BP is investing in the hydrogen sector
BP backs US developer of low-cost electrolysers
Advanced Ionics’ water vapour technology could produce green hydrogen at scale for less than $1/kg, oil major says
BP has invested in Advanced Ionics, a US-based developer of “disruptive” water vapour electrolyser technology that it says has the potential to produce green hydrogen at scale for under $1/kg. The oil and gas major led a recently closed $12.5m funding round for Milwaukee-based Advanced Ionics, alongside other investors including US-based Clean Energy Ventures, Japan’s Mitsubishi Heavy Industries, and GVP Climate. “Advanced Ionics’ technology has the potential to drive down cost and disrupt the hydrogen market” said Gareth Burns, vice-president of BP Ventures. “BP has a global portfolio of hydrogen projects, and as the world transitions to a net-zero future, it is important to us to be invest
Also in this section
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
16 July 2025
Oil and gas major calls for expression of interest in product from Lingen project ahead of startup in 2027
