AFC Energy Unveils Hyamtec Limited to Transform Hydrogen Market
AFC Energy Launches Hyamtec Limited for Hydrogen Innovation
AFC Energy plc proudly announces the introduction of Hyamtec Limited, the UK’s latest contender in the hydrogen sector, dedicated to pioneering advanced modular ammonia cracking technology. This initiative marks a significant step towards reshaping the hydrogen value chain, making cleaner energy more accessible.
Cost-Effective On-Site Hydrogen Production
One of the standout features of Hyamtec is its ability to generate on-demand hydrogen on-site at a remarkable reduction in cost—only 10% of the expenses incurred when using truck-delivered hydrogen. This innovative approach targets high-polluting industrial sectors, which are significant contributors to global carbon emissions.
Focusing on Natural Gas Displacement
Hyamtec’s mission centers around displacing natural gas within hard-to-abate heavy industries. These sectors currently account for a substantial portion of the UK’s emissions. By providing a sustainable alternative, Hyamtec is set to play a pivotal role in the transition to greener industrial practices.
A Lucrative Market Opportunity
The company aims to capture a slice of the substantial £40 billion market within the UK, focusing on specific areas such as:
- Supplying hydrogen-rich combustible fuel gas aimed at decarbonising industrial heat generation.
- Transforming ammonia for use in large combustion engines, benefitting sectors like power generation, marine, and mining.
- Producing modular purified hydrogen for transportation and fuel cells.
The Role of Green Hydrogen Plants
Decarbonisation of heavy industries hinges on the increased production of green hydrogen. Predictions rally that by 2030, up to 20% of global hydrogen output will emerge from renewable sources. Nevertheless, the challenge remains in the storage and transportation of hydrogen, which can often require extensive logistics and infrastructure.
Innovative Ammonia Cracking Technology
Hyamtec’s cutting-edge technology addresses these logistical challenges by facilitating on-site hydrogen production at an unparalleled efficiency level. The company’s crackers are engineered to integrate seamlessly with ammonia combustion engines and produce ISO Grade hydrogen, suitable for fuel cell applications.
A Vision for Industry Decarbonisation
Dr. Mike Rendall, Managing Director of Hyamtec Limited, underlines the urgency of this initiative, stating, “Hyamtec is committed to accelerating industrial decarbonisation via ammonia and our ammonia cracking technologies. Given the £40 billion spent annually on natural gas by industrial users in the UK, the potential to replace fossil fuels in this domain is astronomical.”
Dr. Rendall further emphasized, “The global move towards net zero emissions necessitates an expedited evolution in hydrogen-based technologies. Our team is enthusiastic about partnering with industry leaders to facilitate this transition and is eager to announce Hyamtec’s initial commercial collaborations shortly.”
Embracing Future Energy Solutions
As energy dynamics evolve, Hyamtec is positioned at the forefront of sustainable energy solutions. Through innovation and collaboration, the company aims to reshape how industries approach hydrogen utilization while contributing significantly to environmental sustainability.
Frequently Asked Questions
What is Hyamtec Limited?
Hyamtec Limited is a newly established hydrogen company by AFC Energy plc focused on modular ammonia cracking technology for sustainable hydrogen production.
How does Hyamtec produce hydrogen?
Hyamtec produces on-site hydrogen efficiently at 10% of the cost of truck-delivered options, primarily targeting heavy industrial sectors.
What markets does Hyamtec target?
The company focuses on a £40 billion market, providing solutions for industrial heat generation, combustion engines, and transportation fuel cells.
Why is green hydrogen important?
Green hydrogen is crucial for decarbonising heavy industries, with projections indicating it will constitute 20% of global hydrogen production by 2030.
Who leads Hyamtec Limited?
Dr. Mike Rendall serves as the Managing Director, driving Hyamtec’s initiatives towards efficient and sustainable industrial hydrogen solutions.
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