ACME Group and Hydrogenious LOHC Technologies have agreed to jointly explore the development of large-scale hydrogen supply chains from Oman to Europe.
Under a Memorandum of Understanding (MoU), a feasibility study will be taken to evaluate hydrogen transportation from ACME’s Oman project to supply hubs in Europe using liquid organic hydrogen carrier (LOHC) technology.
The two companies wish to utilise Oman’s abundant renewable energy resources for hydrogen production. The partnership will potentially be extended to evaluate a hydrogen value chain from the US to Europe and exploit the Inflation Reduction Act’s production incentives.
Read more:Inflation Reduction Act one year on
Hydrogenious’ LOHC technology is designed for large-scale hydrogen imports via maritime supply chains, which can enable “viable and cost-effective import vectors to Europe.” ACME’s produced green hydrogen can be stored in LOHC and transported via tanker to Europe.
The process will see hydrogen safely binding to the thermal oil benzyltoluene (LOHC-BT) in a chemical process, which allows for the volatile green molecules to be stored and transported at ambient pressure and temperature using existing liquid fuel infrastructure.
Hydrogenious LOHC Technologies’ Chief Commercial Officer (CCO), Toralf Pohl, explained that the collaboration will make hydrogen from the MENA region and the US “available to European off-takers in the mid to long term.”
“Due to its inherent safety, LOHC-BT is particularly suited for handling hydrogen in ports and urban environments, as it is hardly flammable, very stable and has a competitive volumetric storage density, enabling large-scale, long-distance hydrogen value chains without hydrogen losses.”
Ashwani Dudeja, Group President and Director for ACME Group added, “While some will continue to challenge the economic and technical feasibility, we have taken conclusive decisions on our Oman project and partnering with Hydrogenious to develop efficient logistics using LOHC is the next step in delivering cost-effective value proposition for our customers.”
Yara Clean Ammonia has already agreed to offtake 100,000 tonnes of ammonia from ACME’s Oman facility – which secured a $490m loan last year (2023).
Read more: ACME secures $490m loan for Oman green hydrogen and ammonia project
Get up to speed on hydrogen with Class of H2
At a time when hydrogen is the new gold rush for so many investors and start-ups alike, and the skills gap risks becoming the skills gulf, H2 View’s Class of H2 presents a series of hydrogen training modules.
Our first masterclass is created to bring your hydrogen fundamentals up-to-speed, covering the basics, e-fuels and ammonia, low-carbon and green hydrogen production, turquoise hydrogen production, biomass pathways, and underground hydrogen storage.
To book your on-demand training session, click here. Or you can reach out to the Class of H2 team at +44 1872 225031 or [email protected].
