DNV has signed an agreement with Keppel Offshore & Marine (Keppel O&M) for collaboration on the hydrogen value chain.
he aim of the collaboration is to explore safe implementation of potential new technologies, working jointly with governmental agencies to advance hydrogen as an energy source in the Singapore market to support the country’s decarbonization goals.
More specifically, DNV and Keppel O&M will cooperate to explore and develop a range of topics including:
- Safety requirements for hydrogen as an energy source;
- Infrastructure requirements for hydrogen storage and local transportation;
- Offshore applications for hydrogen technology.
Some of the safety studies and pilot activities will be carried out within Keppel O&M’s Floating Living Lab, which aims to be a platform for the industry to testbed new energy technologies.
Furthermore, a recent report by DNV highlighted ten technologies that will drive the energy transition in the next five years.
According to the report, green hydrogen production: In the coming decade, we see increasing cost competitiveness for green hydrogen from electrolysis by improving efficiency and decreasing capex. In areas with abundant renewable resources and low-priced electricity, the costs of green hydrogen will drop even further. AE and PEM are the most developed hydrogen technologies, but SOE and AEM may yet have a future.