Electrochaea, one of the world's leading power-to-gas companies, was awarded the STEP Award in the sustainability category on November 27 for its technology for the biological conversion of surplus energy and CO2 into transportable and storable methane.
The prize, which is being awarded by the FAZ publishing house for the twelfth time, is aimed at innovative, promising companies in Germany, Austria and Switzerland. already the third award, which the cleantech startup from Planegg will receive this year.
The biological methanation method developed by Electrochaea is a key sector-coupling technology for the sensible use of CO2 and the storage of excess electricity from renewable energy sources, such as wind and solar power, as gas. The company recently announced that Pfaffenhofen plans to build a power-to-gas plant.
Answer to many questions about the energy transition
The STEP Award is one of the most prestigious competitions honoring innovative and fast-growing companies from Germany, Austria, and Switzerland. The aim of the STEP Award is to promote young companies in future-oriented industries and provide them with important impetus for their successful development.
Mich Hein, founder and managing director of Electrochaea GmbH, about the award:
"The STEP Award for Electrochaea demonstrates that our biological power-to-gas technology is the economical answer to many of the open questions of the energy transition. Anyone who wants to quickly improve their carbon footprint and efficiently transport and store electricity from renewable energy sources has a market-ready and industrially proven solution at their fingertips with our technology."
