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Manila, Philippines, and London, UK 4th of July, 2024 – NetZero Global, Maharlika Carbon, and Hydrogen Refinery are proud to announce an exclusive partnership aimed at addressing the critical issues of waste management, energy security, and decarbonisation in the Philippines.
This groundbreaking agreement, using British military technology will see the collaboration of these three industry leaders to convert waste into hydrogen and other transition fuels, setting a new standard for regenerative energy, waste reduction and Nationally Determined Contributions under The Paris Agreement.
Transforming Waste into Clean Energy
The innovative partnership will leverage advanced waste-to-hydrogen technologies to convert municipal, agricultural, and industrial waste into clean hydrogen fuel and other low-carbon transition fuels. This process not only provides a regenerative solution to the world’s growing waste problem but also contributes significantly to the decarbonization of the Philippines, increasing the country’s energy security and meeting of its Paris Agreement obligations.
According to the World Bank, the management of waste contributes 4% of global climate emissions. Despite efforts towards recycling, recycling rates remain low, with only 9% of plastics recycled worldwide.
Global waste will grow from 2.59 billion tonnes (b/t) in 2023 to 3.40 b/t by 2050. Currently waste processing involves either landfill or incineration, both create high levels of emissions. Typically, waste incinerators or energy-from-waste (EfW) plants produce 1 tonne of carbon dioxide equivalent (CO2e) for every 1 tonne of waste that they process.
Swapping to the Hydrogen Refinery process would save that 1 tonne of carbon dioxide equivalent for each tonne of waste that is processed.
Wastes also contain valuable material, in the case of plastics there are large amounts of hydrogen and carbon. Given the emerging hydrogen economy waste plastics offer a source of green hydrogen.
The Hydrogen Refinery technology will remove wastes from the environment without any of the associated emissions while also harvesting the hydrogen.
Key Highlights of the Agreement:
Regenerative Waste Management: Utilizing cutting-edge technologies to process waste and reduce landfill usage, thus mitigating environmental pollution.
Hydrogen Production: Generating green hydrogen through waste conversion, providing a clean, renewable energy source that helps decarbonize various sectors, including transportation and industry.
Energy Security: Enhancing the Philippines' energy independence by producing local, renewable energy sources and reducing reliance on imported fossil fuels. Furthermore, localised energy grids can be created on islands and rural areas solving their waste problems.
Economic and Environmental Benefits: Creating jobs, stimulating the local economy, and supporting the Philippines in meeting its Nationally Determined Contributions (NDCs) under the Paris Agreement.
Statements from Partners:
Justin Reynolds, Managing Partner of NetZero Global: “Joining forces, once again with Maharlika Carbon and this new partnership with Hydrogen Refinery addresses and moves forward five of the Philippines' most pressing issues;
- regenerative waste management
- energy security
- decarbonisation
- sustainable economic growth
- accessing Climate Finance through the Environmental Markets.
this exclusive tripartite partnership represents a significant step towards a cleaner, more sustainable future for the Philippines, and we are proud to be at the forefront of this transformation.”
Catherine Limbo, Managing Director of Maharlika Carbon: “Our commitment to operationalising Article 6 of The Paris Agreement and developing an Environmental Market through environmental stewardship and innovation is reflected in this agreement. By converting waste into valuable hydrogen fuel, we are enabling the ability to solve the waste and energy problems across the Philippines into a sustainable economic business whilst also decarbonising the Philippines to the benefit of our Nations Nationally Determined Contributions”
Stephen Voller, CEO of Hydrogen Refinery: “This partnership enables us to apply our advanced waste to hydrogen production technologies on a larger scale, making a tangible impact on the Philippines’ waste and energy challenges. We look forward to working closely with NetZero Global and Maharlika Carbon to achieve our shared sustainability goals.”
Future Outlook:
The partnership will commence with the establishment of state-of-the-art waste-to-hydrogen facilities in key locations across the Philippines. These facilities will employ Hydrogen Refineries innovative technology to process various types of waste and produce high-purity hydrogen and other low-carbon transition fuels. The initial phase of the project is expected to create hundreds of jobs and provide a scalable model for future expansion.
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