Communicator
Sustainability |
An aerial view of the Port of Sines. Photo: Port of Sines H2Sines.Rdam, a proposed 400MW green hydrogen project in Portugal, aiming at shipping liquid hydrogen from Portugal to the Netherlands, has been cancelled despite being in line for a multi-million-euro grant from the E.U. Innovation Fund. The cancellation is justified by a lack of market and clear regulations for the project. An assessment by Shell concluded that the project was no economically viable. One main deterrent is the lack of ships with sufficient liquid hydrogen carrying capacity. The project partners Engie, Shell, storage tank company Vopak and shipping firm Anthony Veder decided to terminate the project in October 2023. Source: Hydrogeninsights, 5th Apr 2024 |