ABS, HHI & KSOE To Develop Decarbonization Technologies

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  • At COP26, ABS, HHI and KSOE have announced two landmark joint development projects to develop decarbonization technologies to support global sustainability ambitions.
  • The JDPs address green hydrogen production and offshore carbon capture and storage (CCS), two technologies which will be critical to achieving net zero.
  • ABS, HHI and KSOE will jointly develop technical guidance for green hydrogen production from offshore platforms as a key first step to the design and construction of a facility by 2025.

ABS, Hyundai Heavy Industries (HHI), and Korea Shipbuilding and Offshore Engineering (KSOE) have announced two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions, reports Business Wire.

The JDPs address green hydrogen production and offshore carbon capture and storage (CCS).

Guidance for green hydrogen production from offshore platforms

ABS, HHI, and KSOE will jointly develop technical guidance for green hydrogen production from offshore platforms as a key first step to the design and construction of a facility by 2025.

The project will use the electrolysis of seawater to generate green hydrogen. Later stages potentially include ABS approval in principle (AIP) and generic design approval, supporting engineering development right through to project construction.

CO2 injection platform for offshore storage

A second offshore carbon capture JDP is focused on securing an AIP for HHI and KSOE’s design for a CO2 injection platform for offshore storage. The platform is designed to be able to store 400,000 tons of captured and liquefied CO2 every year from 2025.

Green hydrogen is a fuel created using entirely renewable energy sources. Currently, only 1% of hydrogen fuel is produced this way, according to ABS.

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Source: Business Wire

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