This $80,000,000 deal could change how we fuel the world's most vital industries
Companies and scientists are constantly searching for new ways to generate and utilize green power amid the growing climate crisis, and one company with $80,000,000 of funding behind it might have found the perfect answer.
Experts have warned that the world is quickly approaching a climate tipping point where the devastating consequences and effects of global warming would become irreversible, so many are trying to find ways to stop that before it happens.
Traditional green energy routes like wind, solar, and nuclear power aren't always viable, and controversial experiments that involve blocking out sunlight might not prove effective in the long-term future.
However, global startup company Amogy might have provided a major breakthrough in hydrogen power generation that could solve one of the biggest issues plaguing many plants right now, and with $80,000,000 backing them it could become a reality soon enough.
Why is hydrogen used to generate power?
Hydrogen is one of the most popular sources of green energy for many power plants across the world, as it can be mixed with coal to reduce the harmfulness of burning fossil fuels.
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One of the biggest issues with the gas though is storage and transportation, as it's flammable and prone to leaking, so many opt for ammonia as a 'carrier', making the process far easier, and this is what is being used in Saudi Arabia's gigaproject 'NEOM'.
There remains still the issue that you always need to burn fossil fuels in order to use ammonia or hydrogen though, making it a complicated solution to climate issues, yet Amogy might have discovered a revolutionary method that bring about full decarbonization, as reported by TechCrunch.
What has Amogy discovered?
The company has developed a method that involves cracking three hydrogen atoms off of a single nitrogen atom, which then thrusts the hydrogen into a fuel cell, generating electricity and water vapor while releasing pure nitrogen into the air.
This process critically doesn't release any of the NOx pollution you'd typically get when using hydrogen alongside fossil fuels, avoiding the significant health issues and climate-harming effects completely.
It is currently still in the early stages, having been tested in a tug boat, but with further funding and continued development it could prove to be a major step in the right direction for the future.
The first systems produced by Amogy, which are estimated to be released in the next few years according to co-founder and CEO Seonghoon Woo, will be capable of producing between 500 kilowatts and 1 megawatt, although they can be deployed in parallel to generate more power.
It's expected that the capacity potential will only increase as the technique is refined though, and we could see Amogy's new methods play a major role in serving increasing power demands that come from things like AI data centers - including Meta's newly announced five gigawatt project, perhaps.