- Hydrogen represents an energy-intensive production process, and is also a difficult element to contain, with high volatility requiring extreme amounts of pressure for storage
- FuelPositive’s carbon-free ammonia solves the problem of volatile hydrogen on its own, using ammonia as the carrier, allowing end-users to convert the green ammonia back to hydrogen and produce electricity using hydrogen fuel cells
- Carbon-free ammonia can also be used as a fuel on its own without being converted to pure hydrogen
- In a partnership with National Compressed Air, FuelPositive plans to finish prototype carbon-free ammonia production units by the end of 2021 and commence high-visibility pilot programs in 2022
The aviation industry accounts for up to 3% of man-made CO2 emissions and 12% of CO2 from transport. Aviation giant Boeing (NYSE: BA) has pledged to reduce net carbon emissions by 50% of its 2005 total by 2050. This announcement was a part of several aviation company pledges to move toward eventual net-zero carbon emissions by 2050. Last year, Airbus (Frankfurt: AIRG.F) announced the company’s intention to build a hydrogen-fueled plane by 2035 (https://ibn.fm/zUvdY).
Hydrogen is the ultimate net-zero carbon emission goal, but it comes with its own set of challenges. Initial hydrogen production as a fuel source is energy-intensive, and the end product is highly&
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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