FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) recently released an operational costing model and aggressive timeline to be first to market, both critical to its product’s commercialization. To develop the model, the company used a 1,800-acre case study farm in Manitoba, Canada, a province powered by a carbon-free, sustainable electricity grid. FuelPositive established that the cost of producing green ammonia using its proprietary system was CA$560 per metric ton compared to the current average delivery cost of CA$900 per metric ton of traditionally produced (“grey”) ammonia. FuelPositive’s system will also substantially reduce overall production- and distribution-related emissions. “In addition to having a stable, predictable and highly competitive cost per metric ton, FuelPositive’s green ammonia production system offers independence from the unpredictable fluctuations of grey anhydrous ammonia today,” reads a recent article, which contains excerpts from a Recharge report. “Moreover, according to Recharge, FuelPositive’s system will offer farmers and other users additional advantages. For instance, the company is evaluating anion-exchange membrane (‘AEM’) electrolyzers, ‘which do not require the purified H2O normally required for electrolysis — instead, simple tap water can be used. And that electrolyzer could even be modified to use seawater.’ At the same time, green ammonia could provide fuel for the grain-drying process, which is often powered by natural gas or propane — further decreasing CO2 emissions and costs.”
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About FuelPositive Corporation
FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable “cradle to cradle” clean energy solutions, including carbon-free ammonia (“NH3”), for use across a broad spectrum of industries and applications. By focusing on technologies that are clean, economically advantageous/realizable and that leverage existing infrastructure, the company aims to change the course of climate change through practical solutions that can be implemented now. The company’s core technology, a modular and scalable carbon-free NH3 system, takes air, water and sustainable electricity and synthesizes it into a non-polluting chemical for multiple applications, including fertilizer for farming, fuel for internal combustion engines and a solution for grid storage. Green ammonia is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy. The company’s most recent corporate update, presented in September, can be found here. For more information, visit www.FuelPositive.com.
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