Neology: Unlocking carbon-free energy for commercial transportation
Channel: Venturelab TV
Date: 2023-05-30

Meet Neology's founder Aris Maroonian and co-founder Ruben Feldman developing a carbon-free energy solution for heavy-duty commercial transportation. With its innovative thermochemical ammonia-cracking device, ammonia can be turned into hydrogen for use in fuel cells and power a cleaner, greener future. 

There is a growing need for renewable and carbon-free fuel cells, particularly in the transportation industry, which is responsible for 10% of global greenhouse gas emissions, half of which stems from commercial transportation. Hydrogen is expected to play a central role in the transition to renewable energy in the coming years; however, hydrogen gas comes with challenges of low energy density as well as complex and costly distribution infrastructure which affect the scalability of production and storage solutions.

Neology is addressing the lack of large-scale, long-lasting, and clean energy solutions, leveraging liquid ammonia as a carbon-free and readily available hydrogen energy carrier. Ammonia's properties make it an exceptional candidate for use in energy storage: it is carbon-free, has a high volumetric energy density (3.5x times of hydrogen gas), and can be stored in liquid form at low pressure (10 bar) and ambient temperature.

Read the full article here: https://www.venturekick.ch/Neology-wins-CHF-150000-to-develop-novel-solution-for-carbonfree-energy-supply

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