TES partners with Osaka Gas to develop large scale e-NG value chain
September 4, 2023
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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.
About TES
TES is a global green energy company developing giga-scale projects to accelerate the transition to net-zero.
In Europe, TES’ projects strengthen energy security and the diversification of energy imports, as well as support the European Union’s decarbonisation efforts. In Wilhelmshaven, Germany, TES is developing a green energy terminal, that will serve as a major hub for sustainable molecules. The already operating floating storage and regasification unit (FSRU) will be followed by a large-scale onshore LNG terminal and a CO₂ export terminal. Globally, TES leverages renewable energy solar, wind, and hydro, along with climate-neutral CO₂ for the production of e-NG (electric natural gas), a drop-in synthetic gas made from green hydrogen and captured CO₂. Large-scale e-NG projects are underway in the US (Live Oak), Canada (Project Maurice), and across Europe, and the Middle East. These green molecules support the shift to real zero emissions across industries and help win the race against climate change.