Hydrogenious LOHC Technologies and Johannes Østensjø have founded a new joint venture company to develop and market emission-free liquid organic hydrogen carrier (LOHC)-based applications for shipping.
Unveiled today (July 2), Hydrogenious LOHC Maritime will aim to have a commercial product ready for operation from 2025 with a main focus on on-board LOHC/fuel cell propulsion systems on a megawatt scale.
This LOHC technology allows for safe, easy and efficient storage and transportation of hydrogen, helping to revolutionise the supply chain for hydrogen.
A unique aspect of this technology is that hydrogen is chemically bonded to a low-toxic, non-explosive and low-cost carrier oil which can be used to store and transport large quantities of hydrogen under ambient conditions.
This carrier oil is called Benzyltoluene and can be loaded and unloaded with hydrogen hundreds of times and is also recyclable many times over.
Hydrogenious’ Liquid Organic Hydrogen Carrier applies to conventional bunkering facilities onboard as well as in ports.
The joint venture’s initial project HyNjord has received NOK 26m ($3m) from the Norwegian Ministry of Climate and Environment.
Dr. Daniel Teichmann, CEO and founder of Hydrogenious LOHC Technologies and the joint venture’s Chairman of the Board, said, “The strategic planning for the new type of service operation vessel with LOHC was already a done deal at Edda Wind.
“Optimal for us to bring our stationary systems not first on the road, but sensibly on the water.
“Based on an exclusive worldwide licence agreement, Hydrogenious LOHC Maritime AS will make our proprietary LOHC technology available for onboard solutions for sustainable maritime traffic, i.e. develop, final assembly and market integrate carbon-free propulsion systems and offer aftermarket and other related services.”
Håvard Framnes, Investment Director in Østensjø Group as well as board member in Hydrogenious LOHC Maritime, said “Of all the potential zero-emission technologies, we find LOHC the most promising one.
“That is why we have prepared all six service operation vessels under construction in our subsidiary, Edda Wind, for LOHC-based propulsion.
“In addition, we can easily carry enough energy onboard our vessels in order to operate in normal intervals of up to four weeks without refuelling.”
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