ZeroAvia introduces AI software cutting hydrogen production costs by over 20

The SHAIPS software demonstrated a reduction in the levelized cost of hydrogen production by more than 20% compared to traditional electrolyzers. Miftakhov noted that their software uses "pretty robust predictive algorithms for pricing, renewable energy production, and behavior of your battery and electrolyzer assets."

ZeroAvia's approach allows excess renewable energy to be stored as hydrogen gas or sold back to the grid. During periods with insufficient sunshine or wind, electricity can be drawn from the grid to continue producing hydrogen.

Following successful tests in California, ZeroAvia plans to demonstrate the system in Seattle at its newly opened Propulsion Center of Excellence. The company aims to develop a process for supplying hydrogen fuel to operators of converted regional airliners.

SHAIPS also offers benefits such as setting limits on carbon intensity for operations, enabling producers to access government subsidies. Federal and state-level tax incentives have already contributed to reducing hydrogen production costs in the U.S.

The U.S. Department of Energy has set a goal to lower hydrogen production costs to $1 per kilogram by 2030. Last year it invested $47 billion in clean hydrogen projects. Additionally, the Inflation Reduction Act provides tax credits up to $3 per kilogram based on greenhouse gas emissions during production.