At RIFT, we are dedicated to decarbonizing industrial heat, by leveraging our cutting-edge Iron Fuel Technology. With industrial heat generation currently accounting for a staggering 20% of global GHG emissions, we recognize the urgent need for transition from fossil fuels to clean tech solutions. Our Iron Fuel Technology offers grid-independent scalability and practical feasibility in locations where alternatives fall short. Moreover, it is economically competitive, providing a cost-effective alternative to fossil fuels. With that, our mission is clear: decarbonize industrial heat and cut carbon emissions by 1 Gigaton of CO2 per year by 2050.
Iron Fuel Technology operates like a rechargeable battery for heat generation. Visualize iron powder as a unique energy carrier, akin to a charged battery. Through controlled combustion, this iron fuel transforms into high-temperature energy, serving diverse needs across industries. In the combustion phase, iron fuel efficiently burns in a specialized boiler, producing hot water, steam, or hot air. This process avoids direct CO₂ emissions and maintains ultra-low NOx emissions. Post-combustion, the production process converts rust (iron oxide) back into iron fuel using a hydrogen source. This flexibility completes the sustainable cycle, offering continuous and environmentally friendly energy solutions for industrial processes, district heating and electricity generation
“Combating climate change demands more than just good intentions; it requires decisive action. A vibrant ecosystem empowers us to turn a collective responsibility into concrete solutions, simplifying the path to sustainability and making it accessible to all.“
Mark Verhagen, CEO & Co-Founder
