Plenesys and the EIC Accelerator: Hydrogen From Plasma

30 September 2026973 words5 min

Plenesys, registered in 2018 at Sophia Antipolis near Nice as a spin-off of Mines Paris, uses electric plasma torches to split methane or biomethane into hydrogen and solid carbon, so no CO2 is released. It was selected in the EIC Accelerator's March 2023 cut-off with blended finance for HyPlasma and received an EU grant of €2.50 million for a €4.71 million project that ran from December 2023 to November 2025, according to CORDIS. Local news site Sophianet reported in July 2023 that it would receive a grant of up to €2.5 million and "des prises de participation pouvant atteindre 15 M€", equity of up to €15 million, through the EIC Fund.

The project has ended, but CORDIS holds only the first periodic report, to November 2024. It says Plenesys completed engineering and assembly of a 100 kW atmospheric-pressure pilot and "run some preliminary tests", confirmed through an external laboratory that its carbon powder is commercial-grade carbon black, and validated a plasma torch working at up to 6 bar, according to the CORDIS reporting page. No hydrogen output, running hours or production cost from the pilot has been published.

€2.50MEU grant
100 kWPilot size
10-19Employees, register band
NonePilot results published

Company file

Legal entity
Plenesys SAS, SIREN 840607279, Valbonne
Leadership
Dr Sabri Takali, president and CEO; Dr Ahmed Kacem, COO
Origin
Mines Paris, Sophia Antipolis
By-product
Carbon black for tyres and other uses
Other EU projects
PYRAH2 (€2.29M); BHARAT-EU (€612,650)
Accounts
Filed, figures not public
EIC funding
Blended finance

Where Plenesys Stands Now

Plenesys is active in the French company register, which puts its workforce at 10 to 19 employees and names Sabri Takali as president and Ahmed Kacem as managing director, according to recherche-entreprises. Its accounts were last filed in April 2026, but no figures appear in the free data. The news page on its website has had no update since 2022. In 2026 it joined two Horizon Europe consortia, PYRAH2, with €2.29 million for Plenesys, and BHARAT-EU, with €612,650, to make hydrogen from biogenic waste and residues, according to CORDIS participant data.

The record

From plasma torches to a 100 kW hydrogen pilot

Plenesys assembled its pilot and ran preliminary tests in the first year of the EIC project. The project ended in November 2025 with no final report published, and two new EU research projects started in 2026.

  1. Jun 2018Company registeredMines Paris spin-off, Sophia Antipolis
  2. Mar 2023EIC Accelerator cut-offHyPlasmablended finance
  3. Jul 2023Award reportedUp to €2.5M grant and €15M equity
  4. Dec 2023Project starts€2.50M EU grant
  5. Nov 2024First period ends100 kW pilot assembled, preliminary tests
  6. Nov 2025Project endsNo final report published
  7. Jan 2026PYRAH2 startsHorizon Europe partner
  8. Jul 2026BHARAT-EU startsHorizon Europe partner

CORDIS, Sophianet and French company register.

"We have proved that the grade of the carbon powder produced by HyPlasma is a commercial grade of carbon black."

Plenesys, first periodic report to the EIC

The Technology: Cracking Methane With Electric Heat

Methane pyrolysis heats natural gas until it breaks into hydrogen and solid carbon. Plenesys supplies that heat with its own plasma torches, and says its process uses three to four times less electricity than electrolysis and costs around €3 per kilogram of hydrogen. Selling the carbon black is meant to cut the hydrogen price further. Using fossil natural gas as the input still depends on methane supply chains and their leaks, which the report does not discuss.

The claim

Hydrogen production cost cited by Plenesys

Plenesys says its process makes hydrogen for around €3 a kilogram, half the cost of electrolysis but three times that of steam methane reforming. These are the company's figures, not independent measurements.

Plenesys, first periodic report (CORDIS). Values in € per kg of hydrogen.

What the EIC Award Promised, and What the Record Shows

The award promised to bring to market a containerised unit producing clean hydrogen next to the user. At the halfway point there was an assembled pilot with preliminary tests. What happened in the second year, whether a containerised product exists and whether any customer has ordered a unit are not public. A 50 to 100 tonne-a-year demonstrator is listed on the French hydrogen association's project map, with its status visible only to members.

  1. 100 kW pilotDeliveredAssembled, first report.
  2. Carbon black qualityDeliveredExternal lab, per report.
  3. Pilot performanceUnverifiedNo data published.
  4. Market-ready unitNot shownNo final report.

The Money

The EU paid 53% of the project. Sophianet's report of up to €15 million of EIC equity was never followed by an announced investment, and official BODACC notices record no change to Plenesys's share capital since 2018, only accounts filings and two moves of its registered office. The two new Horizon Europe grants bring Plenesys's EU funding since 2023 to about €5.4 million.

The EU money

EU funding to Plenesys by project

After the EIC grant, Plenesys joined two Horizon Europe research consortia on hydrogen from biomass and biogenic waste.

CORDIS participant data. Values in € thousands.

The project budget

Who paid for the €4.71M project

The EU covered 53% of the HyPlasma project's cost.

CORDIS, project 190187335. Values in € millions.

What Cannot Be Checked

Questions for the EIC

Whether the EIC Fund invested and how much, how the pilot performed on hydrogen yield and energy use, why no final report is public, and Plenesys's revenue and losses are not public.

Why Europe Should Care

Europe needs low-carbon hydrogen at a price industry can pay. Methane pyrolysis sits between cheap but dirty steam reforming and clean but costly electrolysis. Plenesys has a working plasma torch and a pilot, and it keeps winning EU research money, but it has not published the numbers that would show its process works at the promised cost.

What the award promised

A market-ready, containerised plasma unit making clean hydrogen at around €3 a kilogram.

What the record shows

An assembled 100 kW pilot, commercial-grade carbon black and no results after 2024.

The Verdict

Pilot built, proof missing

Plenesys built the pilot the EIC paid for. Without published results, the company's claim of using three to four times less electricity than electrolysis is still only a claim.

Plenesys and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

EnergyHydrogen technologies

Focus
  • Hydrogen production
Technologies
  • Plasma technology
Keywords
  • Methane pyrolysis
  • Carbon black
  • Turquoise hydrogen
  • Biomethane