{"id":33172,"date":"2023-05-23T10:05:17","date_gmt":"2023-05-23T09:05:17","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=33172"},"modified":"2023-05-23T10:05:17","modified_gmt":"2023-05-23T09:05:17","slug":"green-hydrogen-combat-climate-change","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/green-hydrogen-combat-climate-change\/33172\/","title":{"rendered":"Green hydrogen to combat climate change"},"content":{"rendered":"

Gorden Glenn, Chairman, President & CEO of Minnova Corp<\/a>, details its green hydrogen strategy, innovative technology, and production processes and highlights the role that green hydrogen can play in the energy transition.<\/h2>\n

Combating climate change is a global initiative supported by policymakers, regulators, investors, and consumers all making a concerted effort to reduce greenhouse gases (GHGs) and specifically carbon (CO2<\/sub>) emissions. Green hydrogen is widely viewed as a key energy vector to accomplish this.<\/p>\n

Green hydrogen made from renewable resources can be used directly as an energy source or can be transformed into so-called \u2018hydrogen carriers\u2019 such as ammonia (NH3<\/sub>) or methanol (CH3<\/sub>OH) \u2013 both of which have established markets and are in wide use today.<\/p>\n

Over 30 countries have released hydrogen roadmaps, and many more countries are working on their hydrogen and energy transition strategies. Considering the positive outlook for green hydrogen demand, this is exactly the time for smaller, innovative companies, like Minnova Renewable Energy<\/strong>, to look closely at this global market opportunity and possibly even displace larger, more established companies.<\/p>\n

This is the opportunity we are presenting to investors seeking innovation, green energy, and growth.<\/p>\n

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Fig. 1: Overview map of the countries activities towards developing a hydrogen strategy and Minnova Renewable Energy Development Projects<\/figcaption><\/figure>\n

Seizing the green hydrogen market opportunity<\/h3>\n

Minnova Renewable Energy is a wholly owned subsidiary of Minnova Corp. (MCI:TSXV) and was established to take a leadership position in developing new green hydrogen production capacity in Canada and around the world via multiple green hydrogen production pathways.<\/p>\n

First, we are rapidly advancing our innovative third-generation biomass gasification technology to produce a high hydrogen content (>50% H2<\/sub>\u00a0by volume) clean syngas with negligible tars, nitric oxide (NOx) and sulfur oxide (SOx).<\/p>\n

Our second green hydrogen initiative is located in the City of Flin Flon, Manitoba, where we are working closely with MB Hydro, the provincial utility, to develop large-scale green hydrogen production via conventional electrolysis methods.<\/p>\n

Both initiatives are encouraged by local community and all levels of government who are committed to reducing CO2<\/sub>\u00a0emissions through policy and financial incentives. We believe the energy transition will drive economic development opportunities associated with broader adjustments in local, national, and international green energy supply chains.<\/p>\n

Sustainable biomass to power the global energy transition<\/h3>\n

Biomass qualifies as renewable energy because CO2<\/sub>\u00a0emissions are net zero against CO2<\/sub>\u00a0removed from the atmosphere from new biomass growth. Furthermore, the process can be carbon negative if coupled with carbon capture, utilisation, and long-term storage.<\/p>\n

Power generation from biomass is not new and represents 6% of global energy supply. First- and second-generation biomass reactor technologies generate heat to produce steam that, in turn, drives a turbine to generate electrical power. These systems are inefficient compared to our third-generation gasifier design.<\/p>\n

Our gasification technology is designed to produce a high hydrogen content syngas. It is a step change in gasification technology and opens a wide range of commercial green energy\/chemical production opportunities on a worldwide basis, ranging from:<\/p>\n