A new project in Australia eyes development of the world’s first compressed hydrogen ship design (H2 Ship) to transport clean, renewable energy, in line with the country’s National Hydrogen Strategy.
Australian compressed natural gas company Global Energy Ventures (GEV) unveiled its H2 Ship that will have a storage capacity of up to 2,000 tonnes (23 million m3) of compressed hydrogen.
The company’s Marine Engineering and Development Teams have established an accelerated program to develop the technical specifications for an innovative compressed H2 Ship, including the cargo containment system, to be designed in accordance with ABS rules. The Company expects to achieve the first Approval In Principle (AIP) from ABS targeted for completion in the first half of 2021.
Smaller capacity ships will be evaluated by GEV for demonstration purposes based on specific pilot export projects.
Today, hydrogen is gaining popularity as the pillar for the next generation of renewable energy sources to achieve ‘net-zero carbon’ targets. Numerous governments and corporations have now mandated that the future production of hydrogen will focus on green hydrogen using clean, renewable energy.
The initiative is particularly in line with Australia’s National Hydrogen Strategy that includes the establishment of ‘Hydrogen Hubs’ for production and export to the country’s major energy trading partners across the Asia Pacific region.
The Australian Government, and other countries in Europe, have committed to provide significant financial stimulus to accelerate Climate Change Policy decisions and directly implement funding and policy support to further develop the full supply chain of hydrogen, including the growth of export markets. There is a growing list of Australian hydrogen projects moving through successful pilot and into a domestic scale-up phase that have export plans,
…Martin Carolan, Executive Director Corporate & Finance commented.
See also: EU reveals hydrogen strategy