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Power-to-gas joint venture in Hungary

Munich-based clean-tech startup Electrochaea in association with Hungarian MVM Group want to build first world’s grid-scale power-to-gas plant. Assumed power consumption is up to 10 MW and the plant is predicted to be located in Hungary.
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The representative of MVM is a spin-off incubator Smart Future Lab Plc, which is connected to research and development. The contracts were signed on October 17 in Budapest.

Some information about methodology of gas production: “The facility employs a power-to-gas technology based on biological methanation that is world unique and was developed by Electrochaea. A proprietary biocatalyst converts low-cost and stranded electricity from renewable energy sources and carbon dioxide into pipeline-grade renewable gas. The core of the system is a selectively evolved microorganism – a methanogenic archaea. The produced biomethane can be stored and directly injected into the existing natural gas grid”.

Source
http://mvm.hu/uncategorized/munich-based-clean-tech-startup-electrochaea-hungarian-utility-mvm-establish-power-gas-joint-venture/?lang=en

As Zsolt Bertalan, the CEO of the MVM subsidiary Smart Future Lab Plc said: “Electrochaea has found a way to solve the problem of storing renewable energy whilst at the same time contributing to the permanent reduction of climate-damaging carbon dioxide. The potential of this disruptive technology is enormous. We are always on the search for such innovative solutions for a safe, clean, reliable and affordable energy supply for today and in the future”.

Source
http://mvm.hu/uncategorized/munich-based-clean-tech-startup-electrochaea-hungarian-utility-mvm-establish-power-gas-joint-venture/?lang=en

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