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BLDP: Its Catalyst Technology

IN FOCUS: BALLARD POWER SYSTEMS AND ITS CATALYST TECHNOLOGY

The alphaDIRECT Insight

We view ongoing cost reduction as one of the keys to the increase in fuel cell adoption at commercial scale. An important underpinning of the product cost curve is the catalyst used in a proton exchange membrane (PEM) fuel cells. This is a key focus for Ballard, as one would expect, and with recent ground-breaking catalyst developments, such as proprietary treatments to increase durability and new designs to integrate advanced platinum-based catalysts and research into non-precious metal catalysts, Ballard is wellpositioned to effectively address this area in our view. By successfully redesigning core alternative platinum components, Ballard has the world’s first non-precious metal catalyst product requiring less than 80% of the platinum used in conventional fuel cells. This fuel cell technology has the potential to significantly decrease the cost of PEM fuel cells when produced at large scale

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