Context
Grid-scale alkaline and PEM electrolyser economics are gated by catalyst cost. The incumbent catalyst material is platinum — listed as a critical raw material under the EU CRMA, geographically concentrated, and with benchmark pricing volatile on geopolitical news. Ruthenium dioxide (RuO₂) on a nickel substrate has been theoretically attractive for years; the question was whether it could deliver platinum-equivalent Faradaic efficiency under sustained operation.
Research collaboration
The Indian Institute of Science Bangalore agreed to benchmark the GTX RuO₂-coated NiMesh against the standard platinum-coated substrate under hydrogen-evolution reaction (HER) conditions at 200 mA/cm² in alkaline electrolyte.
Results
The GTX RuO₂-NiMesh delivered 94.3% Faradaic efficiency across a sustained 1,000-hour durability window. The performance profile sat within the envelope normally associated with platinum-coated substrates in the same cell geometry. An ongoing 3,000-hour extension run is currently underway and is tracking within the same efficiency window.
Commercial translation
For a 100 MW electrolyser deployment, the catalyst-cost saving exceeds USD 2 million per stack at 2026 platinum benchmark pricing, before accounting for the supply-security benefit of substituting one critical metal for a more abundant one. Across the European 100 GW hydrogen build-out timeline, that translates into a multi-billion-dollar line-item difference.
Next-stage work
GTX is now working with early alkaline and PEM stack-integrator customers to integrate the RuO₂-NiMesh substrate into production stack geometries. Qualification sample despatch is inside five working days from specification lock.
| Faradaic efficiency | 94.3% at 200 mA/cm² |
|---|---|
| Durability validated | 1,000 hours |
| Durability in-progress | 3,000 hours (ongoing) |
| Electrolyte | Alkaline KOH |
| Substrate | NP1 NiMesh · 100-200 mesh · 0.025 mm wire |
| Coating | Ruthenium dioxide (RuO₂) |
| Validator | IISc Bangalore |
Citations
- IISc Bangalore · Electrolyser-substrate Faradaic efficiency dossier.
- European Commission · Critical Raw Materials Act (2023/1757).
- European Commission · EU Hydrogen Strategy · 100 GW electrolyser deployment trajectory.
- ISO 22734 · Hydrogen generators using water electrolysis — Industrial applications.