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 M2X's 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 M2X's low-carbon methanol is a suitable feedstock for Element 1's 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 1's 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.
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