Energy Co. Demonstrates Game-Changing Hydrogen Techhttps://www.streetwisereports.com/article/2023/06/30/energy-co-demonstrates-game-changing-hydrogen-tech.html Jericho Energy Ventures Inc. (JEV:TSX.V; JROOF:OTC PINK: JLM:FRA) portfolio company H2U Technologies announced it has successfully demonstrated the first non-iridium proton exchange membrane (PEM) electrolyzer for commercial hydrogen production.
PEM catalysts currently rely on the rare and costly platinum-group metal iridium to make hydrogen, which is being pushed as a clean and safe alternative to fossil fuels.
H2U said it would construct its first proof-of-concept units and ship them by the end of the year.
Atrium Research analyst Nicholas Cortelluci, who recently initiated coverage on the company, has written that Jericho's 6.5% minority interest in H2U has "massive upside potential."