ABS, Hyundai Heavy Industries (HHI) and Korea Shipbuilding and Offshore Engineering (KSOE) launched two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions.
More specifically, the JDPs address green hydrogen production and offshore carbon capture and storage (CCS). In fact, ABS, HHI and KSOE will jointly develop technical guidance for green hydrogen production from offshore platforms as a key first step to the design and construction of a facility by 2025.
The guidance will facilitate the development of production facilities providing a vital contribution to the growth of a global green hydrogen economy
The project will also use electrolysis of seawater to generate green hydrogen. Later stages could potentially include ABS Approval in Principle (AIP) and generic design approval, supporting engineering development right through to project construction.
Furthermore, a second offshore carbon capture JDP is focused on securing an AIP for HHI and KSOE’s design for a CO2 injection platform for offshore storage. The platform is designed to be able to store 400,000 tons of captured and liquefied CO2 every year from 2025.
These projects are part of our continuous endeavors and commitment to a sustainable future that is aligned with HHI Group’s ESG vision, “Beyond Blue Forward to Green”
said Won Ho JOO, HHI Senior Executive Vice President and Chief Technical Officer.
What is more, Sung Joon KIM, CTO of KSOE, added that they are preparing the development of the whole value chains of both CO2 and green hydrogen.
“Securing the required quantities of zero-carbon fuels to power our industry’s transition will require significant scaling up of the global renewable energy sources
believes ABS Chairman, President and CEO, Christopher J. Wiernicki, explaining that green hydrogen will certainly have a critical role to play, “but we are starting from a very low base and increasing production is an urgent global priority.”
In the meantime, carbon capture is a potential game-changer, concludes Mr. Wiernicki.
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