Owen Sound Green Hydrogen Company Gets Grant From Gas Industry
Image from Company Website
Owen Sound based company Hydrogen Optimized has received a grant from Canada’s natural gas industry association to advance large-scale green hydrogen technology.
The $300,000 grant from the Natural Gas Innovation Fund (NGIF) is intended to support a $900,000 project to demonstrate the company’s patented RuggedCell water electrolyser in large-scale Green Hydrogen production under solar panel, simulated wind turbine and intermittent electrical grid conditions.
Hydrogen Optimized President and CEO Andrew T.B. Stuart says in a statment, “The funding will help us obtain critical data on the performance of RuggedCell electrolysers in conjunction with unstable renewable electricity sources and, ultimately, to achieve our goal of driving down the cost of producing Green Hydrogen at scale. It will also help us support the work of Canada’s natural gas industry to reduce the carbon emissions intensity of natural gas.”
John Adams, President and CEO of NGIF Capital Corporation says, “Next-generation hydrogen technologies including Hydrogen Optimized’s high-current water electrolyser can enable the production of hydrogen that can be blended with natural gas and ultimately lower its emissions profile.”
A release adds, green hydrogen when reacted with CO2, can produce renewable natural gas (RNG) through the methanation process.
Hydrogen Optimized’s production systems are targeted to major industrial, chemical, utility and energy end users.
NGIF Industry Grants fund startups developing solutions to environmental and other challenges facing Canada’s natural gas sector.
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