Chariot has signed a memorandum of understanding with the Port of Rotterdam to import renewable hydrogen to the Dutch port, reports Platts.
About the MoU
Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.
Establishing supply chains
As informed, the MoU represents a first step towards establishing supply chains to import green hydrogen and ammonia to meet expected demand in the Netherlands and other countries in Northwest Europe.
Work together to connect
The two parties will work together to connect with off-takers and secure contracts for specific volumes.
“We are excited to be teaming up with Chariot, to help with the distribution element of their green hydrogen project in Mauritania. The project could turn Mauritania into a leading supplier of green hydrogen to Europe, making it one of the largest energy projects of its kind in the world,” René van der Plas, Director of Port of Rotterdam International, commented.
“This MoU is a considerable step forward for us on our green hydrogen project and we are delighted to be working with the Port of Rotterdam… Our green hydrogen project in Mauritania has the potential to establish the country as one of the cheapest producers of green hydrogen. Our ambition is to help the nation become one of the world’s main producers and exporters of green hydrogen,” Benoit Garrivier, Chariot Transitional Power CEO, said.
Russian fossil fuels
Since the onset of the armed conflict in Ukraine, Europe and its allies have been working to reduce their dependence on Russian fossil fuels and find sustainable alternatives in order to maintain the security of the energy supply. In March, the EU published its REPowerEU proposal which seeks to make Europe independent from Russian fossil fuels well before 2030.
Among several renewable energy sources, the role of green hydrogen is becoming increasingly important.
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Source: Platts
