Electricity + Control October 2019

ENGINEERING THE FUTURE

at a glance

• Hydrogen has been recognised as a valuable energy carrier and LOHC technology is seen as a viable solution for storing large volumes of hydrogen and distributing it over long distances.

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H ydrogenious LOHC Technologies has attracted these further strong partners to extend its innovative Liquid Organic Hydrogen Carrier technology.They join APVentures which invested in the German-based company in 2014. Daniel Teichmann, CEO of Hydrogenious LOHC Technologies, said, “We warmly welcome our new investors and are excited to work with them

as strategic partners who share our vision of a LOHC-based worldwide hydrogen infrastructure. With these investments, our company will be strengthening its international industrial base, using the funding to bring additional projects to market.” The advantages of the partnership are not limited to financial support. The strategic international investors are committed to developing the LOHC technology as an essential component of the

international hydrogen infrastructure. The operational expertise of Vopak and the other new investors will enable international distribution of renewable energies via hydrogen. Stored in the carrier oil, hydrogen can be transported as easily and efficiently as conventional liquid fuels. “The combination of Vopak’s global terminal and knowledge network with this LOHC technology represents a breakthrough in the storage and logistics of renewable energies,” said Marcel van de Kar, Director New Energies at Vopak. “This strategic partnership will facilitate development of transregional

Hydrogen LOHC ReleaseBOX at the Hydrogenious LOHC Technologies site in Erlangen, Germany.

40 Electricity + Control

OCTOBER 2019