Published by Todd Bush on November 4, 2024
Partnership will advance production of cost-effective and sustainable green hydrogen technology
HOUSTON, November 1, 2024 – Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a new partnership with Advanced Ionics, a low-cost green hydrogen technology provider.
>> In Other News: Linde Selected by NEXTCHEM to Supply New Carbon Capture Technology to ADNOC’S Hail and Ghasha Project
This partnership includes an investment from Lummus Venture Capital to accelerate the commercialization of Advanced Ionics’ hydrogen electrolyzer technology and support the decarbonization efforts in the refining, gas processing, and petrochemical industries. Lummus will also provide engineering services and supply proprietary equipment to create additional green hydrogen capacity for new builds and existing hydrogen users or producers.
“Lummus has a proven track record of serving as a launchpad for innovative technologies,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “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.”
“Water vapor electrolyzers address two of the biggest challenges to expanding green hydrogen production: capital costs and electricity requirements,” said 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.”
By harnessing waste heat and low-cost clean electricity, Advanced Ionics’ Symbion™ Electrolyzers use up to 40 percent less electricity per kilogram of hydrogen produced than alkaline and PEM technologies. The system's modular design allows for rapid deployment, ease of operation and maintenance, and the use of widely available components helps reduce capital costs.
Lummus is a global licensor of hydrogen technology for refinery, petrochemical, and other industrial gas applications. Lummus’ portfolio includes designs and technology for blue hydrogen and synthesis gas plants using steam methane reforming and auto-thermal reforming technology with natural gas, liquefied petroleum gas, and naphtha feedstocks.
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low-carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing, and supply lifecycle services, catalysts, proprietary equipment, and digitalization to customers worldwide. To learn more about Lummus, visit www.LummusTechnology.com.
Advanced Ionics has created a green hydrogen platform that allows industrial hydrogen producers and users to achieve sustainability without sacrificing profit. The company’s Symbion™ Electrolyzer Technology works with process and waste heat to produce green hydrogen for less than a dollar per kilogram. Advanced Ionics is proudly headquartered in Milwaukee, Wisconsin. For more information, please visit https://advanced-ionics.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔋 Baker Hughes and Woodside Energy Join Forces to Power a Low-Carbon Future 🏭 8 Rivers and Wood Sign Pre-FEED Agreement for Wyoming Carbon Capture Project ⚡ CERAWEEK: Gas Compani...
Inside This Issue 🏗️ Heidelberg Materials North America Announces Funding Commitment from Government of Canada in Support of its Groundbreaking Edmonton CCUS Project ⚙️ dynaCERT Prepares Completio...
Inside This Issue 📈 Spiritus Unleashes a ‘Golden Era’ of Carbon Removal to Power America’s Explosive Growth — $30M Series A to Scale Direct Air Capture 🏛️ South Dakota Bans Use of Eminent Domain f...
Can Toxic Mining Waste Help Remove CO2 from the Atmosphere?
On the coast of Newfoundland, waste from a shuttered asbestos mine has been a troubling source of contamination for decades. Now, a company plans to process the waste to draw CO2 from the air — one...
Metacon Announces AiP for Ammonia Cracking Tech Use in Maritime Propulsion
Pherousa's licenced technology enables electrical propulsion via PEM fuel cells and FGSS. Metacon Secures Approvals in Principle for Ammonia Cracking Technology Metacon, through its stake in Pher...
House Passes Legislation That Would Allow NM to Permit Carbon Sequestration Wells
Proponents say carbon capture is needed to meet climate change goals As New Mexico Works to Reach Its Emission Reduction Goals, Lawmakers Debate Carbon Capture Authority The state House of Repres...
NEW YORK, March 13, 2025 /PRNewswire/ -- A new Competitive Ranking by global intelligence firm ABI Research finds that Siemens AG is the leading provider of software for green hydrogen production,...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.