dream team
Houston tech company's new partnership to drive affordable green hydrogen solutions for heavy industry
A Houston energy technology company has announced a new partnership with a green hydrogen technology provider.
Lummus Technology has teamed up with Milwaukee, Wisconsin-based Advanced Ionics to accelerate the commercialization of its hydrogen electrolyzer technology. Lummus Venture Capital has also invested an undisclosed amount into the company's business.
“Lummus has a proven track record of serving as a launchpad for innovative technologies,” says Leon de Bruyn, president and CEO of Lummus Technology, in a news release. “With Advanced Ionics, we will leverage this experience to develop and deploy cost-efficient solutions that advance green hydrogen production and help decarbonize key sectors of the downstream energy industry.”
The platform that Advanced Ionics has created works with process and waste heat to produce green hydrogen for less than a dollar per kilogram, according to the company. The platform's users include industrial hydrogen producers looking to optimize sustainability at an affordable cost.
“Water vapor electrolyzers address two of the biggest challenges to expanding green hydrogen production: capital costs and electricity requirements,” adds Chad Mason, CEO of Advanced Ionics. “Our partnership with Lummus Technology – and their additional investment – marks a pivotal next step in accelerating the commercialization of technology, which was purpose-built for decarbonizing heavy industry.”
Lummus, a global licensor of hydrogen technology for refinery, petrochemical and other industrial gas applications, has also supported other energy transition verticals recently, including sustainable plastics alternatives and carbon capture.