Welcome To The FuelPositive Company HUB On AGORACOM

Free
Message: FuelPositive Participates in NICCEE’s Green Ammonia Event in the USA

FuelPositive Corp.
Wed, April 3, 2024 at 9:38 AM EDT

WATERLOO, Ontario, April 03, 2024 (GLOBE NEWSWIRE) -- FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the "Company" or "FuelPositive") is pleased to announce that on March 15, 2024, the United States National Science Foundation funded Global Nitrogen Innovation Center for Clean Energy and the Environment (NICCEE) held an exploratory meeting with regional agricultural partners in the Chesapeake Bay Watershed's key grain production region, the Eastern Shore of Maryland.

FuelPositive was invited by Dr. Matthew Houser, a Senior Social Scientist at The Nature Conservancy and Assistant Research Professor at the University of Maryland Center for Environmental Science, to present their breakthrough Green Ammonia story.

The Global Nitrogen Innovation Center for Clean Energy and the Environment (NICCEE), spearheaded by the University of Maryland Center for Environmental Science (UMCES) with key partners in the U.S. (New York University and University of Massachusetts Amherst), Canada (University of Guelph), and the U.K. (Rothamsted Research), provide timely and crucial insights associated with the rapidly evolving technological innovation to produce Green Ammonia using renewable energy for clean energy and food production.

The meeting's goal was to inform potential end-users about the emerging on-farm green ammonia production technology and document their perceived opportunities and concerns related to adoption.

The meeting attendees represented various parties involved in agricultural nitrogen management, including grain farmers, regional fertilizer distributors, agricultural policy representatives, and agricultural conservation organizations. "In addition to several presentations that covered the purpose of NICCEE and the overall development of Green Ammonia, FuelPositive CEO Ian Clifford joined to discuss the Company's On-farm Green Ammonia units. During a facilitated discussion, workshop participants offered their perspectives on this new technology, centered around FuelPositive's system." stated Dr Houser.

"Regional distributors and farmers alike are "price takers" when it comes to inputs that FuelPositive's system can produce or replace, such as nitrogen fertilizer and propane for grain drying. Both groups were primarily excited about the potential to "take control" of these inputs, which would enable retailers to offer customers' better nitrogen prices and farmers to have consistent input costs. They like the independence it gives them: the stability and predictability of the price and supply. While farmers and distributor participants noted some potential adoption and implementation challenges, there was general enthusiasm about the economic and environmental potential of these systems and several participants expressed that they were seriously considering these units for their operation," continued Dr Houser.

"We feel deeply honoured to have been invited to meet such open-minded farmers and leaders in the Green Ammonia sector. Participating in a full day of discussion and debate with individuals who share a commitment to environmental responsibility in agriculture was truly inspiring. Our ongoing and increasing encounters with passionate advocates committed to optimizing agriculture while safeguarding the environment have been remarkable. It reaffirms our collective dedication to fostering sustainable practices to benefit our planet and future generations," concluded Ian Clifford, FuelPositive CEO and Board Chair.

NICCEE plans to host future partner workshops in other regions across the US, Canada, and the UK to assess how perceptions differ across and within national boundaries. As an Innovation Partner of NICCEE, FuelPositive will benefit from this wealth of information about a newly emerging sector and its first end-users.

https://finance.yahoo.com/news/fuelpositive-participates-niccee-green-ammonia-133800396.html

Share
New Message
Please login to post a reply