BIG and B.Grimm Forge Partnership to Advance Hydrogen Electricity Production, Targeting Over 10,000 Tons Annual of Carbon Emissions

Bangkok, Thailand – August 14, 2024

BIG, a climate technology company renowned for its leadership in industrial gas and greenhouse gas reduction technology, has partnered with B.Grimm Power to sign a cooperation agreement. This agreement focuses on the study and development of hydrogen fuel for electricity generation, with the objective of transitioning from fossil fuel-based electricity to green energy production. By leveraging hydrogen innovation and technology, this collaboration aims to drive a sustainable transition to clean energy and achieve the goal of net zero greenhouse gas emissions by 2050.

Dr. Harald Link, President of B.Grimm Power Public Company Limited, a leading pioneer in Thailand’s private power generation industry, announced that B.Grimm Power’s “GreenLeap – Global and Green” strategy, introduced in 2023, is a proactive initiative to navigate the rapidly evolving global energy market and meet changing customer needs. This strategy emphasizes the expansion of renewable energy projects both domestically and internationally, ensuring the provision of clean, sustainable, and highly stable energy at an affordable price while minimizing environmental impacts. Key elements include sourcing alternative energy sources for future electricity generation (sustainable fuels) and exploring the feasibility of hydrogen-based electricity generation. This strategic approach signifies a transformative shift in business operations, aligning with the new vision of “Empowering the World Compassionately,” aimed at establishing B.Grimm Power as a leader in sustainable and safe energy development.

This collaboration with BIG, a leader in industrial gas innovation and climate-friendly greenhouse gas emission reduction technology, represents a pivotal initiative under the Green Leap – Global and Green strategy. By leveraging the combined strengths, expertise, and experiences of both organizations, this partnership aims to jointly study and promote the use of hydrogen blending with natural gas in electricity generation. This strategic effort will broaden market opportunities for environmentally conscious consumers and is instrumental in advancing B.Grimm Power’s objective of increasing the proportion of renewable energy from the current 25% to over 50% by 2030. Furthermore, it aligns with B.Grimm Power’s commitment to becoming a world-class energy producer and achieving net-zero carbon emissions by 2050.

Mr. Piyabut Charuphen, Managing Director of BIG, announced that the company is progressing with the introduction of hydrogen innovations, a field in which both BIG and its parent company, Air Products from the United States, are recognized as global leaders. Air Products is notably the world’s largest green hydrogen company. BIG is committed to leveraging clean energy to facilitate the energy transition in Thailand, adhering to its business strategy of Generating a Cleaner Future. This strategy emphasizes the production and utilization of hydrogen energy, a pivotal climate technology crucial for reducing carbon dioxide emissions. Preliminary studies have shown that using hydrogen for electricity generation can cut carbon dioxide emissions by up to 10,000 tons of CO2 equivalent (CO2e) annually, equivalent to planting 600,000 trees.

This collaboration with B.Grimm Power represents a pivotal step for the private sector in Thailand, marking the initial production of electricity from clean energy and advancing the development of hydrogen energy within the country. Thailand’s future energy security will significantly benefit from this initiative. Furthermore, utilizing hydrogen for electricity generation offers a clean fuel alternative that aligns seamlessly with Thailand’s Power Development Plan (PDP). BIG’s low-carbon hydrogen, certified with the Carbon Footprint Product (CFP) label from the Greenhouse Gas Management Organization (Public Organization), signifying a 95% reduction in carbon emissions, comparable to the production of Blue Hydrogen. In addition to electricity generation, hydrogen presents a viable solution for reducing greenhouse gas emissions in the industrial and transportation sectors, in alignment with the government’s policy to achieve carbon neutrality.