Star Scientific has won “Emerging Technology of the Year” at the Global Energy Awards for its Hydrogen Energy Release Optimiser (HERO.)
According to a statement from the company, they were chosen as finalists from around 300 entries from 36 countries.
Star Scientific’s Global Group Chairman Andrew Horvath said the award recognised his company’s HERO platform “has created its own category in the energy sector, primed to address a gap” that would change the way hydrogen was used globally.
“Star Scientific is a proudly owned Australian company, with a global reach and aspirations. Our technology brings about a seismic shift toward hydrogen as the energy choice of the future. While green hydrogen is enjoying significant global attention at present, there is a gap in its deployment for industrial purposes,” Horvath said.
“The world is watching to see how Australia will capitalise on its unique advantages to develop a large-scale hydrogen industry. This award further highlights the global interest in Australia’s hydrogen production and use capabilities. The future for hydrogen is very exciting and we are delighted to be a part of that.”
Star was established in 1998. Its HERO technology is based on hydrogen interacting with a catalyst to produce heat energy and water, producing “unlimited, affordable, safe and reliable energy – with zero emissions.” Star describes it as able to replace a coal-fired boiler at a power plant, with steam produced at roughly the same cost and savings through “a reduction in coal handling and pollution control.”
The Global Energy Awards held annually by energy and commodities research company S&P Global Platts, with 21 categories.
The category won by the Australian company is judged on:
- Commercial Viability
- Net Job Growth (projected)
- Results (non-financial)
- Technologically proven
Picture: Star Scientific
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