Clean fuels, such as ammonia, hydrogen, and methanol, are sustainably produced using renewable electricity for all electricity requirements, resulting in very low or zero carbon intensity throughout their production cycle and use. Additionally, any CO2 that may be generated during production will be sequestered, and if CO2 is required for production, it will be obtained from a sustainable source.
Clean fuels such as ammonia, hydrogen, and methanol are sustainably made from renewable electricity.
The race is on for the world to achieve net zero by 2050 to mitigate the adverse impacts of climate change caused by carbon emissions. Clean fuels can decarbonize major greenhouse gas generating industries by providing a zero-carbon replacement for difficult to abate sectors such as transoceanic transportation where batteries are not practical.
Low-Cost, Reliable, and Stable Supply
Offtakers committed to use clean fuels require a low-cost, reliable, and stable supply. Texas Green Fuels expects to become one of the world’s lowest-cost producers of clean ammonia, hydrogen, and methanol given Texas’ abundant, low-cost renewable energy, developed infrastructure, competitive, skilled workforce, and lower construction costs relative to other parts of the world.
Texas Green Fuels’ Galveston Bay clean fuels export complex represents over $1 billion in investment and is expected to generate 1000 peak construction jobs and 40 full-time family-wage operations jobs.
Texas Green Fuels’ significant infrastructure development will enlarge the surrounding communities’ property tax base, thus contributing to expanding the local economy.
After the initial development phase, there is potential to expand capacity, generating more significant positive economic and environmental benefits.
Texas Green Fuels’ top priority is the health and safety of its employees and the community. Operating safely is the cornerstone of Texas Green Fuel’s business philosophy. Global industry best practices and state-of-the-art safety measures will be embedded in Texas Green Fuel’s facility design, construction, and operations to meet or exceed industry standards for the safe production, handling, and storage of clean fuels.
Safety is fundamental to Texas Green Fuels’ plant design and engrained in our culture. We will conduct a Quantitative Risk Assessment, Hazard and Operability Study, and Failure Mode and Effects Analysis to identify and mitigate risks during project planning and design. We will implement rigorous training programs and implement best practice safety policies and procedures.
Like all industrial products, clean fuels are safe when handled properly and have a track record of being safely produced and transported worldwide.
Clean fuels will facilitate global net zero goals by providing clean fuel for shipping and power generation and decarbonizing the traditional ammonia markets. The market for clean fuels is expected to exceed 500 MTPA by 2050.
Offtakers need to have assurances that the clean fuels they procure are, in fact, net zero or have a specified low carbon intensity. Texas Green Fuels is consulting with global certifying and disclosure organizations to measure, report, and verify (“MRV”) requirements for clean ammonia, hydrogen, and methanol.
Clean ammonia is considered the most efficient carrier of hydrogen energy since it has greater energy density than hydrogen, does not require extremely low temperatures to store it as a liquid, and is more easily transported by ship.
Combusting ammonia will generate NOx. Exhaust products will be passed through selective catalytic reduction (SCR) converters to convert any NOx into nitrogen and water vapor.