The CSIRO has spun out a new company to prove and commercialise its way of producing hydrogen with 30 per cent less electricity. The technology is aimed at helping decarbonise heavy industries and will be first trialled at a New South Wales steelworks next year.
The new company, Hadean Energy, has been co-founded with RFC Ambrian, a resources and decarbonisation investment firm that has worked with the CSIRO on other clean tech spin outs.
Hadean Energy will retain exclusive rights over CSIRO’s tubular solid oxide electrolysis (SOE) technology, which introduces otherwise wasted heat from industrial applications back into the electrolysis process, and will look to prove its potential for large scale manufacturing.
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