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2024 KCP Application
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Verne
Org Type
Undesignated
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Project Summary / Description:
Verne is developing a new high-density, lightweight, low-cost hydrogen storage system for use on zero-emission fuel cell heavy-duty vehicles, starting with Class 8 trucks. Verne‚ innovation is based on cryo-compression, a method of storing hydrogen at low temperature and high pressure. The high density achieved results in substantially decreased system weight and cost relative to current storage methods. Verne storage can be filled with either liquid or gaseous hydrogen, allowing vehicle operators to select whichever hydrogen source is cheaper or available at their location, thereby maximizing worldwide accessibility. Additionally, Verne storage further improves on the safety of current hydrogen tanks.
Regions of Operations:
Southeast Asia
South Asia
East Asia
Central Asia
Middle East
North America
South America
Eastern Europe
Western Europe
East Africa
North Africa
Southern Africa
Central Africa
Oceania
Caribbean
Other Countries
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Sustainable Development Goals:
No poverty
Zero hunger
Health and wellbeing
Quality education
Gender equality
Clean water and sanitation
Affordable and clean energy
Decent work and economic growth
Industry innovation and infrastructure
Reduced inequalities
Sustainable cities and communities
Responsible consumption and production
Climate action
Life below water
Life on land
Peace and justice
Partnerships for the goals
Impact on Underrepresented Groups:
Two of our three founders (David Jaramillo and Bav Roy) are people of color and the founding team is committed to ensure diversity, including of race and gender, within Verne. Front of mind for the founding team is that Verne develops a solution that works not only for early adopters of hydrogen technology in California and Western Europe, but also for communities around the world. This focus has led Verne to prioritize fuel accessibility and cost reductions in their product development. Some major players in the hydrogen industry (e.g., Air Liquide, Linde) are promoting a liquid hydrogen supply chain. This presents issues as it continues to cut out local communities from participating in the fuel supply chain, and it limits the accessibility of fuel cell vehicles to areas with the scale and resources required for liquefaction infrastructure. Verne is striving for a more equitable hydrogen economy by developing a storage solution that can work with both a liquid and gaseous supply chain. This fuel flexibility will allow communities to fuel their fuel cell vehicles with locally produced hydrogen gas or centrally produced liquid hydrogen. It allows communities that have previously been cut out of the global diesel supply chain to shift to locally-generated green hydrogen. Verne‚ success will in turn improve energy security, reliability, and access for communities around the world, unlocking a world where communities produce their own clean fuel from local renewable energy.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Website:
1945 Berkeley Way
Link: Facebook:
https://www.verneenergy.com/
https://www.linkedin.com/company/verne-energy