The startup has developed a hydrogen processing technology that converts hydrocarbon reservoirs into hydrogen production sites while sequestering carbon and pollutants underground. This approach provides a clean and affordable source of hydrogen energy, addressing the need for sustainable energy solutions in the market.
Funding
$400K 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.
Founders
Product
Problem
Traditional hydrogen production methods are often expensive and require the construction of new infrastructure, while also consuming significant amounts of freshwater, creating a barrier to widespread adoption. Existing oil and gas infrastructure is often discarded, and the energy-intensive nature of processes like electrolysis places additional strain on limited freshwater resources.
Solution
ProtonH2 provides a cost-effective and sustainable hydrogen production solution by repurposing end-of-life hydrocarbon reserves and existing infrastructure. Their patented ISHG™ process injects O2 into underground reservoirs to oxidize residual hydrocarbons, generating a syn-gas with high concentrations of H2, while naturally sequestering a portion of the CO2. This approach leverages the pressure and temperature inherent in underground geology, reducing the need for additional resources and optimizing thermodynamics in situ. The resulting Clear Hydrogen™ can be sold into local markets, particularly for power generation, or separated for use in the broader hydrogen economy, with the option to sequester remaining CO2 using conventional methods.
Target Audience
The primary target audience includes energy companies, power generation facilities, and other industries seeking low-cost, low-carbon hydrogen and electricity, as well as those looking to repurpose existing oil and gas assets.
Features
- Patented ISHG™ process utilizing existing oil infrastructure and a controlled O2 injection process
- Clear Hydrogen™ production from previously expensed infrastructure
- In-situ oxidation of residual hydrocarbons to generate syn-gas with high H2 concentrations
- Natural sequestration of 15-20% of generated CO2 during the ISHG™ process
- Option to separate H2 at the surface or sell syn-gas/H2 blend for power generation
- Potential to sequester produced CO2 using conventional methods or sell for other sequestration purposes
- Water-efficient process that can utilize water from enhanced oil recovery (EOR) operations, resulting in net-positive water production
- Advanced reserves modeling and analytics capabilities for precise and reliable data