New Coalition Launches To Enable First Clean Hydrogen Shipment Across Atlantic By 2026

New Coalition Launches To Enable First Clean Hydrogen Shipment Across Atlantic By 2026 - Carbon Herald

The Mission Possible Partnership, RMI, Systemiq, Power2X, and industry leaders have formed a coalition to encourage and enable shipment of the first shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will concentrate on supporting first movers in the US Gulf Coast and Northwestern Europe, with the goal of facilitating trade of more than three million metric tons per year of hydrogen in the form of ammonia and methanol through this corridor by 2030.

The breakthrough effort engages market players from suppliers to off-takers, as well as important market-making entities including major ports and associations in the United States and Europe. Coalition partners include the Center for Houston’s Future, the Port of Corpus Christi, and the Port of Rotterdam. MPP will serve as its Secretariat.

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The coalition is building membership, and its work has thus far been endorsed by over 20 companies central to the developing hydrogen economy including Ambient Fuels, Apex Clean Energy, Buckeye, BAES Infrastructure, Intersect Power, Linde, LyondellBasell, NextEra Energy, OCI, Shell, STX, Trafigura and Zhero.

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The announcement comes close to a year and a half after Russia’s invasion of Ukraine and the subsequent energy crisis, which critically affected European heavy industry. H2TC aims to significantly contribute to the EU’s goal of importing 10 million metric tons per year of renewable hydrogen by 2030.

Clean hydrogen provides a vital substitute for fossil fuels in essential industries such as fertilizer production and steelmaking, and its derivatives are the leading alternative to highly polluting bunker fuel in maritime shipping. Producers from the US Gulf Coast are expected to be among the most cost-competitive clean hydrogen exporters to Europe, given the region’s world-class ports, existing energy infrastructure networks, access to specialized labor, and other strategic advantages.

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H2TC will grant members access to in-depth analysis of regulatory and infrastructure requirements, supply and demand matching, and integration with capital markets. Members plan to collaborate closely with US and European governments to help them attain clean energy targets and inform regulatory frameworks to enable trade.

“H2TC marks an important step to open the gateway for cross-Atlantic shipments of clean hydrogen. The capacity to import relatively cheap clean hydrogen from the US to complement local production will have a direct and significant impact on the European industry’s efforts to deploy clean production processes at scale, including in the fertilizer, steel, and shipping sectors,” said Chad Holliday, Co-Chair of Mission Possible Partnership. “More broadly, it underscores the potential of targeted coalitions to overcome the critical next stage challenges to operationalizing net-zero commitments.”

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“The US Gulf Coast is at the forefront of the energy transition and is the world’s most attractive market to deliver low-emissions hydrogen. The region has the connective tissue in pipelines and salt dome storage, the low-cost renewables, and the know-how to produce, manage and transport molecules needed to deliver hydrogen to the world.” said Jacob Susman, founder and CEO of Ambient Fuels. “Promoting the export of hydrogen derivatives will enable the broader US hydrogen ecosystem to scale up much faster.”

“We consider the US Gulf Coast a natural home for the development of a clean hydrogen and ammonia production and distribution facility,” said Jamie Cemm, CEO of BAES Infrastructure. “With the ability to leverage the existing infrastructure of our parent company, Buckeye Energy Holdings, in Corpus Christi, we are well placed to provide cost competitive solutions to global hydrogen demands. We look forward to collaborating with our partners in H2TC to make this a reality.”

“NextEra Energy Resources is honored to be one of the industry leaders that is supporting this effort,” said Ross Groffman, vice president of hydrogen development for NextEra Energy Resources. “We are excited and continue to back initiatives that advance the green hydrogen economy.”

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