Repurposing Oil Infrastructure for Green Hydrogen: Exolum's Pioneering Project in the UK
Key Ideas
  • Exolum in the UK is leading the way in repurposing existing oil networks for green hydrogen storage and transport, utilizing liquid organic hydrogen carriers for safe movement.
  • Major investors like CVC, Macquarie, OMERS, and Credit Agricole, along with UK government support, provide solid financial backing to the project.
  • The pilot project at Immingham port aims to transport 20 metric tons of green hydrogen through a 1.5-kilometer pipeline, potentially setting standards for scalability and future green hydrogen policies.
  • Success of Exolum's initiative could accelerate the global transition to sustainable energy sources, attract more investment, and position the UK as an innovative hub for green technologies.
Spanish oil storage firm Exolum is revolutionizing the use of oil infrastructure in the UK for green hydrogen storage and transport. Their pioneering project involves repurposing existing oil networks at the British freight port of Immingham. By employing liquid organic hydrogen carriers (LOHC), hydrogen can be safely transported in liquid form, addressing current challenges in the hydrogen supply chain. The support from major investors like CVC, Macquarie, OMERS, and Credit Agricole, combined with a significant contribution from the UK government, solidifies the financial backing for this innovative endeavor. The plan to move 20 metric tons of hydrogen through a short pipeline aims to demonstrate scalability and technical feasibility. A positive outcome from this pilot could influence future green hydrogen policies and investments globally. This initiative signifies a crucial shift towards cleaner energy sources, potentially accelerating the adoption of green hydrogen on a larger scale. The success of this project could attract more investment and policy support, boosting the green energy sector. Additionally, it reinforces the UK's reputation as a center for sustainable innovation, stimulating market growth and investor interest in green technologies.
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