The Hy-PACT initiative will be in strategic collaboration among key stakeholders in the UK and Australia to develop the prototype for the innovative "Digital Material Passport"(DMP) in the hydrogen supply chain. DMP will provide a full lifecycle record of hydrogen from production through to its end use, including the cost, critical Circularity Index and accurate Scope 3 carbon footprint measurement and monitoring.
As UK and Australian governments line up big bets to develop low carbon hydrogen, there is a need to facilitate the assessment of hydrogen production pathways and supply chain, particularly from the perspective of greenhouse gas emissions, leaks, life cycle assessment and certification. Lacking technology to monitor this data and certify hydrogen production pathways means there is a data gap. More research is needed to calculate its net impact on global warming. Hy-PACT initiative will solve them by leveraging cutting-edge technologies our team are focusing and aim to deliver in the next 21 months.
To achieve the 'Destination Zero' in the hydrogen supply chain, the existing MCG's platform VUILA (reference: https://cic.ubc.ca/project/vaccine-distribution-supply-chain-prototype/), we will integrate advanced carbon visibility analytics and machine learning (ML) tools in the form of DMP, which will be used to track and monitor carbon emissions throughout the hydrogen supply chain. The trusted data layer built up by MCG will retain the data stored on the blockchain ledger and shared across supply chain stakeholders with integrity and real-time visibility.
Hy-PACT will also offer the opportunity to develop 2 case studies: one project with a proton exchange membrane (PEM) electrolyser powered by renewable energy, and one demonstration of a solid oxide electrolyser (SOE) made of revolutionary tubular SOE cells(reference: https://www.edf-re.uk/news-and-views/ground-breaking-tees-green-hydrogen-project-secures-major-government-funding/).
Hy-PACT team will closely engage with the funding scheme and explore the potential for the DMP to accelerate the transition to a circular economy. Hy-PACT will potentially integrate existing solutions for carbon credit tokenization and establish a global open innovation network for sustainable development goals(SDGs) between Australia and the UK.
49,458
2022-11-01 to 2023-04-30
Grant for R&D
According to the European Environment Agency (EEA), emissions from the European Union's (EU) transport sector increased steadily between 2019 and now. It is also predicted that transport emissions will significantly rise in subsequent years following the pandemic. To tackle rising emissions from maritime and road transport, the EU is working to align current climate, energy and transport-related legislation ambitions through what is known as the 'Fit for 55 package'(https://www.consilium.europa.eu/en/policies/green-deal/fit-for-55-the-euplan-for-a-green-transition/), in which transport logistics will no longer be exempt from carbon certificate trading as of 2026 and will need to apply the EU Emissions Trading System (EU ETS). The package has also called for changes to the existing EU ETS, requiring sectors included in the trading system to reduce their emissions by 43% compared to 2005 levels.
MCG UK team will tap into the growing market for carbon credits companies buy to offset their GHGs as the world transitions to a low-carbon economy in the fight against climate change. If a company wants to qualify the sustainability of materials, it can use MCG blockchain-enabled supply chain traceability and carbon visibility solution to track and trace their end-to-end supply chain flows. Such transparency ensures that the raw materials are coming from certified sustainable sources and being used responsibly. It also helps to prevent the use of unsustainable or unethically sourced materials from the tier-n suppliers. MCG will expand the product to different models of transport and by accessing new technologies. The key innovation support will allow MCG to expand in the global market, MCG will partner on replicating the innovative practice and business model, continuing the momentum for the growing revenue stream and attracting international clients. MCG can now service and expand its network of carriers and shippers to the UK and further into Europe, as well as address specific logistics needs of different industries such as the temperature-sensitive pharmaceutical and healthcare industries. The blockchain-powered supply chain traceability and data services provided by MCG have demonstrated its value proposition in the pharmaceutical and healthcare industry, the prototype we developed with AWS (Amazon Web Services) and UBC (University of British Columbia) (https://cic.ubc.ca/project/vaccine-distribution-supply-chain-prototype/) laid a solid foundation for reducing the waste of life-saving products by sharing real-time temperature and location, the carbon intensity measurement tools could be integrated to our customized dashboard VUILA, to tackle the opaque carbon accounting and tracking practices in the global maritime industry.