Investment cheer for Scotland’s hydrogen power advocates
There’s been some positive news today for Scotland’s hydrogen energy sector with confirmation of a multi-million pound fundraising for technology developed in Glasgow.
Clyde Hydrogen Systems, a spin-out from the University of Glasgow, has launched a €6 million (£5m) seed funding round following a “critical” technical breakthrough. The company says the milestone of hydrogen production at more than 100 bar underscores its capability to deliver cost-effective solutions for the global transition to net zero.
Chief executive James Peck, who joined the company in October, said the fresh funding will be used to develop a fully-integrated pilot system by the end of next year. A commercial demonstrator is targeted for release by 2027.
This technical milestone validates years of dedicated research and development,”
Mr Peck added,
It demonstrates our ability to scale lab-based innovations into commercially viable technology. With this funding round, we aim to propel Clyde Hydrogen towards delivering a production-ready system and playing a key role in the UK’s renewable energy future.
The funding round builds on pre-seed investments from Zinc and the University of Glasgow, along with grants from the Scottish Government’s Hydrogen Innovation Scheme and the Net Zero Technology Centre.
Developed at the university’s School of Chemistry, Clyde Hydrogen’s decoupled electrolysis process involves an electrochemical reductor that creates a reduced mediator solution and a catalytic hydrogen generator that produces high-pressure hydrogen gas.
Decoupled electrolysis is a new approach to renewable hydrogen production developed by Professor Mark Symes and others at the university. Unlike incumbent electrolysis technologies, decoupled electrolysis gives the user the unprecedented ability to split water into hydrogen and oxygen at separate rates and in completely separate reactors.
This is designed to convert low-quality, intermittent renewable power into clean hydrogen. The company says it also offers improved efficiency and safety over conventional systems.
Mr Peck was previously chief customer officer at ZeroAvia, a hydrogen-electric aircraft developer, which is headquartered in California but has its largest operation at Kemble in the UK.
READ the latest news shaping the hydrogen market at Hydrogen Central
Investment cheer for Scotland’s hydrogen power advocates, source
