Promoting a circular carbon economy
You can think of the CO₂ we use to create e-NG like old-fashioned milk bottles that are dropped off at your door and collected again once you are done. We use CO₂ to carry and deliver our green hydrogen and once our customers are finished, we recycle it within our system.
Our target is to establish a complete, self-sustaining CO₂ closed loop. Our customers will use their own carbon capture facilities to collect carbon at the point of emission so we can return it to the Green Cycle to create new e-NG and transport green hydrogen. Once CO₂ is ingested into the Green Cycle, it remains trapped within it. In our closed loop, we expect a CO₂ capture rate of 98%. We compensate for the remaining percentage with direct air capture.
Our e-NG has always a net-zero balance as we need to capture back the same amount of CO₂ in order to produce new e-NG again.
Our target is to establish a complete, self-sustaining CO₂ closed loop.
The future is a fully-closed CO₂ loop
Our long-term goal is to close the loop completely and keep the same carbon circulating in our Green Cycle, adding to our feedstock as we acquire more customers. This is not a pie-in-the-sky goal. We already know it is achievable.
CO₂ is very dense which makes it easy to liquefy and transport. This means that the amount produced by, for example, a power plant, remains manageable for the facilities that capture these emissions. We will be using multi-gas carriers to deliver our e-NG worldwide, and can use the same vessels to return the captured CO₂ back to our production locations.
CO₂ is very safe to manage, leaks are very rare, and the low cost of collection means it is an economically viable model that will remain sustainable long into the future.
Is e-NG carbon-neutral?
e-NG is total net-zero. We capture 98% of the carbon in our closed loop cycle and will compensate for the remaining percent with direct air capture.
How does e-NG help leverage existing assets?
To achieve our decarbonization targets, we need to reduce greenhouse gas emissions as quickly as possible. This is only feasible if we can use existing assets that do not require years of construction and billions in investment. e-NG is the most pragmatic solution as it enables a fast, smooth transition without the creation of whole new value chains. This will not support a longer life for fossil fuels as they are subject to phase-out laws.