TES partners with Osaka Gas to develop large scale e-NG value chain
TES announced today that it has entered into an agreement with Osaka Gas UK, (OGUK), a wholly owned subsidiary of Osaka Gas Co. (Osaka Gas) to jointly collaborate on developing the e-NG value chain and conduct joint studies on a wide range of e-NG¹ related subjects.
As part of this initiative, the two companies plan to launch advocacy activities targeting relevant governments to promote the global recognition of e-NG’s value and advantages as a new green hydrogen energy carrier to achieve a carbon neutral society. They intend to work with governments to establish international rules and systems to support the commercialization of e-NG. This two-party collaboration also includes comprehensive studies on e-NG value chain development, including e-NG production, transportation, usage and offtake.
“e-NG is an essential piece of the puzzle in the scale-up of renewable energy production and reaching carbon neutrality. At TES, we want to win the climate race and building renewable giga-scale projects to develop the hydrogen economy and end reliance on fossil fuels. The speed at which this is happening must accelerate, and our partnership with Osaka Gas, a leading player in e-NG production, brings us one step closer to achieving this goal” said Marco Alverà, CEO and Co-Founder of TES.
¹ Synthetic methane, also called e-methane, produced through a methanation process using green hydrogen and recycled carbon dioxide: Methane is the main component of natural gas.