U.S. energy department picks Shell-led consortium for hydrogen storage project

McDermott International

13/10/2021 17:58

By Ruhi Soni
    Oct 13 (Reuters) - The U.S. Department of Energy (DOE)
awarded a contract to a consortium of companies led by oil major
Royal Dutch Shell PLC  RDSa.AS  to demonstrate that a
large-scale liquid hydrogen storage tank is feasible at import
and export terminals.
    Hydrogen has taken off in recent years as the future green
fuel of choice, with governments and businesses betting big that
the universe's most abundant element can help fight climate
change.
    Energy infrastructure construction company McDermott
International Ltd  MCDIF.PK , a part of the consortium, said
that the $12 million project also aims to show that a
large-scale liquid hydrogen tank is economic at terminals.
    Shell and McDermott will provide $3 million each, while the
DOE's Hydrogen and Fuel Cell Technologies Office will contribute
$6 million.
    NASA's Kennedy Space Center, hydrogen infrastructure firm
GenH2, and the University of Houston are also partners in the
project.
    The consortium will collaborate to develop a concept design
for the large-scale liquid hydrogen storage tank, and the group
will also engineer and construct a scaled-down demonstration
tank that will be tested to validate the feasibility of the
design, McDermott said. 

 (Reporting by Ruhi Soni in Bengaluru; editing by Uttaresh.V)
 ((Ruhi.Soni@thomsonreuters.com;))