04 November 2024
3x Tips from the RegioRadar in Novembe
- Regio Deal Brainport Eindhoven
RIFT's system works as follows: iron powder is burned in a boiler. This releases a lot of heat, for example for heat networks. What remains is rust powder. With hydrogen you can convert that back to iron powder, thus 'charging' the powder and creating a circular fuel.
"One of the characteristics of iron powder is that you can easily store and transport it. Whereas hydrogen loses efficiency during transport, this is hardly the case with iron powder. However, our technique does lose some more efficiency during the production of the iron fuel. But in the end you end up with a relatively high efficiency of 65 to 81 percent."
Industry accounts for 52 percent of total CO2 emissions.
"There is still a reliance on fossil fuels, but it is time to decarbonize. Right now there are two alternatives to make that possible: hydrogen combustion and electrification. However, the hydrogen network is not adequate and electrification cannot meet the needs of large companies at any given time. Actually, therefore, a large part of the puzzle remains unfilled. Iron fuel is an ideal solution. Because you can easily apply that technology to any location."
"We are in the 'proof of concept' phase. We now have two plants running: Our production plant at the Energy Demo Field in Arnhem and our combustion plant in Helmond at Ennatuurlijk. Right now we are collecting test results and if all goes according to plan, we will be able to share them with the general public in November."
"In Helmond and Arnhem there are now the world's first systems that can prove the technology in its entirety. I am enormously proud that we have managed to do that with the team and our partners. The first test results also look good. That shows that the key elements are working. That's also a milestone, because based on that we can start moving forward with investors."
"We are going to further optimize the technology. For example, we need to ensure that the system runs well and achieves the highest possible energy efficiency. The system must also be reliable for long-term use. Once we have that in place, then we will start thinking about the fine print. We have to make sure that our system complies with all the laws and regulations."
"And in addition to optimizing our system, we face another big challenge. Namely, we are looking to strengthen our team. There are 16 of us now and we want to scale up to 20."
"Ultimately, our goal is to save a gigaton of CO2 per year by 2050. I hope that we will then make a major contribution to the global energy supply."
Gas, oil and coal will then be a thing of the past and electricity, hydrogen also iron powder will be part of the energy supply of the future
Read more about Rift
07 August 2024
Sirius Medical aims to help millions of cancer patients with a magnetic seed06 August 2024
TracXon wants to make hybrid printed electronics the standard05 August 2024
Whispp wants to give people with speech impediments a strong new voice