Advanced Hydrogen Producing Equipment Wins Top Prize and $1 Million in TERA-Award Competition
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The Silver Award project, "Reshaping H2 Storage and Transportation", comes from an Israeli research team. The team uses water and bicarbonate to store hydrogen, offering advantages such as being non-toxic, non-flammable and non-explosive. It can also be transported at close-to-ambient temperature and pressure, reducing the cost of hydrogen storage and transportation to below US$1 per kilogram.
The Bronze Award recognised a project that utilises high-efficiency phase change material (PCM) technology to replace traditional refrigeration or heating solutions. PCM can absorb and store thermal energy or cold energy at temperatures ranging from -150°C to 1,000°C, making it suitable for applications such as air conditioning, cold storage, and data centres. This technology provides safer and more stable temperature control while achieving zero-carbon peak shifting and energy savings of up to 20%.
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The third TERA-Award received 450 zero-carbon projects from 59 countries and regions worldwide, reflecting a 60% increase compared to the previous year. Dr Lee Ka-kit, Founder of the TERA-Award, remarked, "The TERA-Award has become a gathering platform for global energy technology innovation entrepreneurs, providing comprehensive services for scientists to bring their research results to the market. I am also pleased to announce that the TERA-Award brand will be elevated from a competition to an accelerator platform for zero-carbon technologies." Dr Lee encouraged more global zero-carbon technology entrepreneurs to join the TERA-Award and collaborate in creating a sustainable future through technological innovation.
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