The green hydrogen industry faces critical challenges, particularly in making production more efficient and cost-effective. One company pioneering innovation in this space is Supercritical Solutions, which has secured a £14 million Series A funding round to accelerate its breakthrough electrolyser technology. The funding round was co-led by Shell Ventures and Toyota Ventures, with contributions from investors including Lowercarbon Capital, Al Mada Ventures, Blackfinch Ventures, Kibo Invest, Global Brain/Niterra, Thai Oil, Anglo Platinum Marketing Limited, and Alumni Ventures. The total investment reaches $18M, though the company’s valuation remains undisclosed.
Revolutionizing Green Hydrogen Production with Supercritical Electrolysis
Founded in 2020 in London, Supercritical Solutions develops ultra-efficient electrolysis technology to make green hydrogen more affordable and scalable. The company, a spin-off from Deep Science Ventures, aims to transform the industry by addressing the most challenging 20% of global emissions, which traditional methods struggle to mitigate.
Green hydrogen has historically been costly and inefficient, limiting its adoption despite its potential to reduce carbon emissions. Supercritical Solutions is solving this problem by introducing a supercritical electrolyser that eliminates the need for downstream pressurization. This approach makes green hydrogen more economically viable, particularly for industries like ammonia production, refineries, and methanol synthesis.
How Supercritical Solutions Cuts Costs and Boosts Efficiency
Supercritical Solutions’ innovative machine directly produces high-pressure hydrogen, removing the need for expensive compression equipment, which traditionally consumes significant energy. This breakthrough lowers overall production costs and enhances efficiency, making green hydrogen a more competitive alternative to fossil fuels.
The technology stands out because it avoids the use of harmful chemicals like PFAS and rare materials such as iridium. The company targets a production cost below £1 per kilogram in the coming years, making clean hydrogen a financially viable solution for widespread adoption.
By producing hydrogen at high pressure, storage and transportation become more cost-effective and practical. This is a major advantage for sectors like industrial manufacturing, transportation, and energy production, where hydrogen is essential. Additionally, green hydrogen unlocks new economic opportunities, including the export market for hydrogen derivatives like ammonia and methanol, which contribute to job creation and local economic growth.
The Growing Global Demand for Green Hydrogen
Industries reliant on hydrogen, such as fertilizers and chemicals, currently contribute significantly to global carbon emissions, releasing approximately 1 billion tonnes of CO2 annually. Supercritical Solutions’ clean hydrogen technology provides a path to reducing this footprint while offering a cost-saving alternative for businesses.
Global interest in green hydrogen is surging, driven by the urgent need to decarbonize hard-to-abate sectors like heavy industry and transportation. Countries in Africa, Latin America, and Asia are positioning themselves as future green hydrogen hubs, promoting innovation and cost reductions. However, mass adoption still requires substantial investment in production, storage, and transportation infrastructure.
Scaling Innovation for a Sustainable Future
Supercritical Solutions is already demonstrating tangible benefits. In collaboration with Scottish Power and Proton Ventures, their technology has successfully reduced green ammonia production costs by 21%. Their WhiskHy project with Beam Suntory is reviving century-old sustainable distillation methods for Scotch whisky. Additionally, the company is driving zero-emission shipping through a green methanol initiative with project developer HAMR Energy in Australia.
With this latest round of funding, Supercritical Solutions is poised to scale its groundbreaking technology globally, paving the way for the transition from grey hydrogen to green hydrogen. As industries worldwide push towards net zero emissions, innovations like Supercritical’s supercritical electrolyser will play a crucial role in building a cleaner and more sustainable future.
Stay informed on funding rounds with Techvop!