Osaka Gas Co., Ltd. has announced its strategic investment in Koloma, Inc., a US-based startup focused on the exploration, development, and production of natural hydrogen. This collaboration underscores Osaka Gas’ commitment to advancing the production and utilization of natural hydrogen, which is regarded as an affordable and clean energy source.
Natural hydrogen is found in deposits located hundreds of meters to several kilometers underground in various regions across the globe. Development efforts for extracting this resource are currently underway in the US and Australia, leveraging established oil and gas drilling techniques. The production of natural hydrogen is associated with lower greenhouse gas emissions than conventional energy sources, positioning it as both cost-effective and environmentally friendly. This clean energy solution could play a significant role in advancing carbon neutrality.
The widespread adoption of carbon-free hydrogen and its derivatives, such as e-methane and ammonia, is essential for meeting the carbon neutrality targets set by more than 120 countries and regions by 2050. Natural hydrogen is poised to contribute meaningfully to these global ambitions.
Koloma, leveraging its proprietary exploration and production technologies along with extensive global data, aims to commercialize natural hydrogen. Through its partnership with Koloma, Osaka Gas plans to explore the potential of natural hydrogen as a new, sustainable energy source, aligning with its vision of contributing to a carbon-neutral society.
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