SCS Technologies (SCS), a leading provider of CO2 measurement systems, methane vapor recovery units, and petroleum LACT units, announced that Cody Johnson, the company’s CEO, was a member of the winning team for the 2024 Spring Capstone Project in the University of Houston’s Hydrogen Economy Program. The project, titled “Business Roadmap for Utilizing Hydrogen in Houston,” forecasts potential profits of $1.8 billion over the contract’s duration, supported by $180 million in green hydrogen investments.
“It was an honor to collaborate with my Hydrogen Economy Program teammates to explore business opportunities using existing technologies to produce clean hydrogen and reinvest profits to further advance decarbonization efforts in the future,” said Johnson. “I extend my gratitude to the University of Houston for assembling top-notch resources on the critical topic of clean hydrogen production. By bringing together students, corporate leaders, engineers, and scientists, we can unite efforts to accelerate the renewable hydrogen economy.”
The winning capstone project highlights the implementation of decarbonization processes and the enhancement of capacity utilization in existing industrial hydrogen production along the Houston Ship Channel through amine capture technology. The team also identified business opportunities in producing ammonia as a liquid carrier using the Haber-Bosch process, with plans to leverage the existing maritime ammonia tanker fleet for distribution to markets in Western Europe and Northeast Asia.
“Congratulations to Cody and the team for designing an innovative yet feasible clean hydrogen business plan that leverages existing technologies and logistics, making this a viable opportunity for the oil and gas industry,” said Alan Rossiter, Executive Director of External Relations and Educational Program Development at UH Energy, University of Houston. “At the University of Houston, we are committed to advancing the energy transition by bringing diverse skills and knowledge together. The Hydrogen Economy Program is one of the many ways we achieve this. With the new cohort beginning in August and registration now open, we look forward to working with a new group of passionate, curious, and intelligent energy professionals and students.”
The energy industry is undergoing a significant transition driven by environmental and economic factors. The University of Houston’s Hydrogen Economy Program provides a platform within Houston, the world’s energy hub, for energy professionals and students to stay informed on the evolving energy landscape through engagement with faculty and industry leaders.
Participants in the University of Houston Hydrogen Economy Program have the opportunity to develop a capstone project, applying the knowledge gained from the course to create a business plan for a clean hydrogen start-up venture. These projects are then presented to the class and a panel of judges, who evaluate and rank the ideas. Program details, including this year’s winners and previous years’ results, can be found here.
About SCS Technologies
SCS Technologies designs, fabricates, and installs CO2 measurement systems, methane vapor recovery units, and petroleum LACT units for the energy, industrial, and environmental sectors. Committed to achieving net-zero emissions by 2050, SCS Technologies is dedicated to mitigating CO2 emissions within its operations. Based in Big Spring, Texas, with a Strategy & Innovation Office at the Ion in Houston, SCS Technologies is partnered with Black Bay Energy Capital, an energy-focused private equity firm based in New Orleans, Louisiana. Learn more at www.scstechglobal.com and www.blackbayenergy.com.
