HySaaS (Hydrogen Storage as a Service)

Lead Participant: HIVE HYDROGEN LIMITED

Abstract

Project HySaaS will help address the need for lower cost S&D solutions with a feasibility study on deploying a Storage as a Service (SaaS) business model within the developing UK hydrogen market. This study will cover three key areas:

Customer Cost -- S&D solutions are capital intensive, particularly for small-to-medium sized hydrogen projects. The SaaS model will evaluate offering rented hydrogen storage on a full-systems basis. This will cover individual cylinders, fixed and transportable storage to minimise the Total Cost of Ownership of S&D within complete hydrogen value chains.

Safety -- Monitoring of pressure vessels is currently at a bundle level -- where numerous cylinders have been manifolded together into a single unit. However, the service conditions seen by individual cylinders can vary widely , which is not always understood or recorded. Therefore, HySaaS will demonstrate cylinder-level monitoring of cylinders in operational conditions to track a cylinder's operational profile in a digital passport. This enables risk identification, monitoring, and prevention and benefits the consortium's existing and future customers.

Business model innovation -- HySaaS will study the implications of deploying the SaaS model for hydrogen S&D assets.

Lead Participant

Project Cost

Grant Offer

HIVE HYDROGEN LIMITED £159,639 £ 111,748
 

Participant

CHESTERFIELD SPECIAL CYLINDERS LIMITED £318,197 £ 190,918
FIBRE TECHNOLOGY LTD
ELEMENT 2 LIMITED £80,112 £ 56,078
UNIVERSITY OF SHEFFIELD £226,136 £ 226,136

Publications

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