Suiso Raises £1M to Develop Clean Hydrogen Generation Technology

October 14, 2024

Suiso Raises £1M to Develop Clean Hydrogen Generation Technology
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Suiso, a UK hydrogen technology company, has raised £1 million from Mercia EIS Fund and the Northern Powerhouse Investment Fund to develop its technology and processes for clean hydrogen generation. The company is working on electrochemical and process engineering approaches to producing hydrogen from renewable electricity or other low-carbon energy sources — targeting the cost, efficiency, and reliability improvements needed to make green hydrogen a commercially viable fuel and industrial feedstock.

Hydrogen has long been identified as a critical component of the net-zero energy transition. As a chemical feedstock, it is essential for producing ammonia for fertilisers and for a range of industrial chemical processes. As an energy carrier, it can store renewable electricity in a form that can be transported and released on demand, bridging the temporal and geographic mismatch between renewable energy supply and industrial energy demand. And as a fuel for heavy transport — shipping, aviation, and long-haul trucking where battery electrification faces constraints — hydrogen fuel cells represent a technically viable low-carbon alternative to fossil fuels.

The challenge is cost and scale. Almost all hydrogen produced today is derived from fossil fuels — primarily steam methane reforming of natural gas — a process that is energy-intensive and produces significant CO2 emissions. Green hydrogen, produced by electrolysing water using renewable electricity, is clean but currently expensive: the cost of electrolysis equipment and the electricity required to power it mean that green hydrogen cannot yet compete economically with fossil-fuel-derived hydrogen for most applications. Reducing the cost of electrolysis — through improved electrolyser efficiency, more durable and cheaper electrode materials, and better system engineering — is the primary technical challenge facing the green hydrogen industry.

Suiso is developing approaches that address specific aspects of this challenge, with the backing of Mercia EIS Fund — which focuses on deep tech and clean energy — and the Northern Powerhouse Investment Fund, which supports technology companies in the North of England. The funding will support the development of the company's hydrogen generation technology, proof-of-concept demonstrations, and the engineering work needed to advance towards commercial pilot deployment.

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