In a unique private-public partnership model, Genvia combines the expertise and experience of Schlumberger and the CEA with VINCI Construction, Vicat, and the investment vehicle of the French Occitanie Region, l’Agence Régionale de l’Energie et du Climat (AREC).
Hydrogen is a versatile energy carrier and a key component of the energy transition for many countries targeting carbon neutrality by 2050.
The new venture will accelerate the development and the 1st industrial deployment of the CEA high-temperature reversible solid oxide electrolyzer technology, as the most efficient and cost-effective technology for clean hydrogen production.
Broad and deep alliances are critical to reach hydrogen production goals, evolving applications and creating a new energy infrastructure.
Genvia technology aims to achieve the highest system efficiency, resulting in significantly less electricity use per kg of hydrogen produced.
The technology is the first of its kind that is fully reversible, giving it the flexibility to switch between electrolysis and fuel cell functions.
Olivier Le Peuch, CEO of Schlumberger, said:
- Clean hydrogen production is critical for the world to meet its energy transition goals.
- Genvia will bring together outstanding science and advanced engineering to accelerate the development of a core technology to unlock affordable hydrogen production, energy storage and fuel applications at scale.
The center for technology transfer will be located at the CEA site in Grenoble, France.