New Delhi: ACME Group, a leader in renewable energy, has signed a Memorandum of Understanding (MoU) with Hydrogenious LOHC Technologies of Germany to explore creating a large-scale hydrogen supply chain from Oman to Europe, the companies said.
This partnership aims to leverage Hydrogenious’ Liquid Organic Hydrogen Carriers (LOHC) technology for the safe and efficient transportation of hydrogen, with an eye on extending the supply chain from the USA to Europe in the future.
Under the MoU, both companies will conduct a feasibility study on using Hydrogenious’ technology to store and transport green hydrogen produced in ACME’s projects in Oman and potentially the USA. This initiative seeks to capitalize on Oman’s rich renewable energy resources and the competitive hydrogen production costs afforded by the US Inflation Reduction Act.
The collaboration between ACME and Hydrogenious aims to supply green hydrogen to European industrial off-takers and the energy and mobility sectors, using an innovative method that allows hydrogen to be chemically bound to thermal oil benzyltoluene (LOHC-BT). This method facilitates the transport of hydrogen under ambient conditions, utilizing the existing liquid fuel infrastructure and enhancing safety by reducing the flammability risks associated with hydrogen.
“Green Hydrogen is emerging as a real opportunity that can transform the global energy systems and meet the decarbonisation goals of industry and governments,” said Ashwani Dudeja, Group President and Director, ACME Group. He noted the company’s commitment to developing efficient logistics for hydrogen transport as a key step in providing value to customers.
Toralf Pohl, Chief Commercial Officer, Hydrogenious LOHC Technologies, highlighted the shared goal of both companies to advance global decarbonization efforts. “Our collaboration will contribute to making clean hydrogen from the MENA region and the US available to European off-takers in the mid to long term,” Pohl said. He emphasized the suitability of LOHC technology for handling hydrogen in ports and urban environments, noting its non-flammability, stability, and competitive storage density.
