Recording of Thursday, June 20, 2024 | The smarter E Europe 2024 | Exhibition Program | Language: English | Duration: 25:06 .
The speaker, addressing the audience at Interzola, discusses their company HydroGenius and its approach to hydrogen storage and transportation through Liquid Organic Hydrogen Carriers (LOHC). Founded in 2013 as a university spin-off with significant backing from investors like Hyundai and Chevron, HydroGenius focuses on storing hydrogen safely and cost-effectively. The speaker highlights that unlike electricity, hydrogen's complexity arises from varying purity requirements for different applications such as heating or power generation. While discussing the challenges of transporting hydrogen, they emphasize safety concerns which can be mitigated by substantial investment. They also stress sustainability goals aimed at decarbonization amid regulatory uncertainties due to inconsistent global standards for "green" hydrogen. LOHC technology binds hydrogen molecules exothermically to oil for safe transport using existing infrastructure like ships or trucks; it then releases them endothermically where needed. Despite skepticism regarding efficiency compared to alternatives like ammonia shipping, LOHC leverages current oil transport infrastructures potentially saving billions in industry adaptation costs. Currently, HydroGenius has delivered twelve containerized systems and is scaling up industrial production capabilities.
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Ralf Ott
Head of Policy and Regulation
Hydrogenious Lohc Technologies GmbH
Germany
It is foreseeable, hydrogen and its derivatives will be shipped to Europe in the years to come and prompt the path of the energy carrier. What form will play what role amongst to option on the table? It still looks like an open race.
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