Recent geopolitical instability and energy security fears are accelerating hydrogen adoption, bringing forward large-scale demand, and increasing the need for efficient shipping of hydrogen in gaseous, liquid or chemical state – and the need to deliver the hydrogen to customers in a ‘ready to use’ state.
Australian public company Provaris Energy Ltd (Provaris) is now executing a development programme to be the market-leading provider of compressed hydrogen by sea from Australia to the high-demand hubs in Southeast Asia, and supply sources located within mid-range shipping distance of the major ports in Europe, connecting to the key industrial hubs seeking supply in order to meet their decarbonisation goals.
“The development of an efficient way to load, store, and transport hydrogen by sea, and to discharge and distribute the hydrogen at the receiving port, is key to connecting low-cost supply with markets short on domestic supply,” commented Martin Carolan, Managing Director of Provaris Energy.
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