Hyundai Heavy Industries Set to Make Breakthrough in Hydrogen Supply
- January 13, 2022
- Posted by: Quatro Strategies
- Category: Energy
Transporting hydrogen by ship could be possible by 2025 according to Korea Shipbuilding & Offshore Engineering (KSOE). If realized, it will be a breakthrough for hydrogen supply, which is currently made by pipelines or trucks. Hydrogen is seen as a clean alternative to fossil fuels especially for industries and transportation.
KSOE, the shipbuilding arm of Hyundai Heavy Industries Group and one of the world’s biggest shipbuilders, wants to seize the opportunity as global interest for hydrogen as a cleaner alternative grows.
The biggest challenge is to keep hydrogen cool enough, at minus 253 degrees Celsius, to keep its liquid form, while avoiding damage to the vessel.
KSOE officials say they already achieved building a concept ship of 20,000 cubic meters of capacity. It seems marginal compared with the largest LNG tankers which can carry up to 266,000 cubic meters, but the size of hydrogen tankers can grow as technology develops.
According to the industry estimates in South Korea, one of the industry leaders in shipbuilding, around 20 ships with a 20,000 cubic meter capacity are expected to be built in the decade starting in 2030. If demand grows, the number may increase to 200 vessels of 170,000 cubic meters of capacity after 2040.
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