Lummus Technology and Advanced Ionics Partner to Accelerate Green Hydrogen Production
Key Ideas
- Lummus Technology partners with Advanced Ionics to advance green hydrogen production with a focus on cost-efficiency and sustainability in the energy industry.
- The partnership involves an investment from Lummus Venture Capital to commercialize Advanced Ionics' hydrogen electrolyzer technology for decarbonization efforts in refining, gas processing, and petrochemical industries.
- Advanced Ionics' Symbion™ Electrolyzers offer a more energy-efficient solution for green hydrogen production, consuming up to 40% less electricity compared to other technologies, and enabling quick deployment and reduced capital costs.
- By leveraging waste heat and low-cost clean electricity, the partnership aims to drive the adoption of green hydrogen to decarbonize heavy industries and support a more sustainable future.
Lummus Technology, a global provider of process technologies and energy solutions, has announced a partnership with Advanced Ionics to advance the production of cost-effective and sustainable green hydrogen technology. The collaboration includes an investment from Lummus Venture Capital to accelerate the commercialization of Advanced Ionics' hydrogen electrolyzer technology in industries like refining, gas processing, and petrochemicals.
Leon de Bruyn, President and CEO of Lummus Technology, expressed confidence in the partnership's ability to develop innovative and cost-efficient solutions for green hydrogen production, contributing to the decarbonization of key sectors in the downstream energy industry. Advanced Ionics' CEO, Chad Mason, highlighted the advantages of their Symbion™ Electrolyzers, which consume significantly less electricity per kilogram of hydrogen produced compared to alkaline and PEM technologies.
The focus of the partnership is on addressing capital costs and electricity requirements, crucial barriers to expanding green hydrogen production. By harnessing waste heat and low-cost clean electricity, Advanced Ionics aims to drive the commercialization of technology tailored for decarbonizing heavy industry. The modular design of Symbion™ Electrolyzers allows for rapid deployment, ease of operation, and maintenance, while the use of widely available components helps in reducing capital costs.
Lummus Technology's expertise as a global licensor of hydrogen technology for various industrial applications, combined with Advanced Ionics' innovative approach, positions the partnership to drive the adoption of green hydrogen and support a more sustainable, low-carbon future in the energy sector.