Japan's Chiyoda inks hydrogen MoU
Chiyoda Corp on July 30 said it had entered into a memorandum of understanding with the Port of Rotterdam Authority and Koole Terminals in the Netherlands, and Mitsubishi Corp to jointly study importing hydrogen using its hydrogen storage and transportation technology.
The Port of Rotterdam Authority released its Hydrogen Master Plan in May 2020, aiming to promote the development of a hydrogen supply chain in northwestern Europe and become a hub for hydrogen imports. The Authority is aiming to import 100,000 to 200,000 metric tons of hydrogen in 2025 and 300,000 to 400,000 mt in 2030, with an estimated 20mn mt of imported hydrogen to flow through the Port of Rotterdam annually by 2050.
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Chiyoda said its Spera Hydrogen storage and transportation technology is expected to play a pivotal role in achieving these targets and the companies are discussing the introduction of the technology and related business opportunities. Spera Hydrogen is Chiyoda’s technology to transport and store hydrogen using a liquefied organic hydrogen carrier, with methylcyclohexane as the hydrogen carrier.
“Chiyoda will provide engineering studies centered on Spera Hydrogen technology to promote import and use of hydrogen, aiming to support CO2 emission reductions and realise a future sustainable environment in Europe," it said.