Hydrogen is a precious commodity. A breakthrough as an energy carrier of the future can only succeed with effective hydrogen management. Volatile production needs corresponding control of consumption to avoid bottlenecks. Using the example of a car, we show you how you can help determine the price of refuelling with your driving style:

Pricing - Factor 1

In another area, you can already determine the price of a product by the way you drive. In a telematics tariff of your car insurance, your driving style determines the amount of the premium. Extending this application to the current consumption of your vehicle offers the possibility of effectively managing hydrogen consumption. Until now, all drivers have paid the same price per unit at the filling station. In the future, your driving style will determine the price per unit and thus the amount of your fuel bill. Economical driving will then be rewarded with a lower price per unit.

Pricing - Factor 2

Hydrogen production will be very volatile. Volatile production needs corresponding "external" control of consumption. This is where the second factor of pricing comes into play.

In real time, the end devices (fuel cells) report their current consumption and the producers (electrolysers) their current hydrogen production to HYEX. According to current production (supply) and current consumption (demand), HYEX determines a fair price, which is in turn transmitted to the end devices. In a time window, you can now decide whether you want to refuel at this price or whether you would rather wait for a new price proposal. On windy and sunny days, the price of hydrogen will fall; on days with little wind and sunshine, the price will rise. A rising price will encourage some consumers to postpone refuelling, so that demand falls again. In this way, the price regulates a shortage or oversupply of hydrogen to a reasonable level.