Dutch terminal company VTTI and the European Green Hydrogen Acceleration Center (EGHAC) are to jointly develop large-scale domestic hydrogen production and import facilities in major European ports.
EGHAC was founded and is run by sustainable energy investor EIT InnoEnergy to help companies de-risk and accelerate green hydrogen, ammonia, methanol, and aviation fuel projects through early stage investment. EIT InnoEnergy is the world’s largest investor in sustainable energy innovations and is backed by the European Institute of Innovation and Technology (EIT).
VTTI New Energies is already developing projects in hydrogen, hydrogen carriers, renewable natural gas, waste-to-renewables and carbon capture, and is building a state-of-the-art bioenergy facility producing green gas and organic fertilisers in the Netherlands. It is also part of the consortium of companies led by the Port of Rotterdam which in May 2022 pledged to supply 4.6 million tpa of hydrogen to European markets by 2030.
(Source: Tank Storage Magazine)