On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Ideally Positioned as Ammonia Gains Attention as a Solution to the Aviation Industry’s CO2 Emissions Problems

  • Commercial aviation accounted for about 2.7% of the world’s human-induced emissions in 2019
  • The aviation industry is one of the fastest growing (https://ibn.fm/Jilzk), meaning emissions will only increase in future
  • To meet the targets stipulated in the Paris Agreement (https://ibn.fm/hN0cs), the industry will need to move away from fossil fuels entirely; green ammonia is emerging as one of the alternatives
  • A consortium domiciled in the U.K. is developing a sustainable, low-emission propulsion system for airplanes that will use a blend of ammonia and hydrogen as a combustible fuel
  • FuelPositive, through its proprietary system, produces green ammonia in a process that significantly reduces CO2 emissions associated with traditional NH3 production

According to a report by the International Council on Clean Transportation (“ICCT”), commercial aviation emitted 920 million tons of CO2 in 2019, up from 903 million tons in 2018 (https://ibn.fm/ecyqd). Based on the 2019 figure, commercial aviation accounted for about 2.7% of all human-caused emissions, considering that the CO2 emissions in 2019 totaled roughly 33 billion tons. Although aviation is a small contributor to global greenhouse emissions compared to other sectors, a BBC Future Planet article points out that it is also one of the fastest growing (https://ibn.fm/pTRE1).

“With COVID-19, flights and passenger numbers plummeted, but the number of people flying is expected to return to 2019 levels within a few years and continue to grow. All this means that we need to start doing far more on aviation emissions, and fast. But bar gradually rising efficiency in planes, little progress has been made so far on how to actually decarbonize airplanes,” the article notes.

Citing the Paris Agreement on climate change, which encapsulates ambitious plans to cut carbon emissions, the article states that aviation will need to move away from fossil fuels entirely in the long term to limit global warming. In line with this goal, the write-up explores several ways the industry can be kinder to the planet. These include switching the fuel to alternatives such as sustainable aviation fuels (“SAFs”) and synthetic fuels, building more efficient planes, optimizing flight routes, and, finally, enforcing policy measures.

Under the alternative fuels option, green ammonia (“NH3”) has increasingly taken center stage. In August last year, a consortium made up of the United Kingdom’s Science and Technology Facilities Council (“STFC”) and Reaction Engines finalized a concept study that explored the practicality of using NH3 as a jet aviation fuel. The study paired heat exchanger technology with advanced NH3 catalysts in the hope of producing a sustainable, low-emission propulsion system (https://ibn.fm/JCZOk).

According to Reaction Engines, ammonia’s energy density is high enough that planes would not require significant modifications. Designed to make ammonia use more economically viable than before, the engine (propulsion system), could be retrofitted in a relatively short time and would not require an entirely new electric powertrain.

According to a New Atlas article (https://ibn.fm/IPKhX), “The heat exchanger would capture heat from a jet engine’s exhaust and use it to power a cracking reactor. The reactor would catalytically convert pure ammonia into an ammonia-hydrogen blend that’ll work as an easily combustible fuel that’s more or less a drop-in replacement for jet fuel.”

Unfortunately, burning ammonia produces nitrous oxides that are harmful to the environment as they contribute to acid rain and smog formation. It is hoped that the consortium will take care of these issues in the same way FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a company committed to clean energy solutions, has dealt with the CO2 emissions linked to the generation of grey ammonia.

Traditionally produced (“grey”) ammonia is generated through the Haber-Bosch process, in which nitrogen and hydrogen molecules react. This highly energy-intensive process, which consumes about 1% of the world’s total energy production, releases roughly 500 million tons of CO2 – 1.8% of total CO2 emissions from human activities globally. Yet, these figures do not even account for emissions from the on-site production of hydrogen, which is extracted from natural gas (methane) in a resource-intensive process – producing 1 ton of H2 requires 9 tons of water (https://ibn.fm/yYu4n) – that also emits large quantities of CO2.

In contrast, FuelPositive’s proprietary system produces green ammonia from sustainable electricity, water, and air, at a fraction of the cost of delivering grey NH3. According to the company’s case study conducted in Manitoba, Canada, its system is about 40% cheaper (https://ibn.fm/yJlxE). In addition, it requires less energy to produce NH3 on-site, as and when needed.

With the first prototype expected to be ready to deploy in the summer of 2022, researchers such as the consortium developing a propulsion system for airplanes can significantly benefit from FuelPositive’s modular and easily scalable NH3 production system. This would, in fact, conform with NHHH’s commitment to clean energy solutions, such as green ammonia, for use in a variety of applications.

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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Archives

Select A Month
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered