news and updates

Tailoring the solution to the need

Interview with Christopher Papile, Senior Advisor to Proton Ventures

When it comes to discussing the most promising energy vectors for the future, the common theme is greenhouse gas minimization. But there should not be a one-size-fits-all approach: different applications require different energy solutions.

There are several important energy vectors moving forward, which we believe hold promise for the future, and should facilitate a greener, more flexible future for the EU energy system:

Green Ammonia as a fuel, particularly for ocean-going vessels. Ammonia or NH3 is easily transported
(as opposed to hydrogen), which means it can be produced in locations rich in solar and wind power and then sold elsewhere, particularly in areas where fuel costs are high. Proton Ventures is a leader in flexible ammonia production, including processes that do not co-emit any CO2; they term it NFUEL. And, of course, ammonia burns without carbon emissions and has flexible uses: chemical, energy
storage medium or fuel.

Decarbonization is imperative, and storage and digital technologies will further accelerate renewable use in a form that will include a higher share of decentralized systems. The EU is set to lead this global process by pushing for a climate neutral economy by 2050.

Read the full article at page 6 of the RINA MAGAZINE

Corona (COVID-19)

Proton Ventures takes measures to prevent the spread of the corona virus. All our employees work from home as much as possible. This means that the office is less accessible than usual. The easiest way to reach us is by email.

Koolen Industries invests in Proton Ventures

Koolen Industries invests millions in Proton Ventures

Schiedam, The Netherlands, 11 November 2019 – Dutch clean energy conglomerate Koolen Industries has invested 4 million euros in Dutch ammonia energy storage company Proton Ventures.

Proton Ventures designs and builds pressurized and cooled ammonia storage facilities, as well as small scale ammonia production facilities called NFuel units.

“Proton Ventures’ unique and patented technologies enable the production of ammonia using clean energy sources. Ammonia is an ideal storage solution for solar power plants and wind farms as it is particularly well suited to store and transport large amounts of energy in efficient ways. This makes it a perfect fit for Koolen Industries as we continue to push the global transition to clean energy,” said Kees Koolen, CEO, Koolen Industries.

Proton Ventures is currently involved in many renewable energy storage projects, which store clean energy in ammonia/NFuel. The company has large scale Ammonia storage projects operating in Estonia and Bulgaria The investment by Koolen Industries will help speed up Proton Ventures’ roll out of more NFuel units around the world.

“It is as important to us that Koolen Industries is present and active across the entire energy chain: from clean energy generation and storage, to the transportation and delivery of energy to the end customer. This creates great opportunities for ongoing cooperation and opens doors for us to bigger projects,” said Hans Vrijenhoef, CEO Proton Ventures.

NFuel for large scale energy storage
“Alongside our lithium and flow battery capabilities, ammonia adds value to our portfolio, especially with regard s to clean energy storage at large scale. This form of energy is relatively cheap, and it is easy to transport and import into the Netherlands or indeed to into other markets,” said Gerben Hilboldt, Chief Technology Officer, Koolen Industries.

“In principle, liquified ammonia contains more hydrogen per liter than conventional liquified hydrogen and it is easier to store and transport, which reduces the cost and thus makes imported clean energy affordable,” said Vrijenhoef.

With this form of energy storage, it is possible to store 25 times more energy by volume than even the most energy dense lithium batteries currently on the market.

How NFuel works
Traditionally, ammonia is made for the fertiliser industry, but it is an incredibly flexible energy storage solution. With the global transition to clean energy, we see this moving from top left to bottom right. Solar and wind energy will be used as raw material for the production of ammonia. This ammonia can be used as fuel (ships and freight traffic) or can be cracked back to energy.

About Proton Ventures
Proton Ventures is a technology company that works to make the global energy transition a reality. The company specialises in ammonia related technologies and products, including storage concepts for chemical and liquid energy carriers. Proton Ventures designs and builds pressurised and cooled ammonia storage facilities, as well as small scale ammonia factories called NFuel units.

About Koolen Industries
The mission of Koolen Industries is to enable everyone to contribute to the energy transition. By using clean energy from wind and the sun, and making sure it is available whenever you need it, they will provide consumers with a n autonomous life, independent of the grid.

Koolen Industries builds and invests in a group of companies that together will make sure renewable energy will always be available, whenever and wherever it is needed. Reliable and safe. Made possible by ingeni ous software.

Earlier this year Koolen Industries announced investments in Super B (lithium batteries), Floading Energy (charging infrastructure), Skoon Energy (cloud platform for renting mobile energy storage and mobile energy storage containers), Elestor (flow batteries) and Hardt Hyperloop (hyperloop technology). Koolen Industries also acquired BonGo Solar (solar panel installations) in October.

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End press release

More information and images
Contact for more information:

Rianne Vriend Vrijenhoef
Proton Ventures
rianne.vriend@protonventures.com
+31 10 426 72 75

Anne Koolen
Koolen Industries
anne.koolen@koolenindustries.com
+31 6 57 58 75 74