- AES-100 has been selected by the US Department of Energy (DOE) to be deployed at Hawaii Gas
- Using AES technology to recover hydrogen from stranded dilute syngas can add millions of dollars in new revenue for Hawaii Gas
- Aberdeen International is a global resource investment company and merchant bank
- AES-100 Inc. owns the exclusive rights and all intellectual property pertaining to T2M Global’s Advanced Electrolyzer System (AES-100)
- Aberdeen International Inc. (AAB) opened trading at C$0.28 per share
Aberdeen International Inc. (AAB) is pleased to share an update regarding its recent acquisition AES-100 Inc. from T2M Global.
AES-100 has been selected by the US Department of Energy (DOE) to be deployed at Hawaii Gas in order to improve the efficiency of Synthetic Natural Gas (SNG) production and the extraction of pure hydrogen (fuel-cell-ready) from a low-purity waste syngas stream.
Expected benefits include:
- Improved cost of production of natural gas for Hawaii Gas
- Reduced carbon footprint
- New revenue stream from the sale of hydrogen into rapidly growing markets for low-carbon fuel and industrial uses
President of T2M Global, Pinakin Patel, said,
“Hawaii has the highest electricity prices in the USA (30 to 40 cents/kWh). Recovering hydrogen from stranded dilute syngas can add millions of dollars in new revenue for Hawaii Gas and make it electricity-independent. It will also provide much-needed hydrogen for a growing fleet of fuel-cell vehicles in Hawaii, as well as forklifts provided by Plug Power Inc.”
The project is expected to open additional opportunities for AES-100 to address the $50 billion worldwide dilute syngas-to-hydrogen market.
Hawaii Gas currently produces natural gas from the cracking of naphtha (an oil derivative); the natural gas is then consumed by over 1 million customers in heating, cooking, and energy applications.
During the production of natural gas, there is a resulting low-purity hydrogen waste stream (syngas). Using the modular AES technology, Hawaii Gas will be able to improve the quality, energy, and emissions intensity of existing natural gas production.
The DOE-sponsored project is intended to prove AES-100’s capabilities as a scalable solution to improve plant efficiencies and reduce carbon emissions.
Aberdeen International is a global resource investment company and merchant bank focused on small capitalization companies in the rare metals and renewable energy sectors.
AES-100 Inc., an Aberdeen portfolio investment, owns the exclusive rights and all intellectual property pertaining to T2M Global’s Advanced Electrolyzer System (AES-100) for the production of hydrogen from dilute syngas.
Aberdeen International Inc. (AAB) opened trading at C$0.28 per share.