Pick of The Week
 

FuelPositive Corp.
(TSX.V: NHHH) (OTCQB: NHHHF)

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) is a growth stage company focused on licensing, partnership and acquisition opportunities relating to energy-efficient technologies and sustainability. The company is committed to providing commercially viable and sustainable clean energy solutions, including green ammonia (NH3), for use across a broad spectrum of industries and applications.

FuelPositive is headquartered in Toronto, Canada.

Hydrogen Economy Problems and FuelPositive’s Carbon-Free Technology

Hydrogen has been positioned as the best alternative to fossil fuels, but increasingly, green ammonia is being considered as a more practical solution.

The hydrogen economy is currently facing many challenges. Traditional (grey) ammonia manufacturing exists on a massive scale, but centralized refineries using the Haber-Bosch system that relies on the use of fossil fuels result in some of the world’s most concentrated CO2 emissions. In total, an estimated 200 million metric tonnes of grey ammonia are consumed each year, with greater than 80% utilized by the agricultural sector.

FuelPositive’s flagship carbon-free green ammonia production technology provides an innovative solution to these environmental concerns. Developed by Dr. Ibrahim Dincer and his team, the company’s decentralized platform allows for the in-situ production of green ammonia in an entirely sustainable manner, using only water, air and sustainable electricity.

The production of hydrogen is energy intensive, but it is just one variable hindering the growth of the hydrogen economy. Other hurdles include:

• Storage – The storage of hydrogen by compression or liquification are both cost prohibitive and unsustainable. Ammonia storage, in comparison, is well established worldwide.
• Distribution – The distribution network for effective hydrogen deployment has yet to be developed, as the extreme high-pressure distribution requirements to transport hydrogen would result in enormous infrastructure costs. The smarter alternative is to distribute ammonia, which is hydrogen-dense. Not only does the production of FuelPositive’s green ammonia require less energy than producing hydrogen on its own, but it stores 65% more hydrogen than highly compressed pure hydrogen. Green ammonia is the ideal carrier of hydrogen.
• End Use – R&D on the transportation-related end use applications for hydrogen is in its infancy, but almost any car, truck, ship or plane can be easily converted to run on green ammonia at a considerably lower cost per mile traveled when compared to traditional fossil fuels. Increasingly, green ammonia is being hailed as the liquid fuel of the future.

A key benefit of FuelPositive’s patent-pending, first-of-its-kind green ammonia production technology is its flexibility. The modular, scalable and transportable system (built to fit within standard shipping containers) allows for small, medium or large-scale production of green ammonia on location. This decentralized approach eliminates the challenges and volatility associated with traditional refineries and the wildly unreliable supply chain. As such, with an appropriately sized FuelPositive system and access to renewable energy, the end use applications for the company’s platform are nearly infinite. End users will have the green ammonia they need in the right amount, at the right time, in the right place – at a steady price, year after year.

RECENT COVERAGE
 

InvestorNewsBreaks - FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Announces Filing of New Patent Application for Green Ammonia and Hydrogen Technology

June 3, 2022 8:30 AM

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today announced that it has filed a U.S. non-provisional patent application for the company’s “Modular Transportable Clean Hydrogen-Ammonia Maker” with the United States Patent and Trademark Office. This claims priority out of FuelPositive’s U.S. provisional patent application filed on June 7, 2021, and elaborates upon FuelPositive’s inventive concepts. “We continue to refine our proprietary systems and apparatus in the process of constructing our demonstration systems,” said Ian Clifford, CEO and board chair of FuelPositive. “There is a worldwide shortage of ammonia and fertilizer and seriously compromised supply chains, making our decentralized and containerized on-site green ammonia production systems acutely needed. We are being approached daily by people and companies from all over the world who want our systems so they can control their supply, timing and pricing, while dramatically reducing carbon emissions. By filing these patent applications, we are setting ourselves up to be able to deliver green anhydrous ammonia and its derivatives wherever the technology is needed in the coming years.”