McPhy Energy / Power to Gas: McPhy Energy - a key player in the GRHYD(1) programme
For immediate release
Power to Gas: McPhy Energy - a key player in the GRHYD(1) programme
La Motte-Fanjas, January 31(st) 2014 - The GRHYD programme, which uses hydrogen
to link electricity and natural gas management, kicked off on
January 30(th) Â in Dunkirk, France.
McPhy Energy, a company specialized in hydrogen-based solutions for industrial
and energy, is one of the key players in the GRHYD programme launched on
 January 30(th) in Dunkirk during the 15(th) annual French Energy Conference.
McPhy Energy's exclusive solid state hydrogen storage technology positions the
company at the heart of the Power to Gas programme. This initiative aims at
converting surplus electricity produced by renewable energy sources - which
could be wasted - into hydrogen, to store it and to inject it on demand into the
natural gas network.
GDF Suez leads the GRHYD pilot programme. A partnership comprising McPhy Energy,
the Dunkirk Metropolitan Authority, GrDF, GNVERT, Cofely Ineo, CEA, INERIS,
CETIAT, AREVA SE, CETH(2 )and STDE will implement it.
McPhy Energy's hydrogen storage equipment will regulate the quantity of hydrogen
produced from wind power to be injected into the natural gas network.
During the next four years, the Dunkirk urban community GRHYD pilot programme
will assess the technical and economic relevance of Power to Gas in two specific
markets:
* Housing, by injecting varying proportions of hydrogen into the natural gas
distribution network to meet the needs of 200 housing units in a new
residential neighborhood, and
* Transportation, providing Hythane(®), a mix of 20% of hydrogen and 80% of
natural gas, to around 50 buses that run on natural gas.
GRHYD's use of hydrogen to link electrical energy and natural gas management
responds to European Directive 2009/28/EC. France must show a 23% share of
renewable energies in its gross final energy consumption by 2020. As part of the
Investissements d'Avenir (forward-looking investments in France's National Loan
Programme), the GRHYD project was retained in ADEME's (National Environment and
Energy Conservation Agency) call for proposals on hydrogen and fuel cells.
The programme's projected budget, which includes ADEME financing, represents
€14.9 million of which €1.82 million will be funded by McPhy Energy.
"Our exclusive solid state Hydrogen storage technology offers an innovative
solution to the Power to Gas industry. We are pleased to prove the safety and
flexibility our equipment provides in connecting electric and natural gas energy
management thanks to hydrogen. This project is a major step forward to ensure
France's energy future," declared Pascal Mauberger, Chief Executive Officer of
McPhy Energy.
About McPhy Energy
McPhy Energy (pronounced "MacPhy"), a leading developer of hydrogen-based
solutions for industrial and energy storage was founded at La Motte Fanjas
(Drôme) in France in 2008. The company draws on its exclusive technique for
storing hydrogen in solid form and its years of experience in producing hydrogen
through water electrolysis to design and manufacture flexible storage and
production equipment.
McPhy Energy markets easy-to-use, environmentally-friendly solutions combining
unique safety features and energy independence to over 1,000 clients in the
renewable energy, mobility and industry sectors.
The group has three production sites in France, Germany and Italy and an R&D
laboratory in France. As a fast expanding company, McPhy Energy counts several
top-ranking companies (Sofinnova Partners, Bpifrance, Gimv, Amundi, Emertec,
Areva) among its shareholders.
###
(Managing energy networks by injecting hydrogen to reduce carbon emissions
McPhy_GRHYD_EN:
http://hugin.info/160013/R/1758289/594484.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: McPhy Energy via GlobeNewswire
[HUG#1758289]