STOCK TITAN

Greenway Technologies Announces Gas to Hydrogen System H-Reformer®

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Greenway Technologies (OTC: GWTI) has announced the development of the H-Reformer®, an enhanced version of their G-Reformer® system that converts natural gas to hydrogen and carbon dioxide. The new system features improved controlling software and an extended reforming vessel, enabling higher hydrogen production and efficient carbon monoxide conversion. The H-Reformer® operates without external heating sources, making it highly efficient and low-carbon generating. The system can produce both 'blue hydrogen' from fossil natural gas and 'green hydrogen' from renewable methane, with carbon dioxide being separated for sale or sequestration. The modular design allows for scalability and point-of-use deployment, eliminating hydrogen transportation and compression costs.

Greenway Technologies (OTC: GWTI) ha annunciato lo sviluppo dell'H-Reformer®, una versione avanzata del loro sistema G-Reformer® che converte il gas naturale in idrogeno e anidride carbonica. Il nuovo sistema presenta un software di controllo migliorato e un recipiente di reforming esteso, consentendo una maggiore produzione di idrogeno e un'efficiente conversione del monossido di carbonio. L'H-Reformer® funziona senza fonti di riscaldamento esterne, rendendolo altamente efficiente e a bassa emissione di carbonio. Il sistema può produrre sia 'idrogeno blu' da gas naturale fossile che 'idrogeno verde' da metano rinnovabile, con l'anidride carbonica separata per la vendita o la sequestrazione. Il design modulare consente la scalabilità e l'implementazione in punti d'uso, eliminando i costi di trasporto e compressione dell'idrogeno.

Greenway Technologies (OTC: GWTI) ha anunciado el desarrollo del H-Reformer®, una versión mejorada de su sistema G-Reformer® que convierte gas natural en hidrógeno y dióxido de carbono. El nuevo sistema cuenta con un software de control mejorado y un recipiente de reformado ampliado, lo que permite una mayor producción de hidrógeno y una conversión eficiente de monóxido de carbono. El H-Reformer® opera sin fuentes de calentamiento externas, lo que lo hace altamente eficiente y de baja generación de carbono. El sistema puede producir tanto 'hidrógeno azul' a partir de gas natural fósil como 'hidrógeno verde' a partir de metano renovable, con el dióxido de carbono separado para su venta o secuestro. El diseño modular permite la escalabilidad y el uso en el punto de necesidad, eliminando los costos de transporte y compresión de hidrógeno.

Greenway Technologies (OTC: GWTI)는 천연 가스를 수소와 이산화탄소로 전환하는 G-Reformer® 시스템의 향상된 버전인 H-Reformer®의 개발을 발표했습니다. 새로운 시스템은 개선된 제어 소프트웨어와 확장된 개질 용기를 특징으로 하여, 더 높은 수소 생산과 효율적인 일산화탄소 변환을 가능하게 합니다. H-Reformer®는 외부 난방원 없이 작동하여 매우 효율적이고 저탄소를 생성합니다. 이 시스템은 화석 천연 가스에서 '파란 수소'를, 재생 가능한 메탄에서 '녹색 수소'를 생산할 수 있으며, 이산화탄소는 판매 또는 격리를 위해 분리됩니다. 모듈형 설계로 확장성과 사용 지점 배치가 가능하여 수소 운송 및 압축 비용을 없앱니다.

Greenway Technologies (OTC: GWTI) a annoncé le développement de l'H-Reformer®, une version améliorée de leur système G-Reformer® qui convertit le gaz naturel en hydrogène et en dioxyde de carbone. Le nouveau système dispose d'un logiciel de contrôle amélioré et d'un réacteur de reformage plus grand, permettant une production d'hydrogène supérieure et une conversion efficace du monoxyde de carbone. L'H-Reformer® fonctionne sans sources de chauffage externes, le rendant extrêmement efficace et à faible émission de carbone. Le système peut produire à la fois de l'hydrogène 'bleu' à partir de gaz naturel fossile et de l'hydrogène 'vert' à partir de méthane renouvelable, l'excès de dioxyde de carbone étant séparé pour la vente ou la séquestration. Son design modulaire permet une évolutivité et un déploiement au point d'utilisation, éliminant ainsi les coûts de transport et de compression de l'hydrogène.

Greenway Technologies (OTC: GWTI) hat die Entwicklung des H-Reformer® angekündigt, einer verbesserten Version ihres G-Reformer®-Systems, das Erdgas in Wasserstoff und Kohlendioxid umwandelt. Das neue System verfügt über verbesserte Steuerungssoftware und einen erweiterten Reformgefäß, das eine höhere Wasserstoffproduktion und eine effiziente Kohlenmonoxidumwandlung ermöglicht. Der H-Reformer® arbeitet ohne externe Heizquellen, was ihn äußerst effizient und kohlenstoffarm macht. Das System kann sowohl 'blauen Wasserstoff' aus fossilem Erdgas als auch 'grünen Wasserstoff' aus erneuerbarem Methan produzieren, wobei das Kohlendioxid zur Weiterverarbeitung oder Speicherung abgetrennt wird. Das modulare Design ermöglicht Skalierbarkeit und den Einsatz vor Ort, wodurch Transport- und Druckkosten für Wasserstoff entfallen.

Positive
  • Developed enhanced H-Reformer® system with higher hydrogen production efficiency
  • No external heating sources required, resulting in lower operational costs
  • Modular design enables scalable deployment near consumption points
  • Eliminates hydrogen transportation and compression costs
  • Capable of producing both blue and green hydrogen
Negative
  • None.

ARLINGTON, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Greenway Technologies, Inc. (OTC: GWTI), (“Greenway”), is an advanced gas-to-liquids (“GTL”) and gas-to-hydrogen (“GTH”) technology development company. Greenway has developed and marketed a patented system, the G-Reformer®, that converts natural gas (methane) from various sources to a mixture of hydrogen and carbon monoxide (syngas). Continued ongoing research has developed a new version of the G-Reformer®, named the “H-Reformer®,” which converts natural gas to hydrogen and carbon dioxide. The H-Reformer® system is modular and small enough to be deployed in areas close to consumption, eliminating the cost of compressing and transporting the resultant hydrogen while separating and removing created carbon dioxide.

Two significant changes have been made to the original G-Reformer® to make a reforming system focused on hydrogen creation rather than syngas creation. First, enhancements to the controlling software have modified the G-Reformer® to convert approximately 50% of the created carbon monoxide to carbon dioxide while also producing additional hydrogen. The H-Reformer® also includes an extension to the reforming vessel used in the G-Reformer®. This module will house the physical components needed to convert the remaining carbon monoxide to hydrogen and carbon dioxide within the reforming unit. The result is the generation of considerably more hydrogen per unit of natural gas input than the original G-Reformer® produces and high conversion of carbon monoxide to carbon dioxide. Carbon dioxide is externally separated from resultant hydrogen by commercially available processes, yielding highly pure hydrogen and liquid carbon dioxide, which will be removed, sold, or sequestered. This new reforming system is named the H-Reformer®.

Created hydrogen will be available for use at the point of manufacture. Hydrogen compression or liquefaction costs are also eliminated for applications that do not need compressed hydrogen (e.g., electrical power generation). In cases where compressed hydrogen is required, the hydrogen can undergo the compression process at the consumption site while eliminating hydrogen transportation.

Unlike other natural gas-to-hydrogen technologies, the Greenway reforming process does not require external heating sources, resulting in a highly efficient and lower carbon-generating process. When pipeline-quality fossil natural gas is the input, the system will make “blue hydrogen.” When renewable pipeline-quality methane is the input, the system will make “green hydrogen.” These distinctions are important for associated clean air credits, which depend on the input natural gas source and the resultant carbon's disposition.

The Greenway system is modular and can be scaled by adding additional H-Reformer® modules. The system produces hydrogen at an extremely low cost per unit compared to other technologies.

Currently, Greenway is in discussions with several prospective parties interested in creating hydrogen for various potential uses.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Greenway's proprietary gas-to-liquids system, potential business developments and future interest in our clean fuel technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the JV withThe University of Texas at Arlington, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

CONTACT:
Robert Kevin Jones
Greenway Technologies, Inc.
kevin.jones@gwtechinc.com

For more information, visit GWTI's website: www.gwtechinc.com


FAQ

What is the new hydrogen production system announced by Greenway Technologies (GWTI)?

Greenway Technologies announced the H-Reformer®, an enhanced version of their G-Reformer® system that converts natural gas to hydrogen and carbon dioxide with improved efficiency and without requiring external heating sources.

How does the GWTI H-Reformer® system differ from the original G-Reformer®?

The H-Reformer® features enhanced controlling software and an extended reforming vessel, converting more carbon monoxide to carbon dioxide while producing additional hydrogen compared to the G-Reformer®.

What are the main advantages of Greenway Technologies' (GWTI) H-Reformer® system?

The H-Reformer® offers modular design, point-of-use deployment, elimination of transportation costs, no external heating requirements, and the ability to produce both blue and green hydrogen depending on the input source.

GREENWAY TECHNOLOGIES INC

OTC:GWTI

GWTI Rankings

GWTI Latest News

GWTI Stock Data

16.18M
336.42M
21%
Oil & Gas Equipment & Services
Energy
Link
United States of America
Arlington