GREEN CAT RENEWABLES (GCR) announces a significant, and strategic, investment in the green hydrogen energy supply business, Eneus.
The investment by the Scottish and Canadian based renewable experts will help develop a pipeline of ammonia production sites that will be powered by renewable energy.
Eneus Energy, founded in 2013, and based in Edinburgh, integrate existing, proven, industrial technologies, to take surplus, spill, or constrained renewable electricity in order to produce ‘green’ ammonia, without any associated greenhouse gas emissions.
GCR Director, Gavin Catto is looking forward to working with Eneus on this important, and timely, project.
He said:
“This is a significant strategic move for Green Cat. We have realised for some time that decarbonising the world is going to require a more joined up approach than simply putting wind turbines on every hill top.
“Projects like this, where renewable energy is converted to hydrogen, where it can be used for road transport and/or heating decoupling generation from use are important.
“These projects will also have the flexibility to provide grid balancing services, turning renewables from being a burden to the network, to actually reducing the strain on the network – a real win-win situation.
“We are really looking forward to working with the team at Eneus to make this happen.”
A major part of the cost of delivering hydrogen to consumers is the cost of storing and moving hydrogen as a gas or liquid from where it is produced to where it is used.
Eneus Energy is developing integrated green hydrogen plants which convert the hydrogen into ammonia. The advantage of this is that ammonia liquefies at -33°C, compared to hydrogen which forms a liquid at -253°C.
For some end-use sectors, transmission and distribution costs are twice as large as the cost of hydrogen production, so transport and storage costs with green ammonia will play a significant role in the competitiveness of hydrogen.
Ammonia can be used directly to co-fire alongside existing fuels, where pure hydrogen is required.
An additional “dehydrogenation” step is needed to liberate the hydrogen for final consumption via commercially available conversion technologies.
Eneus CEO, Chris Bronsdon, commented:
“Global markets and policy are all highlighting a rapid move from carbon-based fuels, to hydrogen and ammonia.
“Green Cat is aligned with Eneus’s vision and brings a highly experienced resource to the development of our global projects.”