Proteum Energy and Transitus Energy have signed a Letter of Intent (LOI) to explore joint development opportunities in the UK, Netherlands, Republic of Ireland, and Norway to produce low-carbon hydrogen.
The parties intend on producing hydrogen from North Sea natural gas resources.
Transitus said the companies were bonded by Transitus’ vision to decarbonise energy production in the North Sea region and Proteum’s proprietary steam non-methane reforming technology (SnMR™) coupled with CCS to provide low-cost low-carbon clean hydrogen to the UK and European markets.
“Proteum Energy is excited to join with Transitus to accelerate the UK’s and Europe’s transition to a clean energy economy by reforming natural gas resources from North Sea production into reliable, economical, clean hydrogen. Both companies share a common vision of decarbonising energy markets with practical, economic, and reliable low-carbon intensity hydrogen solutions,” said Laurence B. Tree II, President and CEO of Proteum.
Proteum has developed and operates proprietary modular technology that reforms non-methane hydrocarbons and oxygenated hydrocarbons into low-cost, low-carbon intensity hydrogen with CCS.
It said that combining its novel SnMR™ technology with conventional process modules enables the company to scale up hydrogen production from 15 metric tonnes per day to 150 tonnes or more, depending upon site requirements.
Tree said: “We see the UK as a leading market for the implementation of hydrogen transition technologies and infrastructure. Our partnership with Transitus enables us to support that effort by producing low-carbon blue hydrogen from the UK’s available gas reserves and infrastructure utilising our proprietary SnMR technology.”
Bjørn Inge Tønnessen, Executive Chair of Transitus., stated: “Blue hydrogen will accelerate the transition towards decarbonisation of the energy sector. It enables the utilisation of natural gas as a clean fuel. It is a ‘fast-track’ to decarbonising while ensuring reliable and affordable access to energy during these demanding times.”
Jack Peck, CEO of Transitus, said: “Working with Proteum Energy and their cutting-edge SnMR hydrogen technology will enable Transitus to convert wet natural gas into clean, robust, and affordable hydrogen.”
He added: ”Blue hydrogen is the first step, a quick step on the pathway to the decarbonisation of industrial and domestic heating, industrial processes, and transportation, especially for heavy and long-distance transport. It is a step that can be taken today. Blue hydrogen protects North Sea jobs and helps assure the UK’s and Europe’s clean, affordable energy security.”
Click here to read more about North Sea hydrogen projects.
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