FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) recently announced the findings of a study it had commissioned in early 2021. Conducted by emissions reduction and carbon credit specialist Andre Mech, the study revealed that Canada generates sufficient green electricity today (hydroelectricity, solar and wind) during off-peak demand hours to produce enough carbon-free ammonia (“NH3”) to power 100% of the needs of passenger aviation, bus, and rail and freight aviation, trucks and marine transport. The study also revealed that the country produced enough off-peak green electricity to provide carbon-free NH3 fuel to power 63% of all passenger and freight vehicles, including motorcycles, rail, aviation, buses and trucks. According to Fuel Positive CEO Ian Clifford, switching from fossil fuels to carbon-free NH3 offers a viable, economical strategy for Canada’s transportation sector as the country adopts new practices to address climate change. A recent article reads, “According to the study’s author, Andre Mech, the analysis outlines the opportunities and needs at the provincial and national levels, which shows that suppliers and consumers exist. That, he notes, tells us that there is a market for green ammonia within Canada itself.”
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About FuelPositive Corporation
FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable “cradle to cradle” clean energy solutions, including carbon-free ammonia (“NH3”), for use across a broad spectrum of industries and applications. By focusing on technologies that are clean, economically advantageous/realizable and that leverage existing infrastructure, the company aims to change the course of climate change through practical solutions that can be implemented now. The company’s core technology, carbon-free NH3, takes air, water and sustainable electricity and converts it to a non-polluting chemical for multiple applications, fertilizer for farming, fuel for internal combustion engines and a solution for grid storage. It is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy. For more information, visit www.FuelPositive.com.
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