Published by Todd Bush on March 29, 2023
BERLIN--(BUSINESS WIRE)--Out of more than 500 global solutions, Graforce was recognized at the Petronas Race2Decarbonise with its methane electrolysis technology (plasmalysis) in the category “Gas Flaring Reduction or Elimination.” The competition is aimed at accelerating the development of low-carbon solutions and reducing greenhouse gas emissions.
flare gas
>> In Other News: Gutter Capital Raises $25M to Build Companies of Consequence
Gas flaring results in more than 400 million tons of CO2 emissions every year. Thousands of gas flares at production sites around the globe burn approximately 150 billion cubic meters of natural gas each year, thus wasting a valuable resource. Plasmalysis, on the other hand, converts methane and other hydrocarbons previously vented or flared into clean hydrogen and solid carbon, thus generating climate-neutral energy.
Using hydrogen, a clean, sustainable energy source, can reduce greenhouse gas emissions and thereby mitigate climate change. Graforce is the world’s first company to offer a market-ready technology to decarbonize flare gas production and dramatically reduce emissions. Since the proprietary process doesn’t produce any CO2, this technology is also the first alternative to carbon capture and storage.
“Europe accounts for only 2 percent of global routine gas flaring, but the European Union is considering regulation to end routine flaring and venting,” said Dr. Jens Hanke, CTO of Graforce. “Being recognized in this prestigious competition is proof that flare gas plasmalysis is an excellent solution in line with methane emission regulation. Moreover, the EU can achieve its decarbonization targets if flare/landfill gas, LNG, LPG or natural gas are no longer burned, but converted into hydrogen and solid carbon powered with green electricity in our hydrogen plants.”
In the modular plasmalysis plants, a high-frequency plasma field generated by renewable electricity splits hydrocarbons, such as methane, into their molecular components: hydrogen and solid carbon. Compared to water electrolysis, plasmalysis requires only one-fifth the electrical energy to produce the same amount of hydrogen.
Graforce is a German hydrogen technology company. Their power-to-X plants produce carbon dioxide free or carbon dioxide negative hydrogen and synthetic feedstocks – with highest efficiency and lower infrastructure costs in the multi-megawatt range. Thus, Graforce decarbonizes fossil energies, industries and the heat, transport and building sectors. Graforce is currently in the process of expanding its financial and strategic partnerships to quickly scale its hydrogen technology worldwide.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌊 Frontier Drops $31M on Ocean Antacids in Massive Carbon Bet 🏭 PCA Launches Carbon Capture and Storage Study Following ‘Promising’ Trial ✈️ Airbus and Air France Complete Inaugu...
Inside This Issue 🛢️ Northern Lights CCS Project Begins Operations with First CO2 Injection 🔋 Advent Technologies Receives Order from Global Energy Giant for Ion Pair HT- PEM Electrode Assemblies ...
Inside This Issue 🌎 Chevron Doubles Down on Carbon Capture with Massive Bayou Bend Hub 🌱 Manitoba Startup Pitches $5 Million Biochar Processing Plant to Ritchot Municipality 🏭 MATHESON to Build Ne...
New Marine Carbon Dioxide Removal Coalition Launches
The Marine Carbon Dioxide Removal Coalition (mCDR Coalition) launched on 22 August bringing together global leaders across companies, nonprofits and academic institutions to support the responsible...
Two New Swagelok® Components Deliver Safety and Efficiency to Hydrogen Refueling Stations
Ramp regulator and FK series check valve engineered specifically to address hydrogen-related challenges in a growing market SOLON, Ohio, Aug. 28, 2025 /PRNewswire/ -- To further enable the use of ...
Scientific Advisory Board brings decades of experience and a wealth of scientific prowess and geologic hydrogen heritage to advance the production of clean hydrogen August 28, 2025 07:00 ET | Sour...
HOUSTON -- Transition Industries LLC, a developer of world-scale, net-zero carbon emissions methanol and hydrogen facilities, has awarded Siemens Energy and Techint Engineering & Construction a...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.