The global demand for hydrogen, currently around 100 million tonnes and increasing, necessitates a more efficient and cost-effective method to produce low-emission hydrogen.
Accelerating the transition to net zero by providing low-cost and low-emission hydrogen and solid carbon based on methane pyrolysis.
VulcanX Energy Corp., a spinout from the University of British Columbia, has developed a technology that can leverage existing infrastructure to produce low cost hydrogen (<1.50 per kg H2) with up to 90% reduction in GHGs at a significantly lower electrical demand, no water usage, and no emissions.
NorthX’s original investment through the 2024 University Call for Innovation allowed VulcanX to scale its IP and commercialization strategy.
This follow-on investment will help support the maturity of this technology to go from demonstration to pre-commercial scales.
