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Korea-based SK innovation has invested $30 million in ammonia-based gasoline cell startup Amogy (earlier put up); the 2 additionally signed a memorandum of understanding (MoU) on technical cooperation, and agreed to cooperate to develop ammonia-based gasoline cell system expertise and increase the market.
Amogy, established in 2020, is concentrated on producing an ammonia-based gasoline cell system and making use of it to industrial transportation. Main shareholders embody Amazon and British hydrogen business funding agency AP Ventures.
Amogy has accomplished an illustration take a look at ofan ammonia-based gasoline cell system in a 5kW-class drone and a 100kW tractor, and plans to use the expertise to vehicles and ships by subsequent yr. Amogy plans to develop a 500kW ammonia-based gasoline cell that may be mixed to generate as much as 500 MW.
Amogy Tractor. Picture Credit score: Bryan Banducci
SK Innovation stated it made this funding is as a result of ammonia could be the important thing to vitalizing the eco-friendly hydrogen financial system. The event of hydrogen gasoline cell expertise that produces electrical energy by injecting hydrogen as a gasoline is lively worldwide. Nonetheless, the effectivity of the method of storing and transporting liquefied hydrogen at ultra-low temperatures to the place will probably be used remains to be an issue.
Ammonia affords a possible resolution. As a result of ammonia is a compound of hydrogen and nitrogen, it may be used as a gasoline to provide electrical vitality if hydrogen is extracted by way of a separate course of. It has the benefit of low vitality consumption and low carbon emission.
When transporting 1 kg of hydrogen from Australia to Korea, the price of liquid ammonia is $1.7—half that of liquid hydrogen ($3.4). Liquid ammonia additionally has the benefit of having the ability to include extra hydrogen in the identical area than liquid hydrogen. have. As of 2017, 180 million tons of ammonia are produced worldwide and the worldwide transport scale is eighteen million tons.
SK Innovation believes that Amogy’s ammonia-based gasoline cell system expertise has a excessive potential for commercialization within the related market. Amogy’s ammonia-based gasoline cell system integrates an ammonia tank, an ammonia reformer (hydrogen extraction) and a hydrogen gasoline cell in a compact kind issue.
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