Jera invests in hydrogen shipping technology

Firm takes €15mn stake in Germany’s Hydrogenious LOHC Technologies as it looks to build hydrogen supply chain

Jera—a joint venture between Japanese utilities Tokyo Electric Power and Chubu Electric Power—has invested €15mn ($17.7mn) in hydrogen transportation firm Hydrogenious LOHC Technologies. Hydrogenious has been developing a liquid organic hydrogen carrier (LOHC) technology, which is seen as one of the best solutions for shipping hydrogen internationally. Making an LOHC involves attaching hydrogen to carrier molecules and then re-extracting pure hydrogen at the destination. LOHCs are similar to oil products and can be carried on product tankers, meaning they can utilise an existing pool of vessels. Conversion to and reconversion from an LOHC uses 35-45pc of the energy in the hydrogen itself.

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