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The Alchemy of Methane Pyrolysis — Turqouise Hydrogen — Start-Ups to Watch.
- Methane pyrolysis is emerging as a way to create clean hydrogen from natural gas while producing recyclable solid carbon.
- Hydrogen is a clean energy source by nature, however, the mainstream method of creating hydrogen is carbon-intensive and involves splitting water or methane using fossil fuels.
- Methane pyrolysis, or turquoise hydrogen, uses a fraction of the energy required for electrolysis and can be implemented into existing natural gas infrastructure.
- Startups are developing methane pyrolysis technology, and the market is betting big on clean hydrogen; $1.23 billion went to startups developing technology to produce and distribute low-emission hydrogen.
- The carbon byproduct gained from methane pyrolysis, called Carbon Black, can be used to create tires, plastics, inks, and other rubber goods.
- Methane can be gathered from renewable sources like livestock manure, and RNG can be blended with conventional natural gas at varying, cost-controlled ratios for a better carbon footprint.
- Increasing funding is going towards methane pyrolysis as low natural gas costs mean financial incentives work in favour of technologies that work with methane, not against it.
- Startups worth keeping an eye on who use methane pyrolysis include Math2H, Modern Hydrogen, New West Gypsum, Pyrowave, Solid Carbon Products, and Solum.
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