Storelectric’s Green Hydrogen Patent for its invention, a Hybrid CAES (Compressed Air Energy Storage) / Hydrogen Energy Storage System has been granted in the United Kingdom. What does this give them? We estimate it gives them control of 50% of the green hydrogen market in the United Kingdom. The US, EU, China and Canada are patent pending, with other patents due for submission for ROR. The patent does not in any way cover Grey or Black Hydrogen, but this hydrogen is produced using fossil fuels and thus produces emissions. Presently most of the global market for Hydrogen is grey or black hydrogen, [...]
Read MoreGreen Hydrogen Energy Storage, now considered leading technology for energy storage. Considerably more efficient and cost effective than lithium battery storage. Storelectric, another success story from 350 PPM's portfolio, presents a game changer patent for Green Hydrogen Energy Storage. Specifically, the patent combines 3 sources of existing vectors of energy. It brings together renewable electricity, green hydrogen and industrial waste heat in a new way. This allows hydrogen storage at a global scale. Not to mention the elimination of fossil fuels. Furthermore, the technology makes use of the disused, stranded assets of the fossil fuel and plastics industries. In this way, [...]
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