GreenPoint Renewables LLC

Why Hydrogen

"The time is ripe to tap into hydrogen’s potential contribution to a sustainable energy system." IEA

Why Hydrogen?

H2 Zero-Carbon

No CO2 is generated in use/combustion

H2 Is The Lightest Element

H2 is the lightest element in the universe and energy density and has high (gravimetric) energy density

H2 Can Be Stored

H2 can be stored for weeks, months or years. It can be transported over long distances via pipeline or truck carrier or oceangoing vessel

Able To Reduce CO2 Emissions

Able to reduce CO2 emissions of large industry including steel, glass, chemicals, transportation, and power generation

All H2 Burns The Same

All H2 burns the same, how it is manufactured is the key difference

H2 Wins at Energy Storage. Zero Carbon and High Heat Value

Energy Comparison: Lower Heat Value MJ/kg

Source: National Institute of Standards and Technology

“Hydrogen and hydrogen-based fuels can play an important role in the decarbonization of sectors where emissions are hard to abate.” IEA

GreenPoint Renewables LLC's Focus is Low- and Zero-Carbon H2

H2 Plays a Critical Role in the Net Zero Future

Global Hydrogen Demand - IEA Net Zero Forecast (million tons per year)

Source: IEA - Net Zero 2050

Chart conventions

  • Refining
  • Industry
  • Transport
  • Power
  • Ammonia Fuel
  • Synfuels
  • Buildings
  • Grid Injection

Hydrogen is a zero-carbon energy carrier and is hailed as the future of zero-carbon fuels. Hydrogen has a high heat value, is the lightest element, can be stored for months and can be transported over long distances – attributes that make it an attractive feedstock for many industrial uses. GreenPoint Renewables LLC develops large scale hydrogen projects to decarbonize both current industry and future applications including:

Refining

Chemical

Agriculture

Mining/mineral processing

Power plants

Steel

Cement

Glass

Low carbon fuels

Power generation and storage

Transportation

….and many more

Source: BloombergNEF
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