About
Utility Global is a global industrial decarbonization company enabling hard-to-abate sectors to achieve economic decarbonization at scale through its proprietary H2Gen® technology. The company was founded with the mission of driving a commercial transition to a low-carbon world, targeting industries notoriously difficult to decarbonize: steel manufacturing, refining, petrochemicals, chemicals, and low-carbon fuel production. H2Gen® is Utility Global's breakthrough platform that converts water to pure hydrogen by harnessing residual electrochemical energy found in various industrial off gases and biogenic gases to drive water electrolysis — entirely without external electricity. H2Gen® also concentrates carbon dioxide from those off gases as a separate product stream, enabling integrated carbon capture alongside hydrogen production. The result is a technology capable of addressing up to 50% of global emissions without requiring new electricity infrastructure or fossil-based fuels. A critical differentiator is H2Gen®'s ability to integrate with existing industrial infrastructure, allowing operators to decarbonize without replacing equipment or disrupting current operations and economics. The technology is commercially ready and globally deployable, supported by a world-class ecosystem of industrial operators, infrastructure investors, and manufacturing partners including Kyocera and ArcelorMittal Brazil. In February 2026, Utility Global closed $100 million in Series D financing led by Ara Partners and APG Asset Management, accelerating global deployment. Utility Global is purpose-built for large-scale industrial enterprises committed to a practical, economic path to a low-carbon future.
Key Features
- H2Gen® Electricity-Free Hydrogen Production: Converts water to pure hydrogen using residual electrochemical energy from industrial off gases and biogenic gases — requiring no external electricity or fossil-based fuels.
- Integrated Carbon Capture: Concentrates CO₂ from industrial off gases as a separate, usable product stream, enabling carbon capture as an intrinsic part of the decarbonization process.
- Asset-Compatible Deployment: Integrates directly with existing industrial infrastructure so operators can decarbonize without replacing equipment or disrupting ongoing operations and economics.
- Multi-Sector Industrial Coverage: Applicable across steel manufacturing, petroleum refining, petrochemicals, chemicals, and low-carbon fuel production — the world's hardest-to-abate sectors.
- Global-Scale Commercial Readiness: Commercially proven and globally deployable, backed by partnerships with Kyocera for manufacturing scale and ArcelorMittal Brazil for steel-sector application.
Use Cases
- Steel manufacturing facilities seeking to produce clean hydrogen for direct reduced iron (DRI) processes without requiring new electricity infrastructure or replacing existing blast furnaces.
- Petroleum refineries looking to generate on-site clean hydrogen for hydrocracking and desulfurization operations while capturing CO₂ from off gases as a separate product stream.
- Petrochemical and chemical plants aiming to reduce Scope 1 carbon emissions while maintaining full operational efficiency and without capital-intensive asset replacement.
- Low-carbon fuel producers requiring clean hydrogen feedstock from industrial off gases to manufacture green ammonia, methanol, or sustainable aviation fuel (SAF).
- Industrial operators and infrastructure investors seeking a commercially proven, economically viable decarbonization platform to meet net-zero commitments and comply with evolving carbon regulations.
Pros
- No Electricity Required: H2Gen® produces clean hydrogen without drawing from the electrical grid, dramatically reducing operating costs and eliminating dependence on renewable electricity availability.
- Economically Viable Decarbonization: Designed to be cost-competitive with existing industrial processes, making decarbonization a practical business decision rather than a regulatory burden.
- Non-Disruptive Integration: Works alongside existing industrial assets without requiring costly equipment replacement or operational downtime, lowering the barrier to adoption.
- Dual-Output Value: Produces both clean hydrogen and a concentrated CO₂ stream, giving operators two valuable outputs and potential additional revenue streams from carbon markets.
Cons
- Enterprise-Only Accessibility: Designed exclusively for large-scale industrial operators; not accessible or applicable to small or mid-sized businesses outside heavy industry.
- Limited Public Pricing Transparency: Detailed technical specifications, deployment costs, and commercial terms require direct engagement with Utility Global and are not publicly disclosed.
- Still Scaling Globally: While commercially ready, global deployment is still in progress, meaning availability in certain regions or industries may be limited in the near term.
Frequently Asked Questions
What is H2Gen® and how does it work?
H2Gen® is Utility Global's proprietary technology that uses residual electrochemical energy present in industrial off gases and biogenic gases to drive water electrolysis, producing pure hydrogen without requiring external electricity or fossil-based fuels. It also captures and concentrates CO₂ as a separate product stream.
Which industries can benefit from Utility Global's technology?
Utility Global targets hard-to-abate industrial sectors including steel manufacturing, petroleum refining, petrochemicals, chemicals, and low-carbon fuel production — industries that account for a significant share of global greenhouse gas emissions.
Do industrial operators need to replace existing equipment to use H2Gen®?
No. H2Gen® is specifically designed to integrate with existing industrial assets and infrastructure, allowing operators to decarbonize without replacing equipment or disrupting ongoing operations and economics.
What is Utility Global's current funding and development status?
In February 2026, Utility Global announced a $100 million first close of its Series D financing round, led by Ara Partners and APG Asset Management. The company is actively deploying H2Gen® globally, with partnerships including Kyocera for manufacturing and ArcelorMittal Brazil for steel-sector applications.
How much of global emissions can H2Gen® address?
According to Utility Global, H2Gen® has the potential to address up to 50% of global emissions by decarbonizing hard-to-abate industrial sectors without relying on electricity or fossil-based fuels.
