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Chiyoda inks agreement to import hydrogen on an international scale

Chiyoda inks agreement to import hydrogen on an international scale

Chiyoda Corporation has inked a Memorandum of Understanding (MoU) with the Port of Rotterdam Authority, Koole Terminals and Mitsubishi Corporation to jointly study importing hydrogen on an international scale.

Unveiling details of the deal today (July 30), the group said it expects Chiyoda’s hydrogen storage and transportation technology, SPERA Hydrogen, to play a pivotal role in achieving import goals set by the Port of Rotterdam which the group is collaborating on.

In its Hydrogen Master Plan, unveiled in May 2020, the Port of Rotterdam Authority said it wants to import 100,000 to 200,000 tonnes of hydrogen in 2025 and 300,000 to 400,000 tonnes in 2030, with an estimated 20 million tonnes of imported hydrogen flow through to the Port annually by 2050.

Chiyoda will now introduce its technology to the Port, and other consortium members. In doing so, it will provide engineering studies centred on SPERA Hydrogen technology to promote import and use of hydrogen in Europe.

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