The United States Department of Energy has selected SRI International
to develop a low-cost hydrogen technology in a contract valued at $2.2 million. The four year project is for the development
of a modular industrial system based on steam electrolysis. The goal of the project is to generate hydrogen that would produce
delivered fuel at a cost of to $2 to $3 per gallon gasoline equivalent. Current costs to produce delivered hydrogen
are estimated by SRI to be $4 per gallon gasoline equivalent.
Iouri Balachov, SRI senior research engineer noted that SRI has
proven expertise in the field, "SRI has a scientifically proven approach, expertise in industrial implementation, and a clear
understanding of the technical issues related to prototype development,". "A modular, efficient hydrogen generation system
will address some of the technological and economic constraints that are impeding advancement of a hydrogen-based economy."