The Fuel Of The Future That's 9 Times More Efficient Than Lithium
FN Media Group Presents Oilprice.com Market Commentary
LONDON, June 10, 2021 /PRNewswire/ -- The worldwide shift toward cleaner, greener energy sources once again appears to be picking up speed. While the world's focus on climate change understandably took a backseat to the Covid-19 pandemic for most of the past 18 months, that focus on climate change has started to return in a powerful way. Mentioned in today's commentary includes: Ford Motor Company (NYSE: F), Honda Motor Co., Ltd. (NYSE: HMC), General Motors Company (NYSE: GM), ChargePoint Holdings, Inc. (NYSE: CHPT), Blink Charging Co. (NASDAQ: BLNK).
In fact, our transition into a post-pandemic environment is triggering a number of significant opportunities in the green energy space. Much of the early attention of the clean energy movement was focused on lithium thanks to the heavy attention paid to the electric vehicle markets. But a stark reality has emerged for lithium in that it has become increasingly obvious that lithium may not be able to provide enough power to support a full transition of heavier industries to clean and sustainable energy sources.
Many of these "heavy" industries – including the maritime and shipping industries – have already begun to search for alternatives that can help power a sustainable future. One of those alternative energy sources – which appears to have the potential to provide a tremendous amount of industrial power – may be something you had never considered: ammonia.
Ammonia Could Be a key "Fuel of the Future"
The experts at Chemical & Engineering News have called ammonia a fuel of the future that may be "a perfect commodity for a future hydrogen economy." And one company could emerge as a leader in the rapidly-growing Green Ammonia space…
Offering early exposure and a possible first-mover advantage for investors. That company is AmmPower (AMMP; AMMPF).
AmmPower is a Canadian company aiming to provide large and medium sized ammonia producing units for industry, manufacturing, heavy equipment operators, maritime and shipping.
In other words, AmmPower is looking to positioning itself as an early leader in supplying Green Ammonia to those industries that need it most. And make no mistake – the global ammonia industry is at this very moment in the early stages of a potentially massive growth phase thanks to ammonia's extraordinary potential as a clean energy alternative.
Ammonia May Hold 9 Times the Energy of Lithium-Ion Batteries
Before diving into what we think are AmmPower's (AMMP; AMMPF) bold steps forward in this rapidly-growing industry, let's take a step back to examine ammonia's potential as an energy source.
Ammonia, of course, is a compound made of nitrogen and hydrogen – with a chemical formula of NH3. It is produced naturally in the human body and in nature – in water, soil and air...even in tiny bacteria molecules. Of course, ammonia's main use – at least at the present time – is in fertilizer. But it may be rapidly emerging as a potentially game-changing source of clean energy.
Chemical & Engineering News reports that, "ammonia could come to the (climate change) rescue by capturing, storing, and shipping hydrogen for use in emission-free fuel cells and turbines. Efforts are also underway to combust ammonia directly in power plants and ship engines."[i]
The potential for ammonia to play a significant role in the global transition to cleaner energy sources appears to be gaining recognition on a wider scale. The industry analysts at Fior Markets project that the global ammonia market is expected to continue its growth, reaching a potential USD $81.42 billion by 2025.
In addition, a joint venture in oil-rich Saudi Arabia has announced plans to invest $5 billion into a hydrogen-based ammonia facility powered by renewable energy…And an Oman-India JV has announced plans for a $2.5 billion green ammonia project in the Duqm SEZ.
Ammonia's Potential in the Marine Industry
The global marine industry is a large, readily available market that has already begun turning to ammonia to help meet its energy needs. Ship owners and industry analysts alike say they expect ammonia may play a pivotal role in the de-carbonization of cargo ships, which aim to reduce emissions by 50% from 2008 levels by 2050.
The future of energy for the global shipping industry looks clear – and it could be heavily dependent upon ammonia. With a commitment to significant reduction in carbon emissions, that means the clock is ticking.
Ammonia's potential as both a fuel source and as a way to transport hydrogen means that investors could see significant opportunities in those companies who establish early leadership positions in the ammonia space. And that's precisely what AmmPower (AMMP; AMMPF) is aiming to do.
Developing Effective, Efficient Production of Green Ammonia
So, what steps are they taking that could help establish the company as an early mover in the rapidly-growing ammonia market? AmmPower is working on the development of a potentially proprietary technology to produce "green ammonia," a potential carbon-free energy source. The company's research and development team has already begun its important work toward the development of a proprietary production process for green ammonia.
AmmPower's R&D team is led by Dr. V.I. Lucky Lakshmanan Ph.D., FCAE., MIMM., FCIM and has an experienced track record. They are aiming to develop intellectual property and file patents in the areas of Green Ammonia units, retro-fit technology and an optimized chemical production process for green ammonia.
AmmPower (AMMP; AMMPF) is already making major moves in the space. In addition to searching for a manufacturing facility in Michigan…This facility could offer large manufacturing capabilities and large power capacity for onsite ammonia production and experimentation.
In addition, the facility may be able to physically expand into larger manufacturing space as required by customer demand and scientific success. The company's research and development was further enhanced by the recent announcement of an R&D agreement with Process Research Ortech, Inc.
As part of this partnership, AmmPower will work with Ortech to explore possible techniques to improve the efficiency of ammonia synthesis process by incorporating new additives and catalysts to the production process and testing different methodologies to improve ammonia formation conditions.
In doing so, they hope to develop a cleaner and more economically efficient ammonia production process. With critical research and development work already starting, we think AmmPower is moving quickly to take advantage of the potential for Green Ammonia as a significant clean energy source.
Hydrogen Is Fueling The Future Of Transportation
Major automakers haven't been able to ignore the green energy revolution, either. Ford (F) especially. Ford's most exciting venture into alternative transportation has definitely been in its EV investments, including plans to create an electric cargo van and the launch of a plug-in version of their bestseller F-150 pickup truck. While Tesla's still-to-be-released Cyber Truck boasts higher specs, the announcement of the iconic F-150 electric model has been very well received, and it has been reflected in Ford's stock price.
That's not all Ford is doing, however. It's also on the cusp of innovation on hydrogen, as well. In fact, it has even unveiled the world's first-ever fuel cell hybrid plugin electric vehicle, the Ford Edge HySeries.
Honda Motors (HMC) is another car company that's well recognized across the globe. It was founded by Soichiro Honda in 1948. They are an international corporation with their headquarters located in Tokyo, Japan. Honda Motors has been ranked as one of the world's most valuable automobile manufacturers since 2011 and has produced more than 25 million cars worldwide.
Though Honda doesn't capture as much of the fuel cell market as Hyundai or Toyota, it's still worth keeping an eye on. As the third-largest producer of hydrogen vehicles, it stands to win big as even more money flows into this exciting new industry. Especially with President Joe Biden's up-coming multi-trillion-dollar green energy push.
General Motors (GM) is one of the world's most well-recognized and popular auto manufacturers, and they are now branching out into manufacturing electric cars. Though General Motors has been around for a long time, this new venture is an exciting step in their company's history. They are working hard to create cars that are environmentally friendly and will offer drivers a better overall driving experience.
General Motors is set to invest $27 billion in EVs over the next five years. It used the Superbowl for its breakout. Now, it's mainstreaming them as the all-American car choice. And that's just the beginning.
At this point, the demand for electric vehicles has been ramping up steadily for years. But as we're approaching the tipping point, we've seen a major problem take shape. And that's where Chargepoint (CHPT) comes in, one of the largest charging station networks in the country.
This leading EV infrastructure player went public just a few months ago through one of the market's hottest trends. That made them the first EV charging stock to have gone public via a reverse merger with a special purpose acquisition company, or SPAC. When it comes to the supercharged Level 2 EV charging stations, ChargePoint is the clear leader in the industry.
The boom in electric vehicle success has also fueled a boom in other EV-related companies. Blink (BLNK), for example, an electric vehicle charging company, has risen by over 300% in just a few months, and the sky is the limit for this up-and-comer. Blink Charging really is a mature company, having been around since 1998. Its unique proposition is that many of the company's charging stations are found in practical locations, such as airports and hotels, making it convenient for drivers to charge up while waiting on flights or in their rooms.
Blink has also been particularly active inking new deals, including 26 dual-port Level 2 IQ 200 EV charging stations at key Burger King locations across the Northeast; 20 Blink-owned IQ 200 electric vehicle charging services with Illinois' Blessing Health, and an exclusive seven-year agreement with Lehigh Valley Health Network for the former to own and operate charging stations across the health network's extensive portfolio of locations.
By Rick Sidthorp
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Forward-Looking Statements
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the global demand for ammonia and hydrogen as commodities will continue to increase; that the research and development in the energy sector will lead to adoption of hydrogen and ammonia as commercially viable fuel sources for the automotive, aircraft, marine, industrial or other sectors in the future; that governments will continue to implement initiatives supporting reduced carbon emissions and that ammonia and hydrogen will gain traction and commercial viability as potential carbon-free or low carbon fuel alternatives; that AMMP will be able to develop an efficient process and proprietary intellectual property for the production of green ammonia and that AMMP's process, if developed, will be adopted commercially to allow use of green ammonia and/or hydrogen as a viable fuel sources; that AMMP will meet its proposed development program and funding milestones to develop its technology process and produce the proposed AMMP power units; that AMMP will be able to establish its proposed manufacturing facility and produce ammonia power units which will be sold as commercially viable fuel alternatives; that investors will continue to seek opportunities for investment in green technologies and that hydrogen and ammonia will be considered as viable investment opportunities in the future; and that AMMP can carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the global demand for ammonia and hydrogen may not continue to increase if other energy alternatives such as solar, wind or hydroelectric are favored over ammonia and hydrogen; that the research and development in the energy sector may lead to rejection of hydrogen and ammonia as commercially viable fuel sources for the automotive, aircraft, marine, industrial or other sectors in the future, and that research may find that other fuels or energy sources provide safer, more cost efficient and/or more viable fuel alternatives; that governments may not implement the anticipated funding and initiatives to support reduced carbon emissions sufficient for ammonia and hydrogen to gain necessary traction or commercial viability as fuel alternatives; that AMMP may be unable to develop an efficient process or any unique proprietary intellectual property for the production of green ammonia or, even if developed, may ultimately fail to be adopted as commercially viable for various reasons; that AMMP may be unable meet its proposed development timeline and funding milestones to develop its technology process and produce the proposed AMMP power units; that AMMP may be unable to establish its proposed manufacturing facility and produce ammonia power units, or if such units are developed, that they may not be sold as commercially viable fuel alternatives; that investors favour other clean energy opportunities than hydrogen and ammonia or that other fuel alternatives such as solar, wind and hydroelectric may be considered more commercially viable; and that AMMP may, for any number of reasons, fail to carry out its intended business plans. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
DISCLAIMERS
This communication is for entertainment purposes only. Never invest purely based on our communication. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively, "Oilprice.com") are being paid ninety thousand USD for this article as part of a larger marketing campaign for AMMP. In addition, AMMP has issued 500,000 restricted stock units to Oilprice which will unconditionally convert to common shares after 4 months. The information in this report and on our website has not been independently verified and is not guaranteed to be correct.
SHARE OWNERSHIP. The owner and affiliates of Oilprice.com own shares and/or other securities of AMMP and therefore have an additional incentive to see the featured company's stock perform well. Oilprice.com is therefore conflicted and is not purporting to present an independent report. The owner and affiliates of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. Oilprice.com is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation, nor are any of its writers or owners.
ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.
DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.
FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact e-mail: [email protected]
U.S. Phone: +1(954)345-0611
SOURCE: Oilprice.com
SOURCE Oilprice.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article