Shell and Verdagy to Collaborate on Renewable Hydrogen Projects
04.01.2024 By Tank Terminals - NEWS

April 01, 2024 [Port News]-Verdagy, a renewable hydrogen electrolysis company announced, that Shell provided technical endorsement of Verdagy’s eDynamic electrolyzers, according to the company’s release. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.

 

Verdagy worked with the Shell team to successfully complete a rigorous “HAZOP” (safety) review along with a detailed Design and Technology Development Review of Verdagy’s electrolyzers, as necessary and important steps to commercial adoption within Shell.

Shell conducted Technical Feasibility and Technology Development Reviews for Verdagy’s 20 megawatt (MW) eDynamic Electrolysis system, which included in-depth diligence of electrolyzer operation, performance, stability and safety. Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.

Verdagy’s electrolyzers provide the lowest levelized cost of hydrogen (LCOH) by combining high current densities, the widest operating range in the industry and fast response, to enable seamless coupling with renewable power sources. Verdagy is committed to achieving the US Department of Energy’s goal of $2/kg of levelized cost for renewable hydrogen by 2026; the company was recently awarded a $39.6M grant (pending negotiations) by the Department of Energy to accelerate the high-volume manufacturing of Advanced Alkaline Water Electrolysis eDynamic electrolyzers.

Verdagy has commercialized advanced electrolysis technology for the large-scale production of renewable hydrogen. The company’s industry-leading solution reduces both upfront capital costs and ongoing operating expenses, to achieve the industry’s lowest levelized cost of hydrogen. In addition to its Silicon Valley factory, Verdagy operates its R&D and highly automated commercial pilot plants in Moss Landing, California.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More