Title
HYDRA Cryogenic - Collaboration Feasibility

CoPED ID
c7d051a4-a941-4dd7-95b2-3dab844cced5

Status
Closed


Value
£41,880

Start Date
Nov. 1, 2021

End Date
Jan. 31, 2022

Description

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Bulk carrier vessels are currently unable to transport CO2 or hydrogen cargoes safely. The transportation of CO2 or hydrogen cargoes by sea requires a purpose-built vessel. Very few such vessels currently exist. Construction of new vessels requires significant investment and also up to 4 years to complete (per vessel). The proposed Exagenica Research HYDRA Cryogenic project seeks to establish proof of market for a novel maritime engineering solution, with the potential to enable existing bulk carrier vessels to transport CO2 or hydrogen safely.

This would potentially transform shipping economics and also support Net Zero ambitions, by obviating the need for new vessel construction and facilitating long distance CO2 and hydrogen transport - in step with anticipated market growth for these commodities.

Rhys Watkins PM_PER
Rhys Watkins PM_PER

Subjects by relevance
  1. Hydrogen
  2. Transport
  3. Ships
  4. Cargo ships
  5. Sea transport
  6. Shipbuilding
  7. Maritime navigation
  8. Shipping

Extracted key phrases
  1. Exagenica Research HYDRA Cryogenic project
  2. Bulk carrier vessel
  3. New vessel construction
  4. Hydrogen transport
  5. Hydrogen cargo
  6. Novel maritime engineering solution
  7. Collaboration Feasibility
  8. CO2
  9. Anticipated market growth
  10. Long distance co2
  11. Net Zero ambition
  12. Significant investment
  13. Unable
  14. Shipping economic

Related Pages

UKRI project entry

UK Project Locations
1 km
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