A world-leading research and development programme
into producing a low-cost hydrogen storage material could result in a major
boost for Scottish business.
Alterg is working to produce a number of business plans by the end
of the year for commercial applications of the hydrogen storage and release
powder it is developing. It has the backing of Intermediate Technology
Institute Energy, the government institute supporting emerging technology.
Alterg is led by Denis Hugenin, a French scientist and entrepreneur,
who brought the project to Scotland because he said that there was nowhere
else in the world where he could get range and depth of support offered
by the ITI programme.
Hugenin said: “There are so many things that a technology start-up must
do: carry out the research, protect the intellectual property and develop
applications into potential products. We could not have financed it all
ourselves. The ITI offered support in all these areas.”
He said that the ITI offered coaching at every level, it had extended
the French patent to a world patent and identified partners, particularly
the University of Strathclyde, to help develop the technology.
The Alterg research is currently being conducted with the University
of Strathclyde with further trials being conducted at the University of
Glasgow and another university at St Etienne in France.
If the research is successful, it could result in material that could
be used in a wide range of energy applications, such as fuel cell and battery
systems.
It could potentially lead to Scotland building a new industry in areas
such as clean energy technology, hydrogen storage and a range of industrial
processes involving hydrogen.
Hydrogen is expected to become a major fuel of the future, in addition
to its existing roles in energy conversion and chemical processing.
The key problem in developing its future role is one of cost. Alterg’s
solution, if successful, will be to allow the storage of hydrogen close
to room temperature and normal atmospheric pressure. It will in effect
be a “disruptive technology” which will create new industries and materially
affect existing ones.
Hugenin said: “Scotland has the capacity to become a world leader in
hydrogen gas storage technology. It’s something we can build. ”
If successful, the Alterg material would, for example, transform the
hydrogen bottled storage market which is worth several hundred million
pounds a year.
Jackie Doyle, marketing and communications director of ITI Energy said:
“The company that will come out from this ITI Scotland programme will be
a world-class industrial opportunity.
“It is a good example of what could be created for Scotland on the back
of world-leading technologies.”
The ultimate value to the Scottish economy will depend on the applications
that are produced. It may be that an application for use in a battery in
the automotive industry would be licensed to a major company. Other applications
could lead to the creation and development of major new businesses in Scotland.
ITI Energy is one of three operating groups that make up ITI Scotland,
a programme backed by £450 million of public money over the next
10 years to support the development of new technologies to meet the needs
of emerging markets.
Alterg was founded as a start-up in the Nice area of France in 2002,
backed by regional seed investment fund Primaveris, before it relocated
to Strathclyde University.
ITI Energy has invested £1m into the Alterg project and has taken
an undisclosed share of the equity in the company in return. This means
that the public purse will get a share of any Alterg profits which will
be re-invested in future projects.
Once the business plans are finalised by the start of 2006 it is expected
to be a further two years until actual products are developed.
Doyle said he hoped that Scottish investors and business partners would
seek to get involved with Alterg in order to gain the maximum possible
benefits for the Scottish economy.
28 August 2005
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