This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Excess Wind Power Turned Into Gas In Denmark Using Hydrogenics Technology

Stocks in this article: HYGHYGS

MISSISSAUGA, Ontario, Feb. 18, 2014 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (Nasdaq:HYGS) (TSX:HYG), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, today announced that it will be a participating partner of the Power-to-Gas Biological Catalysis ("BioCat") Project in Denmark. The "BioCat" installation will use hydrogen made ​​from excess wind power to convert biogas from sewage sludge into cleaner methane gas. This new Danish energy project will illustrate how future energy systems can be better integrated.

The "BioCat" project has received 27.6 million DKK (€3.7 million) in funding from the Danish research pool ForskEL. The consortium is led by Electrochaea, a developer of methanation technologies for Power-to-Gas applications, and the Danish transmission system operator for power and gas, Energinet. Other partners in the BioCat consortium include Hydrogenics, Audi, NEAS Energy, HMN Gashandal, Spildevandscenter Avedore, and Insero Business Services.

For this project, Hydrogenics will install a 1 MW water electrolysis plant in Spildevandscenter Avedøre, one of the largest wastewater treatment facilities in Denmark. The site will use surplus electricity from the grid to produce hydrogen using Hydrogenics' electrolyzer, and the hydrogen will then be combined with carbon dioxide from raw biogas and fed into a separate bioreactor – in which microorganisms will perform a catalytic reaction to produce pipeline-grade renewable methane. The facility will be operated in different modes to demonstrate its ability to produce methane under dynamic operations, including while providing ancillary services to the electricity grid. The product gas will be injected into a nearby gas distribution system, and the by-products – oxygen and heat – will be recycled onsite in the wastewater treatment process. The biomethanation technology was developed by Electrochaea.

The 1 MW electrolyzer from Hydrogenics will contribute to electricity balancing through the services of NEAS Energy, thus ensuring optimal use of available wind power and demonstrating the full potential of electrolysis for grid management and regulation. The upgraded methane will be supplied to the local gas distribution system and traded by HMN Gashandel, a Danish energy service and gas distribution company managing gas grids, biogas upgrading plants, and grid injection facilities.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs