The global hydrogen market is currently $100 billion, with grey hydrogen, fossil fuel derived hydrogen that emits carbon dioxide, comprising most of the market. Biomethane also makes up a small volume of the UK gas network. Wild Hydrogen can supply both hydrogen and methane, while capturing carbon dioxide, decarbonising energy networks, and remediating historic emissions.
Dr Michael Sims is the Lead Chemist at Wild Hydrogen and is responsible for the research programme and product analysis. As the company scales his role has extended to leading on multimillion Euro funding applications and building consortia. Michael recognises how the Shott Scale Up Accelerator can help him develop skills in business finance and leadership. He recognises that: “I currently do not have any significant structured mentoring. I am looking forward to having a relationship that supports and evaluates my skills and KPI's outside of the workplace. Developing my progress as I grow as a leader.”
He also thinks the Shott Scale Up Accelerator workshops will be of significant benefits in terms of growing his business and leadership skills. He notes that: “coming from a technical background, many of my business soft skills require significant growth which the workshops will be vital for.”
Wild Hydrogen is growing at pace and has doubled its staffing in the last 6–8 months to meet the demands of commercialising. In the next 12 months, they expect to go from a seed-funded company, to launching a £6 million Series A funding round. This will allow them to progress through a Front-End Engineering study before launching a first demonstrator.