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29 JUN 2025
One proposed solution is the use of liquid organic hydrogen carrier (LOHC) technologies, wherein hydrogen is chemically combined into a liquid carrier for easier transport and storage, but LOHC requires reactors and other equipment that can be complex and expensive to set up.
The company announced that it has formed a consortium with a total of 14 European academia-industry institutions, including the American Bureau of Shipping (ABS) and the Dresden University of Technology, and will begin joint development of large-scale liquid hydrogen cargo tank technology starting next month.
Ammonia cracking is the process by which ammonia is decomposed into hydrogen and nitrogen over a catalyst.
The firm said the plants would be located in the port cities of Kokkola and Kristinestad (Kristiinankaupunki in Finnish) on Finland's west coast as well as in Porvoo in the southeast.
The off-shore projects commissioned from January 1, 2033, would be given graded ISTS charges. Earlier, all wind energy projects were provided waivers up to June 30, 2025.
The Oslo-listed company will carry out extensive engineering studies to identify the optimum technology solution and a suitable offshore site, as well as outline a business case.
The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 per cent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 trillion by 2035.
Nike introduced the H2 Barge 1 at its European Logistics Campus in Laakdal, Belgium. As part of its journey toward a zero carbon and zero waste future,
The order is expected to be fulfilled over several stages and on completion, Renova will have Sweden’s largest fleet of hydrogen-powered trucks.
The state-owned company has entered in a non-binding MoU has been signed with the Government of Andhra Pradesh for development of hydrogen hub near Vishakhapatnam.
