Provaris Energy Ltd's CEO Martin Carolan discussed the company's progress in CO2 storage and hydrogen transportation advancements. Their joint development agreement with Yinson Production aims to innovate CO2 storage tank designs to improve carbon capture and storage capabilities. This collaboration is crucial for enhancing large-scale storage and transportation of CO2. Additionally, Provaris is dedicated to meeting the European Union's Renewable Energy Directive II standards for hydrogen transportation by optimizing propulsion technologies. By focusing on efficiency and low-emission fuels, the company seeks to establish itself as a leader in hydrogen transportation in Europe. Carolan highlighted the broader implications of their developments, emphasizing the potential for more efficient storage solutions not only for CO2 but also for ammonia. Provaris aims to scale up its capacity while reducing costs, showcasing its commitment to driving innovation in the renewable energy sector.