Latent Drive Secures Funding for HydroPort Project at Portland Port
Key Ideas
- Latent Drive has received £630,000 funding from Innovate UK for its HydroPort project at Portland Port.
- The project aims to explore hydrogen opportunities at Portland Port in collaboration with Portland Port Limited.
- Quantum Commodity Intelligence offers a premium subscription service for professionals in various markets, including hydrogen.
- Subscribers to Quantum Hydrogen service gain access to daily price assessments, market news, and fundamental trade data.
Latent Drive, a company focused on sustainable transportation solutions, has successfully secured funding of £630,000 from Innovate UK for its HydroPort project at Portland Port. This project is set to focus on exploring hydrogen opportunities at Portland Port in partnership with Portland Port Limited (PPL). In a related development, UKEn has signed two Memorandums of Understanding (MoUs) with PPL to jointly pursue hydrogen opportunities. Quantum Commodity Intelligence offers a premium subscription service, Quantum Hydrogen, catering to professionals in oil, biofuels, carbon, ammonia, and hydrogen markets. Subscribers to this service receive daily price assessments, market news, fundamental trade data, and the Quantum Hydrogen Daily market report via email. This funding and collaboration signify a positive step towards furthering hydrogen initiatives and innovation within the United Kingdom's energy sector.