Their process could potentially deliver significant savings for global hydrogen producers, as well as providing clean hydrogen that can be used in a range of clean energy applications, as well as in large existing chemical processing industries. Big markets.
It's really this 'clean' aspect that is interesting here.
As you said hydrogen has the potential for application in clean electricity, cell-powered vehicles, domestic solar power storage batteries and synthetic fuels.
However, its current use as a fuel is constrained by production methods that emit high levels of CO2 as a by-product. So to produce Hydrogen for these 'clean' applications you also create CO2 which is counter intuitive.
To give some context... CO2 emissions per tonne of Hydrogen vs coal gasification produces 18% CO2, partial oxidation produces 30% and steam methane reform produces 48% CO2.
The key difference in the Hazer Process over alternative hydrogen production processes is that the carbon content of the natural gas feed (which is over 75% of the total feedstock) is captured as graphite, rather than converted into carbon dioxide.
So this gives Hazer the potential to produce cheap, clean, low emissions hydrogen.
Then you have the Graphite...
HZR Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
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