AkzoNobel Specialty Chemicals (ASC), a subsidiary of Dutch paint and coatings giant AkzoNobel, has joined a Swedish research project looking at the potential of using hydrogen to store excess renewable electricity. ASC announced its involvement in the project yesterday. The scheme will explore the potential for converting renewable electricity into green hydrogen or ‘electrofuels’ – synethetic fuels based on electricity, water, and CO2 which can form the basis of feedstock for the manufacturing of chemicals. It aims to help Sweden further its goal of relying on just renewables for electricity by 2040 by developing technology to help the country smooth peaks and troughs in generation, while also providing green manufacturing materials. Alongside the Swedish project, ASC is also collaborating with Dutch gas network operator Gasunieon on converting renewable electricity to hydrogen on a mass scale, with a target of producing 3,000 tons of green hydrogen a year.
Business Green 22nd March 2018 read more »