American Bureau of Shipping (ABS) announced that it signed a memorandum of understanding (MoU) with Korean industry leaders to conduct a feasibility study for a near-shore floating platform of green hydrogen production and liquefaction.
According to ABS, the Korean government is supporting commercial-scale production of green hydrogen, with the expectation of increasing energy self-efficiency.
The feasibility study will be included in a report from the Jeolla Province to determine the viability of developing a green hydrogen production and liquification facility at a near-shore floating platform utilizing off-shore wind-power.
Green hydrogen is a critical component in any net-zero scenario. ABS is leading the maritime industry in decarbonization and sustainability solutions, contributing our technical knowledge to develop comprehensive studies such as this one. We are proud to work with key partners to design a roadmap for the clean energy transition,.
…said Panos Koutsourakis, ABS Vice President, Global Sustainability.
“It is a great honor to be able to develop and commercialize the proposed technology through industry-university cooperation with Linde, the world’s best company in the field of hydrogen energy, HD Korea Shipbuilding and Offshore Engineering, the world’s best company in the field of offshore plants, and American Bureau of Shipping (ABS), a global leader in providing classification services for marine and offshore assets. We will strive to achieve this, and through this endeavor to create important value technically and economically,” said Euijoon Yoon, Ph.D., President of KENTECH.
Sungjoon Kim, HD Hyundai Group Chief Technology Officer, said, “HD Hyundai Group is pleased to contribute to the development of the green hydrogen production platform through this MOU, utilizing our many years of experience with offshore platform technologies and liquefied gas carriers. HD Hyundai Group will play a key role in contributing to the carbon-neutral era such as the development of green hydrogen production platforms.”
As explained, green hydrogen production does not require fossil fuels, but instead uses power from renewable energy sources such as offshore wind turbines to convert water into hydrogen and oxygen.