ProtonH2 to pair hydrogen-from-oil well tech with GenH2’s cryogenic systems
Canadian clean energy company ProtonH2 is tapping into abandoned oil wells as an innovative source of low-carbon hydrogen.
In a strategic move to accelerate production and distribution, ProtonH2 has partnered with US-based liquefaction specialist GenH2.
The two have signed a memorandum of understanding (MoU) via GenH2’s parent company, Philomaxcap, to explore combining ProtonH2’s hydrogen extraction technology with GenH2’s cryogenic liquefaction and storage systems.
By partnering with Philomaxcap, ProtonH2 said it could tap into downstream markets for its hydrogen product. Image ©PhiloMaxCap - ©GenH2 - ©Proton H2
Based in Alberta, Canada, ProtonH2 claims it can produce low-carbon hydrogen for less than $1/kg through its process, which injects oxygen into depleted oil wells to generate high-concentration hydrogen syngas.
By partnering with Philomaxcap, ProtonH2 said it could tap into downstream markets for its hydrogen product.
It believes GenH2’s liquefiers are “ideally suited” to its production sites, which include its first development in Saskatchewan, to enable localised delivery of liquid hydrogen and minimise transport costs.
The pair will now look at opportunities for joint development using a replicable model that could be expanded to different countries.
Josh McMorrow, CEO of Philomaxcap AG and Executive Chairman of GenH2 said: “Philomaxcap and GenH2 have essential technology and equipment for the hydrogen midstream value chain.
“By linking ProtonH2’s breakthrough clean hydrogen production with GenH2’s patented modular liquefaction equipment and zero-loss liquid hydrogen controlled storage systems, we aim to redefine the economics and scalability of liquid hydrogen.”
Paul Sandhu, CEO of ProtonH2, added: “At ProtonH2, we’ve pioneered a model that converts legacy energy assets into scalable hydrogen production hubs—delivering clean hydrogen at costs that finally make widespread adoption viable.
“Partnering with Philomaxcap and GenH2 allows us to rapidly mobilise this model across regions, aligning world-class liquefaction and storage with breakthrough production to meet the urgency of global demand.”
GenH2 claims its cryogenic storage technology can control temperature, densification, and pressure to maintain super-lower temperatures and recondense hydrogen gas back into liquid to eliminate boil-off losses.
For more information, visit www.protonh2.com and www.genh2hydrogen.com.