Friday, November 15, 2024

Transitus Energy and Proteum Energy Are to Collaborate on Producing Hydrogen

Proteum Energy and Transitus Energy have entered into 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 collaboration brings together Transitus’ vision to decarbonize 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.

“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 utilizing our proprietary SnMR technology”

“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 decarbonizing energy markets with practical, economic and reliable low carbon intensity hydrogen solutions,” said Laurence B. Tree II, president and CEO of Proteum.

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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. Combining its novel SnMR™ technology with conventional process modules enables Proteum to scale up hydrogen production from 15 metric tonnes per day to 150 tonnes or more, depending upon site requirements.

Utilizing existing gas reserves and infrastructure, the UK and Europe have every opportunity to build a low-carbon energy supply and be on the forefront of decarbonization.

“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 utilizing our proprietary SnMR technology,” added Proteum’s Mr. Tree.

SOURCE: Businesswire

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