TOKYO—Toshiba Corporation (TOKYO: 6502) has developed large-scale production technology for the electrodes that realizes high level efficiency in Power to Gas (P2G) technology, essential know-how for advancing toward a carbon neutral society, while reducing the use of iridium, one of the world’s rarest precious metals, to 1/10*1.
P2G uses electrolysis of water to convert renewable energy into hydrogen, for storage and transportation to where it is needed. Polymer Electrolyte Membrane (PEM) electrolysis is seen as a highly promising conversion method, as it is reacts rapidly to power fluctuations and is highly durable. However, PEM uses iridium, one of the rarest of all traded precious metals, as the catalyst in its electrodes. Practical application requires reduction of the iridium used, a real challenge.
Toshiba developed an iridium oxide nanosheet laminated catalyst that reduced the iridium requirement to 1/10 in 2017. The company has now developed large-scale production technology that deposits the catalyst over a maximum area of 5m2 at one time. This advance is expected to drive forward the early commercialization of P2G for large-scale power conversion, and will contribute to the realization of carbon neutrality. Toshiba is aiming for commercialization in FY2023 or after.
Over 120 countries and regions have set themselves the goal of carbon neutrality by 2050, and decarbonization measures are being considered at the national, regional, and corporate levels. Renewables are essential for achieving the goal and cutting CO2 emissions, but their output fluctuates greatly with climate and weather conditions, and facilities can be located only in suitable regions. To maximize their potential, and ensure a stable and affordable power supply, a method for storing and transporting electricity from renewables is required.
P2G is seen as an essential solution for achieving carbon neutrality by 2050. It uses electrolysis to convert electricity from renewables into hydrogen, ready for storage and transportation. The key technology in the process is the water electrolyzers that convert energy into hydrogen without emitting CO2. PEM water electrolysis, which offers excellent adaptability to power fluctuations and high durability, and Europe and the US have led the way in developing the current process.
PEM uses a membrane electrode assembly (MEA) that integrates the electrolyte membrane and electrode (Fig. 1). Large-scale hydrogen conversion of electricity requires a large number of MEAs, and forecasts anticipate a market scale of approximately $580 million by 2028*2.
However, the MEA electrode relies on a large amount of iridium to ensure sufficient electrolytic efficiency. Iridium is one of the rarest of precious metals. Annual global production is in the region of 7 to 10 tons, far less than the 200 tons of platinum, and it costs four to five times more*3. Forming electrodes requires a uniform coating of fine iridium oxide particles, but reducing the iridium oxide results in uneven application and non-uniform reactions that degrade water electrolysis performance.