Slash Peak Period Power Prices
In today's energy complex, power providers pay excessive fees for power during peak periods. While these periods may be short relative to the entire year (two weeks in the mid-summer during a heat-wave), they can be extremely expensive.
By augmenting the existing power production with one of HTI's Hydrogen Boilers, a power provider can flatten their cost curve for purchasing power during peak periods. During off-peak periods such as the middle of the night, or by using renewable sources such as solar, wind, tides, and/or hydro-electric to produce the hydrogen cheaply and locally. Then, "bank" the hydrogen by storing it at or near the power production facility. This reduces the cost of the fuel stock as well as eliminates transportation costs and wasted energy through distribution lines. Then, during peak periods, burn the "banked" hydrogen saving on peak period rates which can exceed $1000/MWh.
Having the additional capacity during peak periods will ultimately deliver better profit margins to companies providing power. In addition, this strategy lowers the cost of private companies generating their own distributed power.
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