Global Energy Ventures (GEV), based in Australia, and the German engineering company ILF Beratend Ingenieure (ILF) have signed a memorandum of understanding for the identification and development of green hydrogen projects in Europe and Australia.
Suitable projects could include both onshore and offshore applications for their compressed hydrogen shipping solution (C-H2).
ILF’s engineering expertise spans the hydrogen value chain from renewable energy, water supply to hydrogen production, transportation and storage and offers solutions for a wide range of hydrogen-related projects.
The MoU gives GEV access to the rapidly developing hydrogen economy in Europe, a world leader with a clean energy policy, incentive programs, deep ESG funding pools, generation and hydrogen demand centers.
Up to 85% of the proposed green hydrogen projects worldwide are in Europe, with a pipeline of over 9 GW in Germany, 6 GW in the Netherlands and 4 GW in the UK, all expected to be operational. ‘by 2030.
GEV Chief Executive Officer Martin Carolan said: “GEV has identified Europe as a key market for the company’s C-H2 transport and supply chain, with the renewable energy sector growing at a rapid pace. fast in recent years and the transport of green hydrogen using compression very suitable for short to medium distances to future demand centers such as Germany.
“The MoU with ILF will establish the launch of GEV in Europe with one of the world’s largest engineering firms with expertise in the design and implementation of green hydrogen projects.
“ILF’s experience in the field of hydrogen, its solid reputation in project delivery and its long-standing relationships will benefit GEV in Europe, while we will also look to ILF’s expertise throughout along the value chain of hydrogen projects in Australia.
Jens Kottsieper, ILF Business Development Director, said: “ILF views Australia as a major supplier of green hydrogen, and we look forward to applying our expertise across the value chain.
“We also recognize the need to transport hydrogen to Europe given the need for large quantities.
“The transport of large quantities of gas has been a subject that has occupied us for more than 50 years.
“We are pleased to be able to complement our pipeline and hydrogen expertise with GEV’s expertise in low cost ship transport.
“Cooperation with GEV allows us to advise our customers even more globally on their transport issues in order to develop a solution adapted to their specific needs.
“ILF is competent in consulting, engineering and project management; GEV is competent in project implementation.
“With our common support, the gas is really flowing.”