Between 2002 and 2005, engineers from the Techint Group stumbled upon a groundbreaking discovery while trying to optimize an electric arc furnace for a steelmaker. Unintentionally, they initiated a pyrolysis reaction, converting methane into pure hydrogen and carbon. The finding was initially disregarded due to the lack of interest in hydrogen production at the time. Fast forward to recent years, Techint's investors rediscovered the forgotten innovation and established Tulum Energy to commercialize the technology. Securing a $27 million seed funding round, led by TDK Ventures and CDP Venture Capital, Tulum aims to leverage methane pyrolysis to produce hydrogen without carbon dioxide emissions. Unlike its competitors, Tulum's process eliminates the need for costly catalysts and harnesses the electric arc furnace technology for efficient hydrogen production. The company plans to construct a pilot plant in Mexico, targeting a daily output of two tons of hydrogen and 600 tons of carbon, potentially transforming the steel industry. With aspirations to achieve a competitive hydrogen price of $1.50 per kilogram, Tulum's innovative approach could disrupt the conventional hydrogen market. By offering a sustainable and cost-effective solution, Tulum Energy's journey from a forgotten mistake to a pioneering hydrogen producer signifies a significant shift in clean energy technology.