MOL partners with EDF Renewables to facilitate green hydrogen and offshore wind projects
Japanese shipping line Mitsui O.S.K. Lines (MOL) and French renewable energy company EDF Renewables have agreed to jointly support developments in green hydrogen and the offshore wind sector.
PHOTO: Floating offshore turbine of Provence Grand Large in France - a small-scale pilot project intended to demonstrate economic viability offshore floating windfarms. Capa Corporate/EDF Renewables
Green hydrogen is produced from water electrolysis, using renewable energy to power electrolysers.
Under this agreement, both companies will collaborate and combine their expertise to facilitate green hydrogen and offshore wind projects worldwide.
“We're very keen to the future innovation on maritime transport both in offshore wind business and green hydrogen development worldwide and committed to contribute to Japan's energy transition,” EDF Renewables’ vice president of international operations Frèdèric Bello says.
In June this year, Japan revised its hydrogen strategy and fixed targets to expand consumption of hydrogen to 3 million mt/year by 2030, 12 million mt/year by 2040 and reach 20 million mt/year by 2050. The revised strategy also supports initiatives in shipbuilding and marine machinery required to introduce zero-emmission ships.
Both companies “aim to contribute to offshore wind energy goals and meet hydrogen strategies towards a net zero carbon future,” MOL adds.
MOL has expressed its interest in pursuing renewable energy business and has recently collaborated with some other companies for hydrogen-related projects.
MOL has collaborated with Japan’s Kyushu University and industrial machinery supplier Taiyo Sangyo to develop a new technology to assist onboard hydrogen production.
Also, MOL has partnered with Nippon Yusen Kabushiki Kaisha (NYK Line) and Kawasaki Kisen Kaisha (K Line) to develop a liquefied hydrogen (LH2) carrier to import hydrogen into Japan.
By Tuhin Roy
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