Hyamtec, a new hydrogen company in the UK, has been launched by AFC Energy plc to introduce cutting-edge modular ammonia cracking technology. The company aims to produce on-site, on-demand hydrogen at a significantly lower cost compared to traditional methods of delivery. This technology will focus on displacing natural gas in heavy industrial sectors that contribute to a significant portion of global carbon emissions.
The target markets for Hyamtec in the UK alone represent a £40 billion market. The company will focus on producing hydrogen-rich combustible fuel gas for industrial heat generation, converting large combustion engines to use ammonia for power generation, marine, and mining purposes, as well as producing modular purified hydrogen for fuel cells and transportation.
Hydrogen is seen as the key solution for decarbonizing heavy industry, with green hydrogen plants expected to dominate new capacity. By 2030, it is estimated that up to 20% of globally produced hydrogen will be green. However, the challenge lies in storing and transporting hydrogen efficiently, as it can be difficult and costly. This is where Hyamtec’s technology comes in, offering a cost-effective and efficient solution to industrial decarbonization on a large scale.
Dr. Mike Rendall, Managing Director of Hyamtec Limited, emphasized the company’s focus on accelerating the decarbonization of industry through ammonia and their innovative technologies. With a significant amount of money spent annually on natural gas by industrial users in the UK, the global potential to replace fossil fuels with ammonia is immense. Hyamtec aims to support the rapid decarbonization of the world’s hardest-to-abate sectors and is looking forward to announcing its first commercial deals soon.
In conclusion, Hyamtec’s launch marks a significant step towards achieving sustainable industrial practices through innovative hydrogen technologies. The company’s focus on ammonia cracking technology and on-site hydrogen production brings a cost-effective and efficient solution to industrial decarbonization efforts. As the world moves towards a more sustainable future, companies like Hyamtec play a crucial role in driving the transition to cleaner energy sources and reducing carbon emissions on a global scale.