Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the energy sector. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, we are taking a look at 5 promising hydrogen fuel technology startups.
Heat Map: 5 Top Hydrogen Fuel Technology Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 645 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 energy startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 640 hydrogen fuel technology solutions, get in touch.
HyPoint – Hydrogen Fuel Cell System
A proton exchange membrane cell generally uses hydrogen and oxygen gas as fuel. The products of the reaction are water, electricity, and heat. Since oxygen is readily available in the atmosphere, companies look to provide and manage the supply of hydrogen. In comparison to conventional power generation technology, such hydrogen-based solutions offer significant improvements and also produce low-levels of, and sometimes zero, harmful by-products.
HyPoint is a US-based startup developing a hydrogen fuel cell system with zero carbon dioxide emissions and more efficient energy performance for the air transportation and urban air mobility sectors. HyPoint’s patented Turbo Air-Cooled Fuel Cell Systems offer a light-weight and simpler design than that of liquid-cooled systems, which allows them to achieve specific power and energy density. This solution also increases operational time and utilization rate while decreasing operating costs for any flying platform.
Enapter – Anion Exchange Membrane (AEM) Electrolyser
Electrolysis is commonly in use for numerous metal manufacturing and water filtration applications. This is also a suitable technique for splitting water into hydrogen and oxygen, enabling the creation of hydrogen energy systems. Such electrolyzers range in size from small, appliance-size equipment to large-scale, central production facilities. Emerging companies develop novel electrolysis technologies to improve the feasibility of generating hydrogen-based fuel and energy.
Enapter is a German startup building a patented, modular hydrogen generator that is ready-to-use across various industrial and mobility applications. Clients have to simply fill EL 2.1, an AEM electrolyzer, and connect the water and electricity, to start producing hydrogen on-site. Additionally, the startup provides an energy management system to predict energy generation, storage, and transmission.
PowerUp Energy Technologies – Hydrogen Fuel Cell Electric Generators
Historically, several technologies have been used, and are still in use, to power electric generators including steam, gas, water, and wind turbines. Many of these systems require bulky and complex infrastructure, aside from being noisy and, in some cases, giving off odors. Advancements in understanding hydrogen as a potential source of generating fuel leads startups to develop efficient systems that do not use intermittent or non-renewable sources of energy.
The US-based startup PowerUp Energy Technologies produces a portable fuel cell-based smart generator, SMARTGEN, to produce power onboard sailboats, yachts, recreational vehicles (RVs), and eventually, for power backup. SMARTGEN combines several technologies into one portable box, including fuel cells, lithium-ion batteries, and supercapacitors. Their fuel cells allow customers to produce electricity directly from hydrogen. Additionally, the company’s batteries and supercapacitors provide an option to store power generated by solar panels and wind turbines.
HyTech Power – Internal Combustion Assistance
Vehicles, and more specifically diesel-guzzling long-haul trucks, potentially benefit the most in terms of cost-savings from using hydrogen-based fuel. In combination with electric vehicles (EVs), hydrogen fuels produce ‘near-zero’ emissions. However, when complemented with the internal combustion engine and other industrial motors, it releases oxides of nitrogen in varying amounts – a challenge startups are already addressing.
HyTech Power is a US-based startup that offers hydrogen energy solutions for internal combustion engine-based vehicles. The startup’s proprietary internal combustion assistance (ICA) technology provides significant fuel savings in diesel engines. This on-demand hydrogen generation and injection retrofit system are designed for multiple off-road and on-road diesel engine applications. Besides, its aerospace-grade engineered systems improve fuel efficiency too.
HYON – Bespoke Hydrogen Solutions
From producing hydrogen to storing and distributing it, there are multiple opportunities for companies to contribute towards the development of hydrogen value chains. Various industries require hydrogen in different forms depending on the purpose of the machinery. Startups and big companies alike increasingly see the benefit of providing a single point of access to various aspects of the hydrogen energy industry.
HYON is a joint venture company formed by three hydrogen energy solutions providers. Nel hydrogen solutions cover the entire value chain including hydrogen production technologies and manufacturing of hydrogen fueling stations. PowerCell Sweden produces fuel cell stacks and systems with improved energy density for stationary and mobile applications. Hexagon Composites is a supplier of composite pressure cylinders and systems for gas applications. With these inputs, HYON offers hydrogen production, fuel cells, storage, and transportation for the automotive, maritime, off-grid energy, and power-to-gas industries.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on renewables, decentralization as well as carbon capture & storage. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore more energy technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Energy Innovation Report to save your time and improve strategic decision-making.