Spanish Company Pilots Innovative Green Hydrogen Transport in Britain
Key Ideas
- Exolum, a Spanish company, is pioneering the use of oil infrastructure to transport green hydrogen using liquid organic hydrogen carriers (LOHC).
- The pilot project in the U.K. at the Port of Immingham is supported by a government grant and aims to showcase cost-effective and secure hydrogen transportation.
- This innovative approach addresses challenges in the hydrogen economy and has the potential to accelerate the development of a green hydrogen economy by repurposing existing fossil fuel infrastructure.
- Exolum plans to release a report in 2025 outlining the costs and benefits of this new hydrogen transport system, signaling a step forward in sustainable energy solutions.
Spanish company Exolum has initiated a pilot project in Immingham, United Kingdom, to utilize existing oil infrastructure for transporting and storing green hydrogen at a commercial scale. Leveraging liquid organic hydrogen carriers (LOHC), which enable safe and efficient transport of hydrogen in liquid form, the project aims to address the challenge of cost-effective and secure hydrogen transportation. Exolum, backed by investment firms like CVC, Macquarie, OMERS, and Credit Agricole, will use facilities at the Port of Immingham to transport 400 cubic meters of LOHC containing 20 metric tons of hydrogen through a 1.5-kilometer pipeline. With financial support from the British government amounting to £505,000, the pilot project is expected to pave the way for a green hydrogen economy leveraging existing fossil fuel infrastructure. Exolum plans to release a detailed report in early 2025 outlining the potential costs and benefits of this innovative hydrogen transport system, signaling progress towards sustainable energy solutions and economic viability.
Topics
Green Hydrogen
Infrastructure
Innovation
Energy Transition
Transportation
Grant Funding
Economic Benefits
Pilot Project
Investment Firms
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