Low Carbon Hydrogen

From natural gas to low cost, low carbon hydrogen

THE PROBLEM

Ninety-five megatonnes of hydrogen are produced annually, resulting in 1.1 gigatonnes of carbon dioxide emissions. With production continuing to increase, it is essential to achieve both low-cost and low-emission methods.

THE SOLUTION

VulcanX Energy Corp., a spinout from the University of British Columbia, is accelerating the transition to net zero by developing a technology that produces hydrogen and solid carbon from natural gas based on methane pyrolysis with a molten metal recirculation system. If successful, VulcanX holds the potential to produce low carbon hydrogen at the same price as current technologies (<$2 per kg), but with minimal emissions and lower energy consumption (13 kWh/kg H2).

CICE investment will allow VulcanX to scale its IP and commercialization strategy.

PROJECT STATUS
Active
PROJECT CATEGORY
Low Carbon Hydrogen
FUNDING RECIPIENT
VulcanX Energy Corp.
CICE FUNDING AMOUNT
$75,000
  • “CICE is supporting low-cost and clean hydrogen production in BC and Canada. This will allow VulcanX to achieve its growth goals.”
    OMAR HERRERA, CEO OF VULCANX ENERGY CORP. VISIT VULCANX ENERGY CORP.