POSCO Fuel Cell Business Introduction

POSCO ENERGY Product Line-up

Product

Development Stage

Commercialized

Products

Marine Application, SOFC 10kW, MW’s

10’sMW (in 2014)

300kW 2.5MW

SOFC 10kW

R&D Stage

■ FCE █ 포스코에너지

EBOP

MBOP

STACK

Cell

Complete system import

from FCE, US

ㆍPeriod: 2004~2009

MBOP

EBOP

STACK

Cell

Localization of BOP

· Period: 2009 ~ 2011 STACK

MBOP

EBOP

Cell

Localization of STACK

· Period: 2011 ~ 2012 STACK

MBOP

EBOP

Cell

· Period : 2012 ~ 2015

Localization of CELL

Stage 1

Stage 2

Stage 3

Stage 4

0%

50%

75% 100%

■ FCE █ POSCO Energy

Manufacturing Capabilities

Cooperation Technology Assistance Sharpens PE&FCE Competitive Edge

POSCO Fuel Cell Hub

World’s Largest Fuel Cell Manufacturing Plant, and First One in Asia

연료전지발전소

STACK Manufacturing Factory

BOP Manufacturing Factory

Cell Manufacturing Factory

Under Construction

Fuel Cell Power Plant

MCFC Dissemination

Track Records in Korea: 150 MW are commercially under operation (20 places)

Sangam

Gunsan

Yeosu

Pohang

Busan

Incheon

Dangjin

Boryeong

Daegu

Ilsan Bundang

Ulsan

Hwaseong

GGE

Samcheok

- GGE (58.8MW)

- Busan Wastewater Treatment

Center (1.2MW)

- KOGAS (300kW)

Bio Gas

Large Scale

Power Generation

(Grid Support)

Boil Off Gas (BOG)

Nowon

Godeok

Children’s Grand Park

Seo-Incheon Gwangmyung

Project Reference

Gyeonggi Green Energy (58.8MW)

Project Schedule

- Nov. 2012 : Groundbreaking / Dec. 2013 : Project Completion

Expected Effect

- The World’s largest Fuel Cell Power Plant

- Produce Electricity (464 millions kWh / year) & Heat (195 Billions kcal / year)

- Provide electricity to 140,000 households (70% electricity needs of Hwaseong City’s residents)

- reduce 60,000 tons per year of Greenhouse gas (Equivalent to 5million pine trees forestation)

TCS1, Sungseo Industrial Park, Daegu

Commercial Operation Commencement: Jun 2011

Capacity: 11.2MW

Project Reference

World Cup Park, Seoul

Commercial Operation Commencement: Oct 2010

Capacity: 2.4MW

Project Reference

Riverside Wastewater Treatment Center, Busan

※ Run on blended ADG (Anaerobic Digester Gas)

Commercial Operation Commencement: Oct 2010

Capacity: 1.2MW

Project Reference

Creative Economy Initiative Government-Industry Partnership

- Selected as a Flagship Project of Future Growth Engine Section

; Investment 365mil. USD for project development by 2020

(Seoul 20MW, Daegu 60MW, etc.)

Fuel Cell Industry Vitalization Forum

- Politicians, Academics, Subject matter experts

- Justification of Government Subsidy

Recent Project References

PJT: 11.2MW Western Power Co.

Place: Incheon

Completion: Oct. 2014

PJT: 19.6MW Godeok Metro Depot

Place: Seoul

Completion: Oct. 2014

Legislative Marketing

Recent News

PJT: 5MW S-Power

Place: Gawngmyung

Completion: Jan. 2015

Fuel Cell Vehicle

and

Hydrogen

2015.04

Fuel Cell Group

Eco-Technology Center

Hyundai Motor Company

History of FCEVs

General Motors ‘Electrovan’

The first fuel cell car

1966

1993

Energy Partners Consulier

The world’s first PEMFC car FC: 32 kW, 115 kph, 240 km

FC: 15 kW, 95 kph, 95 km

Daimler Chrysler ‘NECAR 3’

First methanol reforming FCEV

1997

FC: 50 kW, 120 kph, 400 km 2000

Hyundai ‘Santa Fe FCEV’

Hyundai's 1st generation FCEV

2006

2007

Honda ‘FCX Clarity’

Lease from 2008 ($600/month for 3 years )

FC: 100 kW, 160 kph, 570 km

General Motors ‘Equinox FCEV’ FC: 93 kW, 160 kph, 320 km

2009

Mercedes-Benz ‘F-Cell’ FC: 90 kW, 170 kph, 385 km 2013

Hyundai ‘Tucson ix Fuel Cell’

Series production

FC: 100kW, 160 kph, 595 km

2015

FC:100kW, 160 kph, 700 km

Toyota FCV-R

FC: 75 kW, 124 kph, 160 km

History of Development

’07 Tucson FCEV II

(100kW)

’06 Tucson FCEV I

(80kW)

’04 Tucson FCEV (80kW)

’09 - ’13 2nd Domestic Fleet (100 SUVs)

’06 - ’10 1st Domestic Fleet (30 SUVs, 4 Buses)

’04 - ’09 US DOE Fleet (32 SUVs)

’02 Santa Fe FCEV (75kW)

’13 Small Series Production

(World 1st)

’98 Beginning of FCEV Development

’14.6 Launching in U.S.A

ix 35 (Tucson ix) FCEV: Specifications

Hydrogen

Container

Fuel Cell System

Motor High Voltage

Battery

EU US

Fuel Cell Power 100kW

Battery 24kW

Max. Power 136ps 134hp

Max. Torque 30.6kgf-m /

1,000rpm 221lb.-ft. / 1,000rpm

Motor System AC Induction / 100 kW

H2 Container 5.64kg

(@700bar)

12.4lb.

(@10,000psi)

Fuel Economy 0.95kgH2/

100km 50MPGe(Combined)

Driving Range 594km

(NEDC Mode)

265miles (Fuel Economy Label)

Acceleration

(0 → 100km) 12.5s

Max. Speed 160kph 100mph

※ NEDC : New European Driving Cycle

Fuel Economy Label : 70% of EPA mode test results

Fuel Cell Bus: Specifications

Fuel Cell Power 200 kW

Super capacitor 100 kW

Max. Power 402hp

Motor System PM Motor / 300 kW

H2 Container

40 kg (@350 bar)

86 lb. (@5,000 psi)

Fuel Economy

4.49 kgH2/100km (@60 kph)

10.75 kgH2/100km(@Local Mode)

Driving Range 440 km

(Local Mode)

Acceleration

(0 → 50km) 8.5 s

Max. Speed 103 kph / 64 mph

▪ Outside temperature: 40~47ºC (104~ 117ºF)

▪ Verified performance of vehicle at 1.6~4.3 km

(5,250~14,100ft) altitude

▪ 1,300km (800miles) at Mojave,

1,600km (1,000miles) at Death valley

Vehicle Performance Test – Hot Weather

▪ Elevation change: 0 m → 1,500 m (4,920ft)

Gradability test at Towne Pass (`14.8) High altitude test in Denver, CO. (`14.8)

High temperature test at Death Valley Long distance test drive: 2,900km (1,800 miles)

▪ Outside temperature reached -41.5ºC (-42.7ºF)

▪ Chamber temperature : -20ºC (-4ºF)

Vehicle Performance Test – Cold Weather

▪ Outside temperature : -19ºC (-2.2ºF)

▪ Outside temperature : -8ºC (17.6ºF)

Cold test in Sweden High attitude test in Bolzano: 2.8km (9000ft)

Cold test in environmental chamber Cold test in Mt. Taebak

Activities for Technology Verification

▪ 4 Tucson Fuel Cells in Oslo and Copenhagen (’11 – ‘12)

▪ Charity event for children cancer patients in US (‘11.10) ▪ 32 Fuel Cell SUVs in California and Michigan (’04 - ’09)

▪ 2,300km (1,400miles) driving without mobile H2 station

(‘12.04)

H2moves Project in Europe Zero Drives : Oslo to Monaco

DOE Demonstration Project Hope on Wheels (HOW)

[Launching Event]

Energy Paradigm

Effects of Fuel Cell Vehicle

Industrialization (~1800)

Coal Oil Gas

Fossil fuels generation

Clean energy

generation

Wood fuel

generation

Ford-T

Volt

Tucson Fuel Cell

Model-S Prius

No pollution Convenience

- The stone age did not end for lack of stone, and the oil age will end long before the world runs out of oil1)

1)Sheikh Zaki Yamani, Oil Minister, Saudi Arabia

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