Martin Bolton
COO & Co-founder @Hydrogen Refinery
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WORK HISTORY
COO & Co-founder @Hydrogen Refinery
London, GB
EDUCATION
Bangor University
MSc, Natural Resource Management
SKILLS
ABOUT MARTIN BOLTON
Hydrogen Refinery (H2R) plants produce low-cost hydrogen and ammonia from waste, using a carbon negative process and without using any natural gas or renewable natural gas (RNG).There is a direct link between the cost of natural gas and the cost of producing food. According to the Royal Society, 50% of the world population rely on food produced from ammonia-based fertiliser. Fertiliser prices rose 6-fold at the start of the Ukraine crisis. Ammonia production uses 20% of global industrial natural gas resources and is the single most carbon emitting chemical process, producing more emissions than steel and cement combined.H2R breaks the link between the cost of natural gas and the cost of fertiliser. Instead, H2R uses a carbon negative process to remove wastes from the environment, providing both a step-up in the waste hierarchy and the production of low-cost fertiliser.Ammonia based fertilisers are essential to feed a growing global population, demand is expected to reach 240 million tonnes (Mt) per year by 2030. Today almost-all production is performed in large-scale chemical plants using the Haber-Bosch (H-B) process. H-B plants are only economic at very large scale. This results in bulk shipment of fertiliser around the world, mostly in older, higher emissions dry bulk cargo vessels.The International Energy Agency (IEA) state that 95% of H-B plants must be replaced with zero emission technologies by 2050 to meet net zero, with 10% or 23 Mt capacity in place by 2030. Today the IEA identify only 3% of this capacity.H2R plants can operate economically at regional scale, making bulk shipments of fertiliser unnecessary. The H2R plants will produce the same type of premium 34.5% nitrogen fertiliser that H-B plants make from natural gas but will enable carbon negative food labelling.
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