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Investor Presentation

Accomplishments and Progress . • Determined system boundary scenarios related to electricity supply (Grid/Solar/Wind) Determined system boundary scenarios related to hydrogen production scale (pilot, distributed, and centralized production) Determined system boundary scenarios related to end-use (hydrogen pipeline, hydrogen blending with natural gas pipeline, transportation via tube trailer, storage via tanks) Determined potential custody transfer points for electricity and hydrogen For Task 1, the following work was initiated: Preliminary design for a generalized scenario • Power plant to substation • Substation to end use (Flatirons) For Task 2, the following work was initiated: • Identified key sensor measurements (electrolyzer and H2 testbed) NREL 8
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