The startup develops green hydrogen and power-to-gas projects that produce renewable synthetic methane from green hydrogen and captured carbon dioxide. This technology enables the decarbonization of the heavy transportation sector by establishing a clean P2X gas production and distribution network in Finland, reducing reliance on fossil fuels.
Funding
$27.6M 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
The heavy transportation sector relies heavily on fossil fuels, contributing significantly to carbon dioxide emissions. Decarbonizing this sector requires transitioning to renewable fuels, but the infrastructure for producing and distributing these fuels is lacking. Traditional methods of producing synthetic methane are often not sustainable or cost-effective.
Solution
Ren-Gas develops green hydrogen and power-to-gas projects to produce renewable synthetic methane (e-methane) from green hydrogen and captured carbon dioxide. The company constructs a distributed network of P2X (power-to-X) facilities that integrate renewable energy sources, carbon capture technologies, and hydrogen production to create sustainable transportation fuels. These facilities utilize sector coupling by integrating with local energy systems, such as district heating networks, to improve overall efficiency and reduce waste. By establishing a clean P2X gas production and distribution network, Ren-Gas enables the decarbonization of the heavy transportation sector and reduces reliance on fossil fuels.
Target Audience
The primary target audience includes heavy transportation companies, maritime transportation, and energy sector stakeholders seeking to reduce their carbon footprint and transition to sustainable fuel sources.
Features
- Development of P2X gas production facilities utilizing green hydrogen and captured CO2
- Production of renewable synthetic methane (e-methane) for heavy transportation
- Integration of wind power capacity to power P2X facilities
- Implementation of carbon capture technology, including Saipem's Bluenzyme™ solution
- Waste heat recovery for CO2-free district heating
- Electrolyzer capacity for flexible electricity consumption and grid stabilization
- Project development incorporating long-term power purchase agreements (H2PPA) for renewable electricity
- Collaboration with energy companies for CO2 and waste heat utilization (e.g. Tampereen Energia, Keravan Energia)