smart tech

Honeywell plans to launch world's first of hydrogen-ready gas meter

Honeywell’s European launch follows a Dutch test of the smart gas meter, which the company touts as the world’s first commercially available hydrogen-ready gas meter. Photo via honeywell.com

A Houston-based unit of industrial conglomerate Honeywell has unveiled a gas meter capable of measuring both hydrogen and natural gas.

Honeywell’s European launch follows a Dutch test of the EI5 smart gas meter, which the company touts as the world’s first commercially available hydrogen-ready gas meter.

“Honeywell’s hydrogen-capable meters are key to facilitating a seamless transition to hydrogen energy across European utility networks,” Kinnera Angadi, chief technology officer of smart energy and thermal solutions at Honeywell, says in a November 28 news release. “We’re enhancing operational efficiency with meters that are ready for the future, helping our customers stay ahead in a market that’s swiftly transitioning toward greener energy solutions.”

Among other products, Honeywell’s Houston-based Process Solutions unit supplies connected utility and metering technology like the new EI5 gas meter. In the Netherlands, Honeywell’s meters will be installed at residences by Dutch energy company Enexis Group.

A 2022 report from the Hydrogen Council indicates that hydrogen costs are expected to fall by 2030, making it competitive with other low-carbon option. This insight helped lead Enexis Group to commit to converting its main gas lines to hydrogen within the next three years.

“The transition to clean energy is as necessary as it is complex,” says Ruud Busscher, program manager for energy transit and Hydrogen at Enexis. “This project aims to challenge the way we operate by using an alternative to natural gas. We are finding out how the existing grid will be influenced by hydrogen and what new paths can be taken for a sustainable future.”

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A View From HETI

Quaise Energy is developing Project Obsidian, a superhot geothermal plant in central Oregon. Rendering via quaise.com.

Houston-based Quaise Energy is looking to raise $200 million to support the development of a 50-megawatt superhot geothermal plant in Oregon.

The company is seeking $100 million in Series B funding, plus an additional $100 million from grants, debt and project-level finance, a representative from the company tells Energy Capital. Axios first reported the news late last month.

Quaise specializes in terawatt-scale geothermal power. It is known for its millimeter-wave drilling technology, which was developed at MIT.

The company's Project Obsidian development in central Oregon will combine conventional drilling with its millimeter-wave technology. Quaise says the project, targeted to come online in 2030, could be the first commercial plant to operate in superhot rock, a more efficient and abundant resource, but one that requires more advanced and durable drilling technology.

Quaise says Obsidian would initially generate 50 megawatts of "always-on" power and would be designed to add 200 megawatts as additional wells are developed. A power-purchase deal has already been signed for the initial 50 megawatts with an undisclosed customer.

A representative from the company says Quaise would also use the funding to continue advancing its millimeter-wave technology and prepare it for commercialization.

Last year, the company drilled to a depth of about 330 feet using its millimeter-wave technology at its field site in Central Texas.

“Our progress this year has exceeded all expectations,” Carlos Araque, CEO and president of Quaise Energy, said at the time. “We’re drilling faster and deeper at this point than anyone believed possible, proving that millimeter-wave technology is the only tool capable of reaching the superhot rock needed for next-generation geothermal power. We are opening up a path to a new energy frontier.”

Canary Media reports that Quaise plans to drill to nearly 3,300 feet later this year and to deploy its millimeter-wave technology at its power plant in 2027.

Quaise raised $21 million in a Series A1 financing round in 2024 and a $52 million Series A in 2022. Major investors include Prelude Ventures, Safar Partners, Mitsubishi Corporation, Nabors Industries, TechEnergy and others.

Quaise was one of eight Houston-area companies to appear on Time magazine and Statista’s list of America’s Top GreenTech Companies of 2025.

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