Oort Energy receives £5m startup funding for green hydrogen decarbonization
Energy Revolution Ventures (ERV), a company that specializes in electrochemistry, led the oversubscribed $5 million seed financing raise for Oort Energy, a UK-based manufacturer of next-generation hydrogen electrolysers.
These monies supplement the approximately £800,000 in non-dilutive subsidies that various UK and EU government agencies have given to the company. Strategic corporate investor and Asia-based decarbonization fund TRIREC are significant investors in the seed round. The money will go toward expanding the business’s electrolyzer stack manufacturing factory and deploying the first demonstrator that is entirely compliant with all regulations for producing green hydrogen from renewable energy.
Oort Energy, founded by veterans of the electrolyser sector, wants to reduce the price of green hydrogen for a sustainable future. The company’s products generate green electricity from renewable sources and clean hydrogen gas from water.
The seed funding round was closed in two equal payments, the first of which was used to assemble the team and launch the manufacturing facility, and the second of which allowed the business to bring in a strategic investor with experience in the supply chain and large-scale manufacturing.
Ethanol-to-hydrogen technique patented by PCC Hydrogen
An electrolyser system and a catalytic adiabatic reactor are combined with an electrolyzer system to convert ethanol into hydrogen, according to a patent issued today (June 8).
The process used by PCC is covered by US Patent No. 11,649,549 and makes use of the biogenic properties of ethanol as well as a by-product of pure carbon dioxide (CO2) to create what the business refers to as a “negative carbon index hydrogen product.”
According to PCC, the procedure can generate hydrogen that is sufficiently pure to be used in a variety of applications, including fuel cells and hydrogen combustion engines.
JERA modifies Linden power station Unit 6 for hydrogen co-firing
To permit the usage of blended hydrogen and natural gas, JERA has finished making certain modifications to Unit 6 of the 972MW Linden Gas thermal power station.
The changes, which include PSM’s FlameSheet technology, will make it possible to use natural gas and off-gases containing hydrogen simultaneously.
To fuel the Unit 6 gas turbine, Linden will purchase off-gas containing hydrogen from Phillips 66’s Bayway Refinery and combine it with natural gas refined at the nearby oil refinery.
According to JERA, the efficient use of hydrogen-containing off-gas and gas from the nearby refinery will lower CO2 emissions at Unit 6 as well as the oil refinery.