- Canadian-based clean energy solutions innovator FuelPositive Corp. is developing a means of producing and using ammonia for non-carbon polluting fuel
- Hydrogen has been touted as the ‘fuel of the future’, with the IEA predicting that hydrogen-based fuels will have to account for 30% of transportation fuels by 2050 to help the world achieve its zero emissions goals
- However, hydrogen has proven to be notoriously difficult to transport, given its highly volatile nature as well as its extremely low liquefying point (-253 degrees Celsius)
- Green Ammonia has emerged as both the best solution to transport and store hydrogen, as well as a renewable fuel source in its own right
Historically, passengers looking to take the 80-minute train journey linking the coastal town of Cuxhaven, Germany and Buxtehude, a commuter hub located just outside the city limits of Hamburg, would board the diesel train service run by German train operator, EVB. However, that all changed one Sunday morning in September 2018; on that day, the Coradia iLint, the world’s first hydrogen-powered passenger train, came into service on the nearly 100 kilometers of line running between the two destinations (https://nnw.fm/xoNJ3). In addition to its efficient service – the train could achieve speeds of up to 140 kilometers per hour (86 miles per hour), the Coradia iLint marked a dramatic departure from the polluting trains of the past. The average diesel-powered train generates carbon emissions of as much as 27.5g CO2e per tonne kilometer (https://nnw.fm/swCNQ); the Coradia iLint, in turn, emits only steam and condensed water, with the latter element so pure, it can be used as drinking water.
Although the environmental bona fides of hydrogen fuel cells and other pure hydrogen applications are undeniable – a 2021 International Energy Agency report forecast that to hit zero emissions by 2050, hydrogen-based fuels should account for nearly 30 percent of transport fuels by 2050 (https://nnw.fm/PwXQ3), the difficulty in effectively transporting and storing the fuel has hampered its mass adoption to date. Canadian-based clean energy solutions innovator, FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) has sought to resolve this conundrum through the development of its proprietary carbon-free green ammonia technology.
Green ammonia, so called for its production process using renewable energy sources, has been shown to be one of the most effective mediums for the proper storage and transportation of energy from renewable power sources. Historically utilized to manufacture agricultural fertilizers, green ammonia has also been found to be one of the most efficient and low-cost means of transporting hydrogen. FuelPositive’s hydrogen-ammonia synthesizer technology provides the means of storing hydrogen as green ammonia for effective transportation and storage, with the option of easy conversion back to hydrogen for use in hydrogen fuel cells and other functions.
Although pure hydrogen has often been touted as the ‘fuel of the future’, green ammonia has also been shown to be effective as an energy source in its own right; in fact, the gas has been found to boast a higher energy density, at 12.7 megajoules per liter than liquid hydrogen, at 8.5 MJ/L (https://nnw.fm/Jj0V9). In other words, green ammonia can store and generate nearly 50 percent more energy per liter than the equivalent volume of liquid hydrogen. Moreover, liquid hydrogen must be cooled to minus 253 degrees Celsius to remain in liquid form, whereas green ammonia can become liquid at a mere minus 33 degrees Celsius, significantly decreasing the logistical challenges in transporting the fuel. As a result, green ammonia has already been touted as a vital potential fuel for the global shipping industry, with the latter accounting for approximately two to three percent of the world’s annual greenhouse gas emissions (https://nnw.fm/PCXUY).
The IEA has revealed that green ammonia has an essential role to play in bringing global emissions to net zero, alongside biofuels and hydrogen. Jimmy Faria, a chemical engineer at the University of Twente in the Netherlands who has delved into the use of ammonia, forecast that green ammonia will continue to gain prevalence as carbon prices rise further: “I think ammonia is probably the future for liquid fuels” (https://nnw.fm/jvakQ). With its technology well suited towards the production and transportation of green ammonia, FuelPositive Corp looks well positioned to capitalize on the ongoing global shift towards renewable energy sources and hydrogen-based fuels in particular.
For more information, visit the company’s website at www.FuelPositive.com.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://nnw.fm/NHHHF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.
No comments:
Post a Comment