A technology that produces cleaner, greener natural gas moved one step closer to commercialization today. Sustainable Development Technology Canada (SDTC) announced that the CarbonSaver project led by Atlantic Hydrogen has reached completion.
“By investing in this project, our Government is providing opportunities for economic growth while offering innovative solutions to help protect our environment,” said the Honourable Greg Thompson, Minister of Veterans Affairs. “The completion of this project is further proof of how we are working to accelerate key investments in Canada’s infrastructure in order to create jobs and help stimulate our economy.”
“SDTC is proud to have helped move Atlantic Hydrogen’s promising technology closer to market,” said SDTC President and CEO Vicky Sharpe. “It is crucial that Canada continues to support clean energy technologies like the CarbonSaver so that they can get to market and have a positive impact on our environment as well as our economy.”
SDTC contributed $2.1 million to the four-year, $6.8 million project to support the development and demonstration of the CarbonSaver project. The project demonstrated a technology that feeds hydrogen-rich natural gas as fuel for internal combustion engines in a combined heating and power (CHP) generation application. The CarbonSaver technology also removes the carbon in solid form rather than return it to the atmosphere as carbon dioxide, therefore reducing greenhouse gas emissions and creating a byproduct of potentially useful commercial value.
“Funding from SDTC has supported the further development and demonstration of our CarbonSaver technology,” said David Wagner, President and CEO of Atlantic Hydrogen. “This support has helped pave the road to commercialization of our exciting green technology.”
From here, Atlantic Hydrogen plans to demonstrate the next generation of their CarbonSaver technology in larger applications to replace the use of natural gas (NG) in compressor stations and vehicles as well as heat and power for residential, energy and industry markets. By reducing the carbon content of natural gas, large users can reduce their carbon footprint by decreasing their carbon dioxide and nitrogen oxide emissions. In some areas, they will earn carbon credits and participate in carbon trading.
Sustainable Development Technology Canada (SDTC) is an arm’s-length foundation which has received $1.05 billion from the Government of Canada as part of its commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels. SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate. For more information, please visit www.sdtc.ca.
Atlantic Hydrogen Inc. (AHI) is a New Brunswick-based company preparing to commercialize its environmentally friendly energy technology, the CarbonSaverTM. This technology reduces the carbon content of natural gas, which makes it a cleaner burning fuel. AHI expects that the successful demonstration of the made-in-Canada CarbonSaverTM technology will lead to a commercially viable bridge to the sustainable clean energy promise of the global hydrogen economy. For more information, please visit www.atlantichydrogen.com