HYDROGEN ENERGY
Hydrogen is an energy solution offering various environmental, agricultural, and economic benefits. It is a versatile energy carrier that functions as a green energy source and feedstock for many industries. Due to its high volumetric energy density, it is stored and transported in high-density liquid or gaseous states, allowing easy combustion or use in fuel cells to provide power and heat.
Atlantic Energy and Infrastructure recognizes the significance of hydrogen energy in the global energy transition. It actively engages in developing hydrogen production plants, inclusive of green, yellow, blue, gray, and pink hydrogen production plants. It also develops the infrastructures required for safe storage and transmission of hydrogen at industrial scales.
AEI's primary focus is to supply the required power for hydrogen production in-house by either equipping dedicated conventional and renewable power generating plants or consuming surplus power from its other power plants.
AEI considers a similar integrating strategy when it comes to supplying the required feedstocks and decarbonizing solutions for green, gray, and blue hydrogen production. It benefits from its in-house capacity in supplying natural gas and service water as well as its carbon capture and storage (CCS/ CCUS) facilities.
The above strategies help considerably mitigate supply risks associated with hydrogen production. Nonetheless, AEI undertakes other viable hydrogen development opportunities where outsourcing the procurements of the required utilities/feedstock and CCS/ CCUS facilities is deemed feasible and/or more economically viable.
Concerning hydrogen distribution, AEI establishes the necessary infrastructure for transmitting hydrogen to consumers by developing dedicated pipelines or in the form of H-Blend through repurposing existing natural gas pipeline facilities. As for storage, it creates the facilities for hydrogen storage in liquefied and compressed states.
Effective management of the risks associated with hydrogen energy projects, especially the supply and offtake risks, is of paramount importance. Furthermore, the profit margins of hydrogen production plants are directly proportional to their output and efficiency. Therefore, AEIs' approach in this field is to invest in projects with strong supply and offtake agreements and employ state-of-the-art technologies and equipment that maximize the output and efficiency of hydrogen production facilities while optimizing the required utilities and feedstocks.