LOHC products can be carried on oil tankers
Vopak and Hydrogenious eye the future
Joint venture will make use of growing demand for carrier technologies, firms tell Hydrogen Economist
A new joint venture (JV) between Dutch storage operator Vopak and Germany’s Hydrogenious LOHC Technologies to advance the use of liquid organic hydrogen carriers (LOHC) to transport hydrogen will take advantage of a growing demand for the technology, the firms say. Hydrogen is more expensive and dangerous to transport than other fuels, such as natural gas, reducing the cost-effectiveness of global trade. Technologies that can address the cost and safety issues are therefore attracting investment interest because cheap productions centres—such as Australia, the Middle East and the Americas—tend to be located in different regions to net importers such as the EU and the Far East. There are five
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