- Hydrogenious LOHC Maritime AS to develop new emission-free onboard propulsion system with promising LOHC/fuel cell solution for the global shipping industry.
- Enova supports initial project HyNjord with 2.5 million Euros.
An Ostensjo news report states that Hydrogenious LOHC Technologies and Østensjø Group join forces and tread a novel path towards safe zero-emission shipping.
A joint venture
Hydrogenious LOHC Technologies GmbH and Johannes Østensjø dy AS have founded the joint venture company Hydrogenious LOHC Maritime AS.
The aim is to develop and market emission-free propulsion systems for the global shipping market based on liquid organic hydrogen carrier (LOHC).
The company is aiming to have a megawatt-scale commercial product ready by 2025. By binding the hydrogen to the LOHC, this will be a particularly safe and low-cost technology.
Enova, owned by the Norwegian Ministry of Climate and Environment, announced today to support the joint venture’s initial project HyNjord with NOK 26 million (about 2.5 million Euros).
LOHC is suitable for storing and transporting maritime hydrogen
LOHC is an organic oil loaded with hydrogen. German based Hydrogenious LOHC Technology has developed and patented the LOHC technology, which is a process of loading hydrogen in a thermal oil as well as releasing it where and when it’s needed.
An important challenge for using hydrogen in shipping is safety. LOHC solves this, as it is neither inflammable nor explosive.
This makes the technology a particularly safe, easy and efficient way of storing and transporting hydrogen.
This is expected to revolutionise the supply chain for hydrogen, as LOHC can be used to store and transport large quantities of hydrogen under ambient conditions, using the already existing fossil fuel infrastructure.
The carrier oil – Benzyltoluene – can be loaded and unloaded with hydrogen many hundreds of times and is recyclable many times over.
The energy density of LOHC is also favourable, as a vessel can store 2-3 times more energy compared to compressed hydrogen.
“Our technology is very suitable for maritime use. It is optimal for us to bring our stationary systems, not first on the road, but sensibly on the water. Thus, we are very happy to have found the ideal partner in the Østensjø Group. The Østensjø Group, which is well established not only in Norway but also internationally, has seen LOHC as the game changer for the decarbonisation of shipping for some time”, comments Dr Daniel Teichmann, CEO and founder of Hydrogenious LOHC Technologies.
Huge market potential for the new company
The joint venture has an exclusive worldwide license agreement with Hydrogenious LOHC Technologies for maritime use of the technology.
“Hydrogenious LOHC Maritime AS will make our proprietary LOHC technology available for onboard solutions for sustainable maritime traffic”, comments Dr Daniel Teichmann.
“In Østensjø, we are very excited about this joint venture and the cooperation with Hydrogenious LOHC Technologies. We believe the technology provided by the joint venture can be suitable for most shipping segments, which makes the market potential huge for the company”, says Håvard Framnes.
Funding from Norwegian government enterprise Enova
Enova SF has decided to fund the development of a 200 kw pilot of the LOHC/fuel cell propulsion system – the focus of the first joint venture project HyNjord – with NOK 26 million (about 2.5 million Euros).
The planned application will integrate three core components on-board: The LOHC Release Unit, which releases hydrogen from the liquid organic carrier Benzyltoluene on demand on the ship, as well as a fuel cell and an interface to the ship’s power management system.
“We see a need to develop technologies for the use of various zero-emission energy carriers. LOHC will be a new alternative to compressed and fluid hydrogen, and the different energy carriers will probably have different advantages and areas of application. The HyNjord LOHC-project will give us valuable information in order to contribute for hydrogen to become a real alternative to fossile fuels”, says Øyvind Leistad, Marketing Director in Enova.
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Source: Ostensjo
