By significantly improving production efficiency, REMA enables the widespread adoption of green hydrogen, supporting global sustainability goals in the transition to clean energy. The startup was awarded CHF 150,000 by Venture Kick to accelerate its development.
As of 2020, the global hydrogen market stood at an estimated USD 125 billion, dominated by non-green hydrogen sources. Current projections indicate a substantial increase to USD 225 billion by 2030, with prevalent grey hydrogen being replaced by greener alternatives. The high cost of green hydrogen production limits the widespread adoption of hydrogen, preventing progress in achieving a sustainable energy transition.
EPFL startup REMA addresses this challenge through its innovative proprietary membrane-less electrolysis technology, designed to make green hydrogen production more affordable and efficient at any scale. Using fluid mechanics, REMA eliminates the costly and fragile membrane found in conventional electrolyzers, ensuring high purity and operation at higher temperatures. This results in a reduction in costs of up to 40% and an efficiency of up to 95%, as well as simplified construction processes. REMA's innovative solution aligns with the exploding demand for sustainable energy solutions, supporting global efforts to transition away from carbon and fossil fuels.
Within the hydrogen production landscape, REMA aims to bridge the gap in hydrogen adoption for centralized and localized applications. REMA aims to enable this transition by boosting the emerging localized green hydrogen market with electrolyzer costs, opening up significant potential, and attracting interest from various companies.
The financial boost of CHF 150,000 from Venture Kick will allow the team to advance product development and launch its inaugural membrane-less electrolyzer by 2025, to be deployed in two pilot projects in Western Switzerland.
Led by CEO Steven Schenk and CTO Ioakim Sioutis, REMA’s team also includes Dr. Pooria Hadikhani, a fluid mechanics expert, Prof. Demetri Psaltis, Director of the EPFL's Optics Lab, and Prof. Nikos Stergiopoulos, an EPFL professor and founder of Comphya, and Rheon Medical.
“Venture Kick has played a key role in the development of a robust business foundation for REMA. The initial financial backing and coaching provided by Venture Kick have pushed us significantly forward, encouraging essential connections with both local and global industry leaders and investors,” said Steven Schenk, CEO of REMA. “The insights gained throughout the competition have undeniably shaped the present trajectory of REMA.”
(Press release/RAN)
Photo: REMA’s Co-Founders: Ioakeim Sioutis (Lead Engineer), Prof. Demetri Psaltis (Advisor), and Steven Schenk (CEO)
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