ATOME Energy PLC, listed on the AIM Market of the London Stock Exchange, is a company focused on the production, marketing, and distribution of green hydrogen and ammonia.
ATOME has two operating subsidiaries, ATOME Paraguay based in Paraguay, and Green Fuel based in Iceland. ATOME intends to benefit from both locations, which are ideally suited to produce green hydrogen due to a baseload supply of low-cost green electricity, access to significant internal offtake demand and available export markets.
Iceland and Paraguay host favourable fiscal conditions, an educated and available workforce with benign labour conditions, and clear decarbonisation and hydrogen roadmaps.
ATOME is focused on becoming a major player in the production and sale & distribution of green hydrogen, ammonia & oxygen using totally renewable energy sources.
ATOME intends to generate green ammonia from hydrogen for the decarbonisation of the agricultural sector for the use of ammonia in fertilisers.
The agricultural sector is a significant contributor to global greenhouse gas emissions. Ammonia can also be used as a fuel in the maritime sector which contributes 3% to global emissions and is under orders from the International Maritime Organisation to reduce emissions.
In February 2022, ATOME announced the creation of a new division, ATOME Mobility, dedicated to providing a clean energy solution for heavy road transport and shipping, two hard-to-abate industries where battery alternatives cannot provide effective solutions using present technology, and accelerate global adoption of zero-emissions transport.
ATOME Mobility’s first project will be located in Paraguay and due to commence operations by the end of the first half 2023.
Lee is currently CEO of Fuel Cell Systems Ltd (FCSL). Industry insiders often talk about Hydrogen’s Chicken and Egg problem: Vehicle manufacturers cannot sell hydrogen vehicles without a refuelling infrastructure; Infrastructure & fuel network providers cannot recoup their investment if there are not enough vehicles using hydrogen. The result is Gridlock! Our approach has been to redefine the Chicken and Egg problem as simply “Refuelling Infrastructure is too expensive”. Now that’s an engineering problem we can fix!
Prior to FCSL, Lee spent eight years at UK Fuel Cell manufacturer Intelligent Energy, completing his time there as Chief Sales Officer. Leading the global commercial team and launching Intelligent Energy’s low carbon hydrogen products in to three market sectors: automotive, power generation and aviation. Lee’s involvement with the hydrogen industry started back in 1995 when among other projects he supported the field trials of SOFC CHP.
