Transhydrogen Alliance Formed for Green Hydrogen in Europe

Source: www.gulfoilandgas.com 3/23/2021, Location: Europe

Proton Ventures BV, an engineering and development company in the Netherlands, Dubai-based Trammo DMCC, a subsidiary of Trammo, Inc., a leading global commodities merchandising and trading company and market leader in anhydrous ammonia, VARO, a European mid- and downstream energy company, and the Port of Rotterdam signed a Memorandum of Understanding (“MOU”) for a joint initiative and mutual cooperation on the production and import of green hydrogen and green ammonia into Europe via Rotterdam, as well as worldwide export thereof from selected locations.

The consortium of parties (collectively, “The Transhydrogen Alliance”) intends to start its collaboration with an initial project for the production of green hydrogen produced from solar and wind rich areas and the import of such hydrogen in the form of green ammonia into Europe, thus offering a completely carbon-free solution to the market. The initial project is expected to be completed by 2024.

Based on the success of the initial project, “Transhydrogen Alliance” will target the import up to 500,000 tonnes of green hydrogen per year, which approximates 2.5 Million tonnes green ammonia, via the Port of Rotterdam. Producing large amounts of green hydrogen at competitive terms is a key element for all parties involved.

Through the partnership of the different actors in technology, logistics and sales, the group can manage the entire process in the green hydrogen and green ammonia supply chain

The representatives of the companies involved in the venture had the following comments

Hans Vrijenhoef, CEO of Proton Ventures: “Transhydrogen Alliance offers a fully integrated supply solution, with reduced costs for the import of green hydrogen and green ammonia into Europe. Through advanced technology we can make green energy available at an affordable cost. Proton Ventures, with its team of dedicated engineers, has been working on its state-of-the-art technology for over 10 years and in combination with renewable energy cost reductions our vision is becoming reality. We are very excited to be part of this group and look forward to working together with current participants as front runners in the energy transition.”

Christophe Savi, Head of Trammo’s Ammonia Division: “Trammo is proud to participate in the project and to help to advance the transition of the global Ammonia supply chain as well as the distribution of green energy such as Hydrogen. We are excited to work with a stimulating and engaging group of partners who seek to progress rapidly in achieving our shared goal of producing and providing to the industry a safe, clean and economically sustainable product.”

Theo Pannekeet, VARO’s Head of Renewables: “VARO is excited to be part of this consortium that aims to bring this green multi-purpose product to a center stage in the energy transition. The solution developed in collaboration with our partner is a great example of how existing technologies can be used to find innovative ways to address the future through new sustainable solutions.


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