Johnson Matthey, Plug Power partners for high-performance electrolyser tech
Johnson Matthey has announced that it has signed a Memorandum of Understanding (MoU) with Plug Power. Under the MoU, the companies will develop a roadmap to accelerate the joint development of high-performance electrolyser technology with improved durability, increased performance, and greater energy efficiency than systems available today.
The collaboration will focus on the development, validation, and incorporation of JM's advanced materials in Plug Power's leading electrolyser systems. The companies will also investigate the development of a closed-loop recycling system for the critical platinum group metals (PGM) used as catalysts in these systems.
Johnson Matthey and Plug Power believe strongly in building the hydrogen economy and have a wealth of experience across a broad spectrum of the hydrogen economy value chain. Johnson Matthey has a proven track record and deep expertise in developing innovative high-performance coating materials, CCM technology, and as the world's largest secondary refiner of PGM is perfectly placed to drive the creation of closed-loop recycling systems within the green hydrogen supply chain.
"We're excited to take our relationship with Plug Power, a leader in electrolyser systems, to the next level, working together to drive the development of world-leading technologies with significantly improved performance and an integrated plan for recycling key materials," commented Eugene McKenna, Managing Director, Green Hydrogen, Johnson Matthey. "Our CCMs draw on innovations in catalyst, membrane, and additive development built over many years and which are the foundation of our Green Hydrogen business today. Equally important is to enable a sustainable energy transition, which is why we will continue to drive the creation of closed-loop recycling systems within the supply chain, to recover and reuse as much critical PGM material as possible. Plug Power has an innovative electrolyser technology and their knowledge and market position make them an ideal partner."
"The new generation of proton exchange membrane (PEM) electrolysers will require solutions that can meet the increasing demands on efficiency and performance. We are excited to collaborate with JM on driving the integration of leading electrolyser component technology that will bring another vital element to reach a fully sustainable green hydrogen economy," said Rick Mason, VP Operations, Plug Power.