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Parallel Carbon: Unlocking Cost-Effective Carbon Removal and Hydrogen Co-Production

  • fortune002
  • Apr 7
  • 2 min read

At the recent Global DAC Conference in New York City (March 2025), our Founder and CEO, Ryan Anderson, took the stage for the Lightning Round session. Instead of diving straight into the well-worn discussions about carbon removal, he took an unexpected turn—talking about hydrogen. And for good reason.


Hydrogen is the silent bottleneck for carbon removal companies looking to create viable, scalable business models. As Ryan put it, ‘...hydrogen is the bane of every DAC company’s existence because of its high cost.’ Everyone wants to produce e-fuels to displace fossil fuels and access additional revenue streams beyond CDR (Carbon Dioxide Removal). But the catch? Hydrogen is just too expensive—until now.


Ryan Anderson, Founder and CEO, Parallel Carbon
Ryan Anderson, Founder and CEO, Parallel Carbon

A New Approach: Direct Air Capture Meets Cost-Effective Hydrogen


Parallel Carbon’s innovation lies in our unique approach to DAC, which simultaneously co-produces hydrogen in a cost-effective way using renewable energy. Unlike conventional water electrolysis-based hydrogen production, which competes for renewable power, our process maximises efficiency and flexibility, creating a more compelling economic case for deployment.


At the core of our technology is a membrane-free electrolyser that not only splits water but also splits a salt into acids and bases. These acids and bases are integral to our DAC process, which liberates CO2 from a mineral sorbent without requiring high-temperature processing equipment. The result? A highly efficient system where 99% of the energy goes directly into electrolysis, and the process can run intermittently—perfect for harnessing low-cost solar and wind power.


This strategic decoupling of DAC from continuous energy requirements allows us to produce CO₂ 24/7, even when power isn’t available, all while running at a lower capital expenditure than existing high-temperature mineral looping systems.


Beyond Carbon Removal: Enabling Carbon-Negative E-Fuels


The real breakthrough of this approach is how it integrates with e-fuel production. With only 10-20% additional CAPEX compared to standard water electrolysis, our system can double or triple hydrogen project revenue by providing more cost-effective feedstocks for e-methanol, e-SAFs, and even carbon-negative ammonia.


By making hydrogen production significantly cheaper, we help enable a pathway towards cost parity with traditional fossil fuels. Extrapolating PPI-adjusted methanol prices, we see a clear trajectory where our Nth-of-a-kind (NOAK) deployments achieve full market competitiveness.


Who Should Care?


This technology isn’t just about removing CO2—it’s about unlocking new commercial pathways for decarbonisation. The big question now is: How do we connect CDR buyers with e-fuel producers who need affordable hydrogen and CO2? We’re actively engaging with stakeholders across the energy and fuel industries to bridge this gap.


If you're in the business of e-fuels, sustainable chemicals, or industrial decarbonisation, let’s talk. Parallel Carbon isn’t just solving a climate challenge—we’re rewriting the economics of CO2 removal and hydrogen production for a net-zero future.


The future of DAC isn’t just about capturing carbon—it’s about transforming industries. Let’s build that future together.



 
 
 
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