This company produces cost-effective, clean hydrogen by employing a dual production approach that exploits superior thermodynamics to reduce energy requirements. The process yields valuable co-products alongside the hydrogen, simplifying supply chains for industrial buyers. Peregrine delivers market-competitive clean hydrogen without reliance on government subsidies.
Funding
$7.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BIFounders
Product
Problem
Conventional hydrogen production methods are either energy-intensive, like water electrolysis, or produce significant carbon emissions, such as steam methane reforming and coal gasification. This creates a trade-off between cost and environmental impact, hindering the widespread adoption of clean hydrogen.
Solution
Peregrine employs a dual production process that leverages superior thermodynamic principles and unique feedstock properties to produce cost-effective, low-emission hydrogen. This approach also yields valuable co-products, simplifying supply chains for industrial buyers. By exploiting the chemical properties of its feedstocks, Peregrine significantly reduces the energy required for hydrogen production compared to conventional methods. The process delivers clean hydrogen without relying on government subsidies, making it economically viable under current market conditions.
Target Audience
The primary customers are industrial buyers seeking cost-effective and clean hydrogen, as well as other high-value chemicals, to simplify their supply chains.
Features
- Dual production process for hydrogen and valuable co-products
- Superior thermodynamics for reduced energy consumption
- Feedstock selection optimized for chemical properties
- Cost-effective hydrogen production without subsidies
- Low greenhouse gas emissions compared to steam methane reforming and coal gasification