H2 View understands that the new business will be capable of producing on-demand hydrogen at “just 10% of the cost of truck-delivered hydrogen.”

Hyamtec is expected to prioritise natural gas displacement in the UK industry and electricity generation. It will target three key areas including industrial heat generation; ammonia conversion of large combustion engines for power generation, marine and mining; and modular purified hydrogen production for transportation.

Over 60% of global emissions come from the hard-to-abate heavy industrial sectors. To address this, Hyamtec wants to provide its ammonia cracker technology, which has a “proven ability to integrate with ammonia combustion engines and deliver ISO-grade hydrogen for us.”

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“Hyamtec is focused on fast-tracking the decarbonisation of industry through ammonia and our ammonia cracking technologies,” explained Dr. Mike Rendall, Managing Director of Hyamtec.

“With over £40bn spent per annum on natural gas by industrial users in the UK alone, the global opportunity to displace fossil fuels in industry with ammonia is immense.

“We look forward to partnering with industry to support the rapid decarbonisation of the world’s hardest-to-abate sectors and to announcing Hyamtec’s first commercial deals soon.”