Shell, Nasa, McDermott, University of Houston to research hydrogen storage
Shell International Exploration and Production is at the head of the consortium. The Department of Energy granted a consortium a $6 million grant for researching hydrogen storage to help advance development in this zero-emission fuel. The consortium will be creating and fine-tuning new ways to store liquid H2 as a fuel. Royal Dutch Shell PLC subsidiaries and McDermott International Ltd have taken the lead over a consortium of Houston companies and institutions. The group will work together to pursue hydrogen storage technology development. Beyond the Department of Energy’s $6 million grant, S…
Shell International Exploration and Production is at the head of the consortium.
The Department of Energy granted a consortium a $6 million grant for researching hydrogen storage to help advance development in this zero-emission fuel.The consortium will be creating and fine-tuning new ways to store liquid H2 as a fuel.
Royal Dutch Shell PLC subsidiaries and McDermott International Ltd have taken the lead over a consortium of Houston companies and institutions. The group will work together to pursue hydrogen storage technology development. Beyond the Department of Energy’s $6 million grant, Shell International Exploration and Production Inc. is contributing another $3 million to the research. Moreover, McDermott subsidiary CB&I Storage Solutions will add another $3 million. These will bring the total project budget to $12 million. McDermott, Shell and the other consortium members will work together to demonstrate that liquid H2 tanks are a feasible way to store the renewable energy. Moreover, they also intend to show that the tanks are cost-competitive at import and export terminals, said a recent news release from the consortium. The project’s timeline is currently slated at three years.