Construction begins at Europe’s largest turquoise hydrogen facility
Hycamite plans to produce 2,000 tonnes of H2 from methane pyrolysis at a demo project in Finland
Finnish developer Hycamite has this week started construction of a demonstration facility that will produce 2,000 tonnes a year of “turquoise” hydrogen made from methane pyrolysis.
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Hycamite expects to produce 6,000 tonnes of solid carbon a year from its turquoise hydrogen plant, although it has not disclosed whether it has customers for either product.
The demonstration facility — the biggest turquoise hydrogen project in Europe — is sited in the coastal town of Kokkola, central Finland, at an industrial park that claims to be the largest inorganic chemicals cluster in northern Europe.
The developer also argues that its methane pyrolysis technology uses only 13% of the energy requirements of an electrolyser.
The Kokkola project is estimated to have cost €28m ($30m). Finland’s state-owned Climate Fund contributed a €10m capital loan for the facility in February 2023, as well as investing in Hycamite’s €25m fundraise in July last year, while government agency Business Finland has awarded €2.4m for R&D and pilot support.