Seid received NOK 30 million to develop its hydrogen technology through the EU program Horizon Europe.
The EU wants to cultivate the best possible technology for hydrogen production.
Now the Sandnes company Seid has received NOK 30 million to development its hydrogen technology through the EU programme Horizon Europe.
Seid has 25 employees. The head office is located in Sandnes.
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– Now we want to scale up, says Terje Hauan, director of strategy and business development at Seid.
Hauan said the company existed since 1997:
We have, among other things, delivered air purification plants to Felleskjøpet and Skretting in Hillevåg.
Lyse and Hatteland
For a period, the company had German owners. When these withdrew in 2020, it got a reboot and the name Seid.
Rent and employ 66 percent of the company. Last year, they brought in several new investors, including Lyse Vekst, Herfo finans and Hatteland. Thanks for staying up to date with Hydrogen Central.
In 2020, Seid had a turnover of NOK 22 million. The annual result was minus NOK 6 million.
– Last year we increased turnover by 50 percent, and the goal for this year is a turnover of NOK 60 million, says Hauan.
Carbon instead of greenhouse gas
The EU sees hydrogen as an important piece if it is to be able to achieve its goal of cutting greenhouse gas emissions.
Hydrogen can, among other things, be used for fuel where the battery does not work well.
Today, it is most common to make hydrogen from natural gas. The method one uses, gives the greenhouse gas carbon dioxide as a residue.
One must store the greenhouse gas if such hydrogen is to be counted as emission-free. Among other things, the local company Horisont Energi will do this .
Seid will also use natural gas, or biogas. But they want to do it in a way that gives solid carbon as a residual product, instead of carbon dioxide.
Carbon can have new uses. Hauan mentions car tires and measurement.
– The use of carbon is becoming a new industry, because one has never produced such large quantities of it before, he says.
Production in containers
The University of Stavanger and the research center Norce are some of the partners Seid has involved in the project, which is called Coldspark.
Associate Professor Sachin Maruti Chavan at UiS is one of those involved.
– This affordable, efficient and Coâ‚‚-free hydrogen production fits perfectly with UiS’s goal of green conversion, he says.
Chavan believes there will be a major breakthrough in hydrogen production if they succeed in validating Coldspark technology.
Seid sees fit to place the technology in containers that can be set up in the vicinity of gas infrastructure.
Here, an electric field will cause the molecule in the bio- or natural gas to differ from each other so that it has a hydrogen atom and a carbon atom.
According to Hauan, this will require less energy than it requires to make hydrogen from water through electrolysis, which is another emission-free alternative.
READ the latest news shaping the hydrogen market at Hydrogen Central
Sandnes company gets EU millions for hydrogen investment, February 11, 2021
