facility

Source: https://cyprusshippingnews.com/2023/03/03/worlds-first-hydrogen-powder-plant-in-the-port-of-amsterdam/

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 Electriq’s Proprietary Powder Production Process

Spent
fuel

Innovative Process advantages:

• 50% reduction in energy consumption
• >50% reduction in materials consumption
Electriq Powder due to waste recycling into raw materials
• Significant reduction in carbon footprint
Wast

y r
Recove
e

Electriq Powder Production Process

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Electriq Powder [KBH4] Carbon Index (CI)
DIESEL Brown KBH4* Green KBH4

2.68 kgCO /lit 2.59 kgCO /lit 0 - 0.48 kgCO /lit**

CO2 footprint 2
2 2
(Density 0.7 kg/lit) (Density 0.7 kg/lit)

Theoretical energy density 10 kWh/lit 3.48 kWh/lit 3.48 kWh/lit

3 kWh/lit 1.74 kWh/lit 1.74 kWh/lit
Practical energy density
(30% diesel engine efficiency) (50% Fuel Cell efficiency) (50% Fuel Cell efficiency)

0.89 kgCO /kWh 1.49 kgCO2/kWh 0 - 0.28 kgCO2/kWh**

Practical Carbon index 2
(413 grCO /MJ) (0 - 77 grCO /MJ)
(247 grCO /MJ) 2 2
2

* - KBH4 currently available on the market

** - CO2 footprint arises from the makeup of commodity chemicals used in KBH 4 production process.
Green processes for production of commodity chemicals will reduce the KBH 4 Carbon Index to a nearly zero value

• Green KBH4 has CI which depends on CI of commodity chemicals used in its production process and is:
• 3 times lower than diesel fuel while all commodity chemicals are produced using non-green processes
• Approaching zero while all commodity chemicals are produced using green processes
• Annual generation of 10 GWh using green KBH 4 will save more than 6,100 ton CO2/year compared to diesel in a worst case scenario
Supply Chain in the Dutch Market is established
Warehouse Transport Local
Storage depot

Powder Plant in the

Joshua Genset on site
Port Of Amsterdam

MOU signed for the
construction of a pilot
Electriq Powder
production plant at
Zenith Energy’s facility
in Amsterdam
Commenced Phase II of H2A – The
Hydrogen Storage Terminal at the
Port of Amsterdam
Public launch of the
Joshua
8 Kw/ 80 kWh Crane system
at Dutch RKB Sep 2022
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Company Roadmap

FY’2023 FY’2024 FY’2025 FY’2030

Pipeline Backlog creation Revenues Scale Volume
development generation
• Industrial Engineering of • Commencement of • Start commercial • Systems install base
two new sizes of gensets commercial Bookings of shipments of Gensets >1,000 systems.
(<100kw). the Gensets systems. systems. • Powder Plant Overall
• Engineering Tender for • Tender of EPC for the first • Powder Plant capacity 100,000 T/Year.
the Powder Plant, Powder Plant (of 500TPA construction at the Port of
capacity of 500 Electriq Electriq Powder). Amsterdam.
Powder Tonnes/ Annum]
(Amsterdam Port).

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Management

Baruch Halpert Boaz Nitzan, PhD Shai Belzer Eyal Amit

Executive Chairmen and CEO VP of R&D CFO VP of Marketing

Danny Weber Edu Meytal Ilana Glotman

VP Business Development VP Commercial & Sales VP Human Resources

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 Thank you

Contact us
Danny Weber, VP Business Development
Email: danny.weber@electriq.com
Phone: +972-54-2312643