The UK and Australian Governments have awarded a combined £480,000 ($610,400) to a consortium looking to reduce renewable methanol costs with efficient green hydrogen production.
HAMR Energy and Supercritical Solutions’ project plans to demonstrate high efficiency and high-pressure green hydrogen production could reduce renewable methanol costs by up to 20%.
In the first stage, the pair will deliver a techno-economic feasibility study looking at the integration of high-pressure hydrogen from UK-based Supercritical’s electrolysers into HAMR’s hybrid methanol plant design.
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