ProtonH2 looks to pair hydrogen-from-oil well tech with GenH2’s cryogenic systems
Canadian start-up ProtonH2, which wants to pull low-carbon hydrogen out of old oil wells, has partnered with US liquefaction player GenH2 to scale local production and delivery of liquid hydrogen.
The two have signed a memorandum of understanding (MoU) via GenH2’s parent company, Philomaxcap, to explore combining ProtonH2’s hydrogen extraction tech with GenH2’s cryogenic liquefaction and storage systems.
ProtonH2 claims it can produce low-carbon hydrogen for less than $1/kg through its process, which injects oxygen into depleted oil wells to generate high-concentration hydrogen syngas.
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