Element 1 and NEXA Capital team up

Methanol is well known for its properties as a hydrogen carrier because a given volume of methanol carries more recoverable hydrogen fuel than an equivalent volume of liquid hydrogen. Compared to conventional fuels, renewable methanol produced from biomass, wind and other processes cuts CO₂ emissions by up to 95%, reduces nitrogen oxide emissions by up to 90%, and completely eliminates sulfur oxide and particulate matter emissions.

Element 1 possesses one of the world’s only scalable methanol-to-hydrogen generators and is the global leader in small-scale to medium-scale solutions for both fuel cell stationary power and fuel cell HD mobility. Its technologies apply to hydrogen refuelling stations (HRS), as well as onboard hydrogen generators (trucks, trains, marine vessels, and, in the near future, aircraft). Element 1’s methanol-reforming products are scalable, reliable, and affordable, and are accelerating the adoption of fuel cell solutions globally by solving the ‘hydrogen challenge’.

The companies will begin moving this technology into the aerospace manufacturing supply chain immediately, and through their newly formed partnership are expected to tap policies and funding from the recently enacted US$1.2 trillion Infrastructure Investment and Jobs Act (HR 3684). The legislation calls for the development of a sector-by-sector national strategy and roadmap to facilitate a clean hydrogen economy. HR 3684 explicitly mentions methanol as a practical hydrogen carrier.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/30112021/element-1-and-nexa-capital-team-up/