Baker Hughes is continuing its investment into hydrogen by acquiring a 20% stake in Ekona, a move that aims to produce cleaner and lower cost turquoise hydrogen.
The investment will advance the development of a novel methane pyrolysis technology platform to create a more effective process for producing turquoise hydrogen – a process that use combustion and high-speed gas dynamics in a reactor to separate feedstock methane into hydrogen and solid carbon.
The result is a production process that drastically reduces carbon dioxide emissions.
The two companies will jointly accelerate the scaling up of this technology by identifying suitable pilot projects as well as leveraging Baker Hughes’ turbomachinery portfolio and technical expertise.
This could see the technology deployed across a range of different projects to exhibit the potential in revolutionising the hydrogen market.
Rod Christie, Executive Vice-President of Turbomachinery & Process Solutions at Baker Hughes, said, “This strategic investment further demonstrates our commitment to advancing new energy frontiers by accelerating the pace at which novel technologies are being brought to market.
“Ekona Power’s methane pyrolysis platform for the production of cleaner and lower cost turquoise hydrogen builds on our growing and diverse portfolio of decarbonisation technologies, including blue and green hydrogen, CCUS and emissions management solutions.
“Through the adoption of this technology, the industry can leverage existing and abundant natural gas reserves to produce lower carbon hydrogen and accelerate its use across the energy value chain.”
Chris Reid, CEO of Ekona Power, said, “At Ekona, we are deeply committed to delivering cleaner energy solutions that cost-effectively address industry pain points.
“Our innovative technology has the potential to produce hydrogen at costs on par with conventional steam methane reformers, while drastically reducing greenhouse gas emissions.
“In addition, our solution isn’t reliant on CO2 sequestration, so it has the potential to be quickly and broadly deployed across various industries and market regions.
“This important investment from Baker Hughes who is an established global player is a key step to commercialising our technology.”
Take 5: An interview with… Rod Christie, Executive Vice-President, Turbomachinery & Process Solutions, Baker Hughes
Thanks for taking time out with H2 View. If you don’t mind us asking, what are we interrupting in your schedule today?
We just wrapped a series of dynamic dialogues on the energy transition with global leaders from across the industry as part of our Annual Meeting conference, covering a range of topics, including deploying AI for the digital transformation of energy, solutions to decarbonise LNG and the industrial sector, accelerating the adoption of hydrogen and CCUS and much more.
Tell us about Baker Hughes’ involvement in the hydrogen sector new and old (merchant refinery hydrogen and now with hydrogen and CCUS)?
We have turbomachinery technology that can serve the entire hydrogen value chain – from production to transportation and utilisation.
We’ve continuously invested in hydrogen technology throughout the years and acquired extensive experience in downstream applications that involve hydrogen, as much as 100% hydrogen. In fact, our experience in the treatment of hydrogen began in 1962 with our first hydrogen compressor – today we have over 2,000 hydrogen compressors installed and running around the world – while in 2008 we built the first turbine in the world (10 MW power) to run on 100% hydrogen for Enel’s Fusina Hydrogen Power Project in Italy.
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