BayoTech, an innovative on-site hydro gen production company, announced today that it has signed a Memorandum of Understanding (MOU) with Carbon Clean, a leader in low-cost carbon dioxide capture and separation technology, to explore commercial opportunities targeted at hydrogen and carbon capture and utilisation deployment.
BayoTech is an energy solutions company committed to addressing the global need for consistent, cost-effective, low-carbon supply of hydrogen. Hydrogen possesses many attributes that will drive long‐term demand as a fuel source, including its role in global decarbonization efforts. Today, most hydrogen is produced at large, centralized facilities before being delivered to end users. BayoTech, through its on-site hydrogen generators and “Gas-as-a-Service” offering, reduces or eliminates transportation and storage costs, which result in less energy wasted and a lower carbon footprint than traditional hydrogen production technology and electrolyzer-based systems. The company’s modular, scalable, and rapidly deployable hydrogen production systems require lower upfront capital commitments, streamlined siting and installation and, when paired with renewable natural gas (“RNG”) and/or carbon capture, offer the most cost-effective green hydrogen available today.
BayoTech’s hydrogen generation systems produce local hydrogen close to the application. This saves customers money and reduces the carbon intensity associated with the legacy challenges of liquifying and transporting hydrogen. This allows BayoTech to serve a diverse set of end users, including traditional consumers in the industrial gas and chemicals industries, as well as those using hydrogen to power the fast-growing fuel cell segment.
As a first step, BayoTech and Carbon Clean will work together on a demonstration facility to evaluate, design, and operate a carbon capture plant at a BayoTech site expected to be operational by the end of 2022. The two companies have agreed on a roadmap for the technology integration of a carbon capture process on their hydrogen generating units. The demonstration facility will include a BayoTech H2-1000 generating unit and Carbon Clean’s carbon capture technology. This partnership enables process optimisation to decrease the cost for small scale hydrogen and CO2 production.
Small scale H2/CO2 solutions are optimal for biogenic sources such as anaerobic digestion from landfill, organic waste, and biomass plants where carbon negative hydrogen can be produced. Both hydrogen and CO2 play key roles in the energy transition process and in reaching climate neutrality by 2050.
Using dual solutions of H2 generation and CO2 recovery is essential to further develop the growing hydrogen economy. With both companies focused on delivering scalable and modular technology, this partnership will accelerate the adoption of the circular carbon economy, converting resources into valuable low, zero and negative carbon fuel.
The project marks an important step in the progression of producing low to negative carbon hydrogen and meeting net zero targets.
Mo Vargas, CEO of BayoTech commented: “We are thrilled to be working with a world leading company like Carbon Clean to deliver low and negative carbon hydrogen projects. The combination of technologies provides an ideal solution to industrial decarbonisation and clean fuel production that is deployable today.”
Aniruddha Sharma, CEO of Carbon Clean commented: “We are excited about this breakthrough partnership with BayoTech that is going to enable the growth of the green hydrogen economy. We look forward to this relationship growing to realise our shared objective of delivering affordable and modular H2/CO2 solutions to drive the transition to a greener future.”