Electricity + Control October 2019

ENGINEERING THE FUTURE

and global transport of hydrogen and contribute to the development of hydrogen-based economies.” Junya Nagase, GM for Precious Metals, Mineral Resources Trading Division, Mitsubishi Corporation, said, "Asian countries have recognised hydrogen as a valuable energy carrier and the LOHC technology is expected to provide an economically viable solution that is ideal for storing large volumes of hydrogen in densely populated urban areas as well as distributing it over long distances. We expect that LOHC will play an important role in the Asian energy market in the future." As one of the leading suppliers of premium polymers, Covestrosees innovationandsustainability as driving forces behind the continuous development of the company’s products, processes and facilities. The advantages of LOHC technology in terms of scalability and feasibility of hydrogen transportation align with this approach and these are the advantages in which Covestro is investing. Dietrich Firnhaber, Head of Strategy & Portfolio Development at Covestro, highlighted that: “Affordable and clean energy is a key issue for the chemical industry and we believe hydrogen has the potential to become an important energy vector in the future. We believe that the LOHC technology is a promising solution for its transportation and storage.” Commenting on this latest investment into Hydrogenious LOHC Technologies, Andrew Hinkly, Managing Partner at AP Ventures said, “I’m delighted to welcome these new strategic LOHCTechnology Hydrogen will play an important role in the low-carbon energy demand of the future. Storing hydrogen, using dibenzyltoluene as the Liquid Organic Carrier enables safe and efficient handling of hydrogen within existing fuel infrastructure. Hydrogenious’ LOHC technology makes it possible, for example, to store hydrogen produced in areas where there is a surplus of renewable energy and transport it efficiently using existing fuel infrastructure to locations where there is a demand for renewable energy.

investors to Hydrogenious LOHC Technologies. Daniel and his team have made significant developments in this technology during the past five years and I look forward to the next stage in the development of the business.”

For more information visit: www.hydrogenious.net

Images: Hydrogenious LOHC Technologies

The first steps towards a global LOHC hydrogen infrastructure: setting up Hydrogenious LOHC Technologies facilities in the USA.

Hydrogenious LOHCTechnologies Hydrogenious LOHCTechnologies GmbH was established in 2013 as a spin- off of Friedrich-Alexander-Universität Erlangen-Nürnberg with the aim of developing LOHC technology. On the basis of the recent investments from Royal Vopak, Covestro and Mitsubishi Corporation and initial investments from AP Ventures as well as partnerships with companies such as Frames, Clariant, Eastman Chemicals and MAN, Hydrogenious LOHC Technologies is well positioned to make its vision of LOHC-based hydrogen infrastructure a reality. The company is based in Erlangen, Germany and employs 70 highly skilled team members. It is a global leader in the field of hydrogen storage technologies based on Liquid Organic Hydrogen Carriers (LOHC). It builds plants for the hydrogen logistics industry and hydrogen refueling stations based on the LOHC technology.

Electricity + Control

OCTOBER 2019

41