- Significant financial backing worth a million dollars earmarked for Frankfurt's hydrogen venture
Sizable Grant for a hydrogen endeavor in Middle Franconia: German Economic Minister Robert Habeck (Greens) has given the nod to Erlangen-based Hydrogenious LOHC Technologies for a funding agreement worth 72.5 million euros. The German government will foot 70% of the bill, while Bavaria contributes the remaining 30%.
The company intends to utilize this funding to establish a facility in Bavaria for distributing liquid hydrogen. The project titled "Green Hydrogen @ Blue Danube" aims to supply as much as 1,800 tonnes of hydrogen annually to industrial enterprises in the Danube region from 2028. The location for this facility is yet to be decided.
Habeck commended the innovative facility developed by Hydrogenious LOHC Technologies, appreciating the versatile applications of the LOHC technology.
Liquid Organic Hydrogen Carriers (LOHC) are a means of binding hydrogen to a liquid for enhanced storage and transportation. Hydrogenious LOHC Technologies employs non-flammable oil benzyltoluol for this purpose.
The company claims that this method allows for the binding of hydrogen to the liquid to occur at lower temperatures compared to, say, ammonia utilized in other methods. Moreover, handling benzyltoluol is safer than dealing with ammonia. The oil can be transported via trucks, trains, or ships.
In addition to facilities for distributing liquid hydrogen, the company also focuses on developing hydrogen storage solutions and collaborates with partners in devising solutions for transporting and utilizing LOHC technology in the mobility sector.
The project's goal is to leverage the funding to improve the climate by reducing reliance on fossil fuels, as the facility will supply hydrogen annually. Due to the safer transportation options offered by Liquid Organic Hydrogen Carriers, the climate will benefit from reduced emissions during transportation.
