VNG Innovation and Wintershall Dea invest in UK’s HiiROC


VNG Innovation and Wintershall Dea Technology Ventures have acquired shares in the British startup HiiROC.

The company, based in Hull, England, is creating transformational technology for low-cost, zero-emission hydrogen generation from natural gas or bio-natural gas for power generation, industry, and transport including aviation.

“We are delighted to be involved in another innovative start-up, HiiROC. HiiROC has developed a methane pyrolysis process that is much more efficient and effective than conventional processes. The technology can be a real game changer for the production costs of hydrogen.”

Dr. Matthias Tischner and Andreas Päts, managing directors of VNG Innovation.

The hydrogen obtained can be used as a clean, CO2-free energy carrier, while the carbon (black carbon) deposited in solid form in the production process can be used as a raw material in industry, for example for the production of tires, plastic, rubber or similar products. In contrast to other pyrolysis technologies, the process can also be used on a smaller scale and can therefore also be used decentrally, e.g. directly in the house.

“With this investment, we would primarily like to gain experience in the consumption-oriented production and marketing of climate-friendly hydrogen and learn how to deal with solid carbon or carbon dioxide.”

Arnes Biogradlija
Creative Content Director at EnergyNews.Biz

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