A transparent future for clean hydrogen supply chains

A new platform verifies whether hydrogen comes from green sources

Spotted: It’s estimated that hydrogen will account for 12 per cent of global energy demand by 2050. One roadblock, however, is the lack of global standards for hydrogen certification. There are currently a large number of different hydrogen certification schemes and no agreed-upon global standard for guaranteeing the carbon intensity of the hydrogen purchased. This creates uncertainty for buyers looking for green hydrogen made using renewable energy sources.

Australian startup Hydroverse has developed a solution that provides ‘proof-of-origin’ to ensure that all hydrogen purchases meet ESG requirements. The platform allows for real-time digital tracing of the clean fuel and feedstock from production to consumption, with information stored on a secure and transparent blockchain.

The system includes a dashboard that allows buyers to track the production of hydrogen and provides information on the renewable energy sources used to produce and transport it, along with the associated carbon emissions. The platform can be integrated with existing supply chains.

Hydroverse is a founding member of Zero Carbon Hydrogen Australia, a leading advocacy group for the transition to green hydrogen. The company has seen funding from Victorian Clean Tech Fund’s Energy Next Accelerator and private investors.

Hydrogen is increasingly being seen as an essential component of the move to net zero. Recent innovations spotted by Springwise include a process that enables rapid prototyping for hydrogen electrolysers and the use of green ammonia to transport green hydrogen at scale.

Written By: Lisa Magloff