- Blue and green hydrogen are the two types of hydrogen fuel types being examined for primary use – blue is less expensive but has the potential for higher greenhouse gas production, green hydrogen uses renewable energy sources like solar and wind power and creates a cleaner fuel
- Toyota Motor Corp. has manufactured one of the first hydrogen fuel cell-powered vehicles (Mirai), but there are only a handful of refilling stations available in Britain and three in Australia
- Global green ammonia market size is expected to record a CAGR growth rate of 54% from 2020 to 2025.
- When combusted correctly, carbon-free ammonia has the potential to produce little to no emissions in the form of a water vapor
- FuelPositive Corp. is at the forefront of producing carbon-free ammonia for the creation of alternative zero-emission fuel sources
With a commitment to clean energy solutions, FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is getting the message out about the seriousness of global warming by deploying carbon-free ammonia as a step to help reduce carbon emissions. There is currently a growing interest worldwide in generating carbon-free or green ammonia and green hydrogen fuel to help reduce these emissions.
Most of the environmental impacts of hydrogen are dependent on how it is manufactured, and most of the hydrogen produced for power is done so by using a methane source. Blue and green hydrogen are the two hydrogen fuel types currently being examined as primary fuel sources. Blue hydrogen is the cheaper low-carbon hydrogen fuel option, but reports have shown that it emits more greenhouse gases than originally thought. Green hydrogen uses renewable energy sources like solar and wind power to create cleaner hydrogen fuel (https://ibn.fm/fa3Bi).
While green hydrogen is the cleanest of all the renewables, it has its problems. Hydrogen on its own is extremely difficult to store and transport. Hydrogen production is energy intensive while the end product is very volatile and requires extreme pressure conditions to store and transport. Additionally, hydrogen transportation raises various safety concerns, especially in the absence of an established distribution infrastructure.
FuelPositive’s carbon-free ammonia is an ideal substitute because it provides all the benefits of hydrogen fuel but solves the problems that have been associated with it. The company’s solution is dramatically less expensive to manufacture than pure hydrogen by volume. Its carbon free ammonia system requires 30 percent less energy than conventional ammonia production, with zero carbon emissions. Moreover, FuelPositive’s ammonia stores 65 percent more hydrogen than pure hydrogen by volume and is easy and safer to store and transport via an existing infrastructure. In fact, FuelPositive’s carbon-free NH3 provides the most efficient and safest way to produce, store and transport hydrogen, making it the ideal enabler for the hydrogen economy.
With the growing concern of greenhouse gas emissions, there is a higher emphasis worldwide on creating sustainable carbon-free ammonia, known as green ammonia. The global green ammonia market size is expected to record a CAGR growth rate of 54% from 2020 to 2025. The fuel source is considered to be 100% renewable (https://ibn.fm/Nti6j).
FuelPositive is uniquely positioned to leverage this expanding market’s opportunities, with its proprietary patent-pending first-of-its-kind carbon-free ammonia technology. The company’s carbon-free ammonia will:
- Help eliminate carbon emissions in agriculture
- Replace fossil fuels used in transportation, including large engine vessels
- Provide affordable and convenient hydrogen for fuel cells
- Provide electricity and grid storage
- Fuel the shift to a hydrogen economy
- Produce carbon credits on a substantial level
- Reduce the need for massive ammonia processing facilities, pipelines and long-distance shipping
FuelPositive’s technology can revolutionize hydrogen production, transport and utilization, at a time when the entire world is looking for innovative hydrogen technologies and solutions. Recently, the Energy Department announced a hydrogen “moonshot” program to invest in new technologies.
Additionally, car manufacturer Toyota Motor Corporation (NYSE: TM) has even been exploring the possibility of fueling vehicles with hydrogen with the Mirai model. Only available in certain markets, the car is priced around $100,000. There are currently only a handful of refilling stations in Britain and three in Australia, so purchasing it in another country would not make much sense. The argument is that electric cars will become obsolete, and replacing them with another fuel source, such as hydrogen, will become necessary, according to an article titled ‘Hit the Gas’ by Top Gear host and journalist Jeremy Clarkson.
When used properly, carbon-free ammonia only produces discernable emissions in the form of water vapor. Some of these emissions are completely inert. With one of the most polluting industries in the world belonging to agriculture, the development of carbon-free ammonia and hydrogen energy sourcing will help to significantly reduce the impact that this industry has on global warming.
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://ibn.fm/NHHHF
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