Martin Carolan, GEV Managing Director and CEO commented: “The European Commission has undertaken extensive research highlighting the requirement for low-cost and efficient transport carriers are required to support the large demand of renewable hydrogen needed to satisfy the EU Hydrogen Strategy.
This
research demonstrates the outcomes of GEV's Scoping Study in March this year were accurate and it highlights the benefits of compression in delivering one of many viable transport solutions required for the hydrogen economy to succeed.
GEV’s compressed shipping solution (C-H2) was specifically designed to minimise the impact of high energy costs and losses each time you handle the product, otherwise you need to build incredible scale in your solution just to reduce the overall transport costs.”