Hydrogenious LOHC Technologies said its project Green Hydrogen@Blue Danube has been officially notified by the European Commission of the European Union within the framework of the Important Projects of Common European Interest (IPCEI) Hydrogen.
Green Hydrogen@Blue Danube focuses on the use of the LOHC benzyltoluene as a carrier for the safe and efficient transport of green hydrogen in the Danube region.
To achieve this, a ReleasePLANT sized to supply and release approximately 1,000 - 2,000 tons of green hydrogen per year from LOHC will be constructed near the Danube to create an early hub for green hydrogen supply in Bavaria.
The project is an important milestone for Hydrogenious and will play a key role in the ramp-up of the European hydrogen market in the coming years.
Green Hydrogen@Blue Danube is part of the IPCEI "Hy2Infra" wave, following the IPCEI "Hy2Tech" and "Hy2Use" waves, which were notified in 2022.
Hy2Infra has been jointly prepared and notified by seven Member States: France, Germany, Italy, the Netherlands, Poland, Portugal and Slovakia. Within this wave, 32 companies will participate in 33 projects - 24 of which are located in Germany.
The German federal government and its states plan to invest about €4.6 billion in the German IPCEI hydrogen infrastructure projects. The companies will invest about €3.4 billion of private funds, bringing the total investment in Germany to about €8 billion.
Dr Daniel Teichmann, CEO and founder of Hydrogenious LOHC Technologies, said:
“We are very happy about the EU Commission's decision to officially notify Green Hydrogen@Blue Danube. It underlines the importance of LOHC technology for the ramp-up of the European hydrogen economy and the funding will accelerate and secure the implementation of the project.”
Robert Habeck, German Federal Minister said: “The projects in the Hy2Infra wave are important building blocks for ramping up the hydrogen economy in Germany and Europe.”
Margrethe Vestager, executive vice-president in charge of competition policy, commented:
“While the renewable hydrogen supply chain in Europe is still in a nascent phase, Hy2Infra will deploy the initial building blocks of an integrated and open renewable hydrogen network.”
Hydrogenious to boost green hydrogen production
