KEME Green H2

First green hydrogen project for an energy community.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

Term

months

Risk level

What will you be financing?

Green hydrogen is essential for the decarbonization strategy of the economy, particularly in the industrial and mobility sectors. Very strong growth is expected for this product and its derivatives in the next ten years. Portugal has an ambitious growth strategy for green hydrogen, as does the European Union, and strong growth in this sector is expected in the coming years.

This campaign aims to finance the first steps towards licensing the first green hydrogen project for an energy community and its preliminary studies.

The promoter's mission is to promote and implement renewable democratic energy solutions, decentralizing its production and generalizing its consumption to reduce the human impact on the environment and address climate change.

This campaign supports the start of an innovative project to implement a reliable and promising technology to harness renewable resources and fight climate change.

The KEME Green H2 campaign aims to fulfill part of this mission by introducing a new renewable energy - green hydrogen - in places where only water and sun (or wind) are needed.

This project includes the implementation in Sines of a green hydrogen production unit using an innovative Portuguese technology patented by the company Fusion Fuel.

In a second phase, the connection of this unit to a Renewable Energy Community in the city of Sines will aim to enable widespread use of this form of renewable energy, incorporating it into the electrical system of the local community mainly as a means of energy storage.

The financing of the licensing (and associated research) for the project will open doors to its implementation in the chosen location and will facilitate raising further private funding to install the green hydrogen production unit.

What is the impact?

Promoting decarbonization of the economy and efficiency of the energy sector: green hydrogen plays a key role in the energy transition and in achieving climate goals, since it is obtained using renewable electricity and water, it can be used to reduce emissions in greenhouse gases emission-intensive industries and sectors. Green hydrogen also allows for storing energy in large quantities and for long periods, promoting energy efficiency in systems.
With an estimated production of 72 tons of green hydrogen per year, KEME's plant will enable the production of an estimated 2376 MWh of clean energy, helping to avoid the emission of more than 318 tons of CO2 per year, the equivalent of planting nearly 15,000 trees.
Promotion of access to renewable energy: through the creation of a Renewable Energy Community in the city of Sines, in a second phase, the project will be able to evaluate the generalization of the use of this form of renewable energy, incorporating it into the local community's electrical system mainly as a means of energy storage.
Building infrastructure for renewable energy: the licensing of the project, and respective studies, will enable the implementation in the chosen location, with the subsequent construction of modern infrastructure for obtaining and supplying renewable energy with green hydrogen.

Impact indicators
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318385

CO2 avoided per year

2376000

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

ENERGYKEME LDA

Promoting decarbonization of the economy and efficiency of the energy sector: green hydrogen plays a key role in the energy transition and in achieving climate goals, since it is obtained using renewable electricity and water, it can be used to reduce emissions in greenhouse gases emission-intensive industries and sectors. Green hydrogen also allows for storing energy in large quantities and for long periods, promoting energy efficiency in systems.
With an estimated production of 72 tons of green hydrogen per year, KEME's plant will enable the production of an estimated 2376 MWh of clean energy, helping to avoid the emission of more than 318 tons of CO2 per year, the equivalent of planting nearly 15,000 trees.
Promotion of access to renewable energy: through the creation of a Renewable Energy Community in the city of Sines, in a second phase, the project will be able to evaluate the generalization of the use of this form of renewable energy, incorporating it into the local community's electrical system mainly as a means of energy storage.
Building infrastructure for renewable energy: the licensing of the project, and respective studies, will enable the implementation in the chosen location, with the subsequent construction of modern infrastructure for obtaining and supplying renewable energy with green hydrogen.

Promoter website

https://www.kemeenergy.com/

Team
‍

[{"id":56,"promoter_id":277,"name":"Miguel Matias","description":"Miguel has a degree in Computer Science from Faculdade de Ciências de Lisboa and an MBA from the University of Narrava, Spain. Miguel started his career in telecommunications, electronic services, and energy, focusing on R&D. In 2004, he became Director of Innovation and e-Business at Galp Energia, and, two years later, he founded SelfEnergy, a company specialized in sustainability programs, energy efficiency, renewable energy and smart cities. SelfEnergy was recognized as the first Portuguese ESCo to develop integrated energy services and is now an international company. Currently, he is CEO of SelfEnergy UK, the vice-president of ESTA (Energy Services Technology Association) UK, business angel in companies of the sector, and CEO of ENERGY KEME which he joined in 2020.","link":"https://www.linkedin.com/in/miguel-matias-106b6ba/","role":"CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63a/1fc/215/63a1fc21558dd130977021.jpg","avatar_id":73949},{"id":57,"promoter_id":277,"name":"Teresa Simas","description":"Teresa has a P.h.D in Environmental Engineering from Universidade Nova de Lisboa. She started her career as an ecological modeling researcher. Following this, she worked as a consultant to implement European Water Quality Directives in Portugal and develop Environmental Impact Assessments at national and international levels. In 2008 she joined the team of WavEC, Offshore Energy Center in Lisbon, as coordinator of the Marine Environment and Public Policies department. Teresa was a guest lecturer in the European Master in Renewable Energy (EUREC) at the Instituto Superior Técnico in Lisbon for eight years. She is the author of several articles and reports. Teresa joined Keme Energy in September 2020, where she serves as Managing Director.","link":"https://www.linkedin.com/in/teresasimas/","role":"Managing Director","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63a/1fc/e00/63a1fce00484a939392223.jpg","avatar_id":73950},{"id":58,"promoter_id":277,"name":"Pedro Pires","description":"Master in Mechanical Engineering and PhD in Robotics from Instituto Superior Técnico. Nuno was an IT consultant for Grupo Crédito Agrícola. Participated in several international multidisciplinary engineering, medicine, and product design projects. He integrated WavEC Offshore Renewables to develop wave energy converters at scale. He participated in developing and managing projects related to energy optimization, underwater robotics, offshore energy export, offgrid aquaculture energy, and marine monitoring for remote areas. In 2018, Nuno became the technology and monitoring coordinator for WavEC. In 2020 he completed his Commercial Aircraft Pilot course, and in 2021 he joined Keme Energy as a project engineer.","link":"https://www.linkedin.com/in/pedromspires/","role":"Project Engineer","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63a/201/148/63a201148f357680941199.jpg","avatar_id":73951}]

Business Model
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