We are already experiencing a hydrogen boom. It is expected to grow to a $175 billion business in five years and an unfathomably large $11 trillion market by 2050.
However, there is a parallel boom underway that may be much more profitable for investors… Amazon, Microsoft, Alphabet Inc., Apple, and Hewlett-Packard are all mentioned in today’s remark.
It is compatible with hydrogen, but is more secure and efficient to store in large numbers.
It has the potential to completely demolish lithium. And it is forecast to reach $81 billion by 2025.
Indeed, this may be the second time in history that ammonia saves the Earth. The first time occurred 100 years ago, when “blue ammonia” became a critical component of fertilizer, preventing a rapidly expanding global population from starving to death. This time, it’s green, and many experts believe it will help save the planet’s climate.
Ammonia outperforms hydrogen in terms of logistics and lacks the operational constraints associated with hydrogen.
And pioneer AmmPower Corp. is pioneering green ammonia, which could be one of the most significant backdoor disruptors in the energy field in recent years.
AmmPower isn’t just interested in producing ammonia…also it’s making a significant logistics push. This is not simply a green ammonia superfuel; it is a versatile solution that mitigates risk while enhancing cost-effectiveness, efficiency, and scalability. AmmPower is developing modular, scalable, stackable green ammonia production units with the goal of targeting large markets…
AmmPower is currently in the process of obtaining a state-of-the-art manufacturing facility in Michigan that will have large-scale manufacturing capabilities, as well as research and development space and physical growth potential.
Only a few years ago, everyone believed LNG would revolutionize the transportation business. We were incorrect. Everything is going at a breakneck pace. Even the World Bank has withdrawn its support for LNG as a new marine transport fuel. Rather than that, it advocates for hydrogen and ammonia to control the seas. That is because we now have the capability to manufacture hydrogen and ammonia in both “green” and “blue” forms.
AmmPower purports to have broken the green ammonia code, led by a former NASA scientist in an industry that is rapidly approaching $80 billion. It is unlikely to remain discounted at this level indefinitely—at least not during this no-holds-barred energy transition time. Wall Street has yet to catch on. It is still on the lookout for hydrogen. That is about to change. Soon.
Amazon is one of Big Tech’s leaders in renewable energy…and it’s also betting big on the future of transportation. It’s just getting started, with a $700 million investment in Rivian, an electric vehicle startup, and a $1 billion acquisition of robo-taxi pioneer Zoox. Additionally, it has a significant interest in Beta, an electric plane firm, and ZeroAvia, a hydrogen airline. And Amazon’s investments in electric and hydrogen vehicles align with the company’s aspirational green energy aspirations.
Microsoft, on the other hand, is not ignoring the green energy drive. Not only has it joined its peers in committing to becoming carbon neutral by the next decade, but it is also pioneering innovative ways to assist other businesses in reducing their emissions. Especially with a hefty wager on hydrogen.
Mark Monroe, the principal engineer at Microsoft’s Datacenter Advanced Development Group, explaining the company’s research into hydrogen fuel cells, noted, “Our goal was to scare our engineering group as little as possible by saying that this is just a drop-in diesel generator replacement, so we don’t have to change any of the electrical design.”
Alphabet CEO Sundar Pichai explained, “We were the first major company to become carbon neutral in 2007. We were the first major company to match our energy use with 100 percent renewable energy in 2017. We operate the cleanest global cloud in the industry, and we’re the world’s largest corporate purchaser of renewable energy.”
Apple, on the other hand, is not ignoring the hydrogen explosion. Exploring hydrogen. Apple is already acquiring patents and generating new speculation on a regular basis, ranging from laptop applications to speculations of a collaboration with Hyundai. However, one element that remains constant is its dedication to a sustainable energy future.
Lisa Jackson, Apple Vice President of Environment, Policy and Social Initiatives has reaffirmed this time and time again, stating, “We support the passage of a Clean Energy Standard which we think will drive large amounts of renewable generation, or new renewable generation, and do so in a way that shows people where they need to go and what they need to get there.”
Hewlett-Packard is another computer manufacturer involved in the hydrogen industry. Indeed, it outperformed Apple. It was already leading the charge in 217, developing and testing novel and exciting methods for harnessing the power of hydrogen fuel cells to create carbon-free data centers.
“Hydrogen fuel cells lie at the heart of this strategy. These devices create energy through the electrochemical reaction between air and hydrogen. The electricity produced can be stored in batteries or used to drive an electric motor that powers a vehicle,” the company wrote on its website.