[nanoPost] Low-cost hydrogen from coal

Company USA

- The company is developing patent-pending technology that will create low-cost hydrogen from coal, using a combined drilling/gasification method.

- Hardware is an underground coal gasifier. We will turn the gasifier inside out and bring gasifier to the coal. The result is lowest-cost path to industrial-scale hydrogen production and to carbon-free electricity.

- The defining characteristics are (1) simplicity, (2) low capital costs, and (3) the most benign environmental profile of any fossil fuel.

- The technologies have strongest competitive advantage because can combine, and exceed, the best of both standard gasification and Underground Coal Gasification (UCG) practices.

- The disruptive nature is a result of “clean-sheet” electric mining tool as hybrid of best available technologies in gasification sectors. Current “surface” hardware gasifiers are expensive.

- Current UCG practices are largely ineffective in creating high volumes of clean syngas. TEXYN’s underground gasifier is the first hardware-based solution for UCG, increasing depth, temperature, pressure, cleanliness, and capacity by 10X.

- Secondary process creates zero-emission hydrogen, and CO2-rich EOR gas, making possible greater Enhanced Oil Recovery volumes. Process isn’t just “Carbon Capture Ready”; rather, was set up expressly for the immediate low-tech carbon capture, for ultimate sequestration.