Producing hydrogen from 'sour gas' waste
streams for Emissions Reduction Alberta,
Alberta Innovates
PASADENA, Calif., July 1, 2024
/PRNewswire/ -- Thiozen, the first company ever to produce clean
hydrogen from "sour gas" waste streams, today announced it has
received a total of $3.2M in funding
for a clean hydrogen project in Alberta,
Canada. Administered by Emissions Reduction Alberta
(ERA) and Alberta Innovates, the funding is part of an
overall $57 million commitment by the
Government of Alberta to support
28 projects that advance the hydrogen economy, reduce emissions,
and create jobs in Alberta.
Projects cover the spectrum of hydrogen production, storage,
transmission, distribution, and usage. The Thiozen project will
produce zero-emission hydrogen, which will be used to decarbonize
onsite operations as a way of addressing one of the energy
industry's leading challenges: finding economically viable ways to
decarbonize remote industrial locations.
"The Government of Alberta
recognizes that sour gas processing is a major cost associated with
energy supply, and appreciates both the economic and environmental
value of removing the hydrogen sulfide and producing a new energy
stream in hydrogen," said Ryan
Gillis, co-founder and President at Thiozen. "We're honored
to be selected to participate in this project and to help
Alberta leverage an entirely new
method of producing hydrogen."
Thiozen will use ERA funding to install its proprietary
technology at a gas processing site in Alberta. The Thiozen platform will facilitate
the "de-souring" – or removal – of hydrogen sulfide from the sour
natural gas streams while simultaneously generating zero-emission
hydrogen.
"Hydrogen has the potential to transform global energy markets
and to create trillions of dollars of economic activity," said
Nate Glubish, Minister of Technology
and Innovation with ERA. "Alberta's government is committed to investing
in new technologies to develop a hydrogen market and to ensure that
Alberta is the Hydrogen capital of
Canada. These investments will
help to grow and diversify our economy and secure our future as a
global energy powerhouse for generations to come."
If successful, the eight projects funded through
ERA's Accelerating Hydrogen Challenge are expected
to deliver annual greenhouse gas (GHG) reductions of 13 thousand
tonnes, cumulative reductions of 81 thousand tonnes by 2030, and
493 thousand tonnes by 2050.
"Thiozen's selection by the Government of Alberta reflects the urgency of finding
efficient decarbonization strategies for some of Canada's most important industries," said
Gillis. "This is truly a transformational moment for Canada's hydrogen economy and for the energy
industry as a whole."
About Thiozen's Breakthrough Hydrogen Production
Technology
Thiozen's patented chemical cycle produces
hydrogen from hydrogen sulfide – the "sour gas" waste stream –
thereby replacing traditional hydrogen production. This process
will dramatically reduce global greenhouse gas emissions. In
addition, the technology will improve air quality and respiratory
health in communities near current hydrogen infrastructure while
providing cost-sensitive firms a path to both procuring additional
hydrogen and lowering the carbon intensity of their products.
About Thiozen
Thiozen is an MIT spinout and the first-ever company to
commercialize a process that can produce hydrogen from sour gas
waste streams. By developing a low-cost, low-emission method of
producing hydrogen, Thiozen helps meet the energy industry's
growing demand for clean, affordable hydrogen. Thiozen recently
validated its technology in an in-field pilot unit in the Permian
Basin. The 3-year-old company has headquarters in Pasadena, CA. Learn more at
www.thiozen.com.
About Emissions Reduction Alberta (ERA)
Emissions
Reduction Alberta has been investing revenues from the carbon
price paid by large emitters to accelerate the development and
adoption of innovative clean technology solutions for 15 years.
Since established in 2009, ERA has committed nearly $935 million toward 267 projects worth
$8.8 billion that are helping to
reduce GHGs, create competitive industries and are leading to new
business opportunities in Alberta.
These projects are estimated to deliver cumulative GHG reductions
of 42.5 million tonnes by 2030 and 117.6 million tonnes by
2050.
About The Hydrogen Centre of
Excellence
The Hydrogen Centre of Excellence is a
funding program, testing and service facility and a forum for
facilitating partnerships to de-risk hydrogen technology
development led by Alberta Innovates. The Centre received
$50 million in funding from the
Government of Alberta as an
important component of Alberta's
Hydrogen Roadmap and Alberta's
Recovery Plan. The Hydrogen Centre of Excellence will accelerate
technology and innovation across the hydrogen value chain, closing
innovation and support gaps to strengthen Alberta's hydrogen economy. Its purpose is to
provide innovation support across the entire hydrogen system, from
production to end use.
About Alberta Innovates
Alberta Innovates manages
nearly 1,300 projects in a portfolio valued at $1.33 billion. It works with innovators in all
sectors of the economy and all corners of the province to drive
entrepreneurship, applied research and industry development. With
its impact-based funding programs and services, Alberta Innovates
is transforming energy systems for a net-zero world, promoting the
responsible use of land and water, leveraging provincial strengths
in agriculture, and contributing to improved health and well-being
by harnessing digital tech and data. Alberta Innovates is also
advancing emerging technologies and strengthening entrepreneurship
for a strong and diversified economy. It operates in 11 locations
with more than one million sq. ft. of industrial testing and lab
facilities, and 600 acres of farmland and employs nearly 600 highly
skilled scientists, business and technical professionals.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/thiozen-announces-3-2m-in-funding-from-provincial-government-for-project-in-alberta-302187405.html
SOURCE Thiozen