M2X Energy & Element 1 Corp to Demonstrate New Pathway to Hydrogen From Stranded Gas

Source: www.gulfoilandgas.com 2/20/2024, Location: North America

M2X Energy, a startup company with a proprietary process technology that converts stranded gas into low-carbon methanol, and Element 1 Corp, a global leader in advanced hydrogen generation systems for the fuel cell industry, announced today that they are conducting a joint research and development program to explore the use of M2X low-carbon methanol as a feedstock for point-of-use hydrogen production.

Element 1 is demonstrating the viability of low-carbon methanol produced by M2Xs gas-to-methanol unit as a feedstock for its hydrogen generation unit, and subsequent conversion to electricity. The process technologies developed by the two companies can unlock the potential for clean energy production in demanding locations, where power grids are overloaded, and operating conditions require adaptability and grid independence. After confirming that M2Xs low-carbon methanol is a suitable feedstock for Element 1s methanol-to-hydrogen systems, methane-rich stranded gases that today are often flared or vented, may instead be harnessed for downstream stationary power applications, hydrogen refueling stations, and on-board generation for hydrogen-fueled road vehicles, trains, and maritime vessels.

Early testing of methanol produced by M2X Energy shows promising results for unlocking hydrogen as a cost-competitive and low-carbon chemical sourced from stranded gases. M2X is excited about this collaboration with Element 1. Serving as a supplier of low-carbon methanol for Element 1s process equipment demonstrates our product market fit and the value of M2X low-carbon methanol as an attractive, low-cost hydrogen carrier, especially during the energy transition, commented Paul Yelvington, Chief Science Officer at M2X.

With details emerging on the implementation of production credits for hydrogen and clean fuels in the U.S.s Inflation Reduction Act (e.g., 45V and 45Z), M2X Energy and Element 1 are well-positioned to provide an integrated pathway to cost-competitive, low-carbon hydrogen with greatly simplified logistics for production, transportation, and storage.

Dave Edlund, co-founder and CEO of Element 1 Corp, said, Low-carbon methanol, such as that produced by the M2X process, offers the most economical and practical pathway to widespread adoption of grid-independent electricity production while maintaining a low-carbon footprint. We are pleased to be partnering with M2X Energy on this important demonstration.

This cross-industry collaboration aligns with the strategic priorities announced at COP28 for reducing methane emissions and expanding the role of hydrogen as an alternative energy carrier. It lays the groundwork for future commercial partnerships for the supply of M2X Energys low-carbon methanol in deployed hydrogen generation equipment using the Element 1 technology.


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