JEV Portfolio Company Supercritical and HAMR Energy to Shake Up Methanol Production with Groundbreaking, Government-Backed, Green Partnership

Jericho Energy Ventures Inc. announced that its portfolio company, Supercritical Solutions, and HAMR Energy have secured nearly AUD 1 million in funding from the Australia-UK Renewable Hydrogen Innovation Partnership. This project will demonstrate that renewable methanol costs can be reduced by up to 20% through ultra-high efficiency, high-pressure green hydrogen production.

The consortium will first undertake a techno-economic feasibility study to assess the integration of Supercritical's high-pressure hydrogen electrolyzers into HAMR's hybrid methanol plant design. Empirical testing of advanced catalysts and a full lifecycle environmental impact analysis will be performed. The initiative aims to de-risk the concept for pilot deployment in 2026.

With Supercritical's technology offering system efficiency of 42 kWh/kgH2 and 200 bar hydrogen delivery, the project could significantly cut capital and operational expenditures for methanol facilities. The partnership seeks to commercialize the concept by 2030, positioning it within a potentially multibillion-dollar global methanol market.