TECO 2030, Shell and partners to receive €5m to realise hydrogen-powered tanker
The HyEkoTank hydrogen powered tanker will demonstrate zero emission at berth and 60% reduction of GHG emissions during voyage.
TECO 2030 with partners have been invited for HORIZON EUROPE funding of EUR 5 million to realise the hydrogen powered tanker concept, HyEkoTank. All beneficiaries have now signed the GA Declaration of Honour, stating that they are committed to participate in the project. The consortium expects to finalise the Grant Agreement process within the end of this year, and plans project startup by February 1st, 2023.
In addition to TECO 2030, Shell International Trading and Shipping Company Limited and Shell International Exploration and Production BV, the HyEkoTank project involves partners Ektank AB, Blom Maritime AS, TECO Solutions AS, Umoe Advanced Composites AS (UAC), FKAB Marine Design, Neste Oyj, and UiT - The Arctic University of Norway.
The HyEkoTank project will retrofit a 18.600 DWT product tanker with a 2.4 MW fuel cell system by TECO 2030 and 4000 kg compressed hydrogen storage for demonstration in 2024.
The HyEkoTank hydrogen powered tanker will demonstrate zero emission at berth and 60% reduction of GHG emissions during voyage. This pioneering project could become a first mover in this maritime shipping segment and contribute to achieving the ambitious climate targets set by the European Union. As part of the European Green Deal, the EU has committed to reducing GHG emissions by 55% by 2030, and a binding target of achieving climate neutrality by 2050. Under the 'Fit for 55 package' the EU is currently developing its climate, energy and transport-related legislation to align current laws with the 2030 and 2050 ambitions.
Tore Enger, Group CEO, TECO 2030, says:
"The hydrogen tanker concept will be a state-of-the-art vessel retrofitted to reduce up to 100% of GHG emissions during voyage and at berth. There is no doubt that zero emission is the way forward if we have any ambition to reach the targets in the Paris Agreement."
Carl Henrickson, General Manager Technology, Innovation & Digitalisation, Shell Shipping and Maritime, says:
"Shell is proud to be a part of this fuel cell project, which aims to demonstrate the viability of hydrogen as a zero-carbon fuel for the maritime sector. Our target is to be a net-zero emissions energy business by 2050 and to accelerate this transition we are partnering with customers and businesses from across the sectors. Shell will purchase the fuel cell system and provide the renewable hydrogen to power this pioneering project as we continue to drive innovation to deliver the cleaner energy solutions that our customers need."
Lauri Helin, Vice President, Logistics & Operations Oil Products, Neste, says:
"Supporting the shipping industry towards carbon neutrality requires partnerships, new innovations and utilizing all available solutions. As maritime is one of the largest sources of transport emissions, there is an urgent need for lower-emission solutions that are available already today. This is again another step towards decarbonizing the industry and well aligned with our sustainability targets to enable low carbon shipping of renewable fuels."