Vopak Outlines 3 Main Solutions for the Energy Transition
05.06.2021 - NEWS

May 6, 2021 [Tank News International] The U.S. renewable diesel market is hot—so hot, in fact, that one of the feedstocks for the highly profitable renewable fuel is running low, according to Valero.


Marcel van der Kar, global director of new energies at Vopak outlined the three main solutions that the world’s largest terminal operator is looking at in regards to the energy transition at this year’s Terminal of Tomorrow online conference.

The first is hydrogen. “Vopak is looking very closely at liquefied hydrogen,” he explained, “which is very comparable to LNG. It can be shipped and stored but it is a very capital-intensive solution and must be extremely cold, which requires a lot of energy.”

Hydrogen can also be transported as a gas, possibly by converting natural gas pipelines or constructing new pipelines – but he added that creating new pipelines, particularly under the sea, is an extremely expensive and long process.

The second solution Vopak is looking at is ammonia. “Ammonia is interesting solution” van der Kar said. “It’s a product that contains a lot of hydrogen and can be shipped and stored. Vopak is already storing ammonia in five different terminals however it is very toxic. We understand the product, but it needs lots of attention so is only suitable for specific markets.”

The third solution Vopak is looking at is liquid organic hydrogen carrier (LOHC). “You can store and transport this in existing tanks and pipelines which has a lot of advantages,” van der Kar explained. “It makes the transition safer and quicker but it also has disadvantages – you then have to disconnect the hydrogen from the liquid again at the end location.”

Vopak is currently working on projects for all three solutions.

Click Here to Access Today a 6,350 Tank Terminal Database With a Pro Trial

6,350 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

PNOC Seeks Creation of Strategic Petroleum Reserves
08.12.2022 - NEWS
August 12, 2022 [ The Philippine Star Global ] – State-run Philippine National Oil Co. (PNOC) w... Read More
Egypt to Double Oil Storage Capacity at Al-Hamra Port In 3 Years: Asharq
08.12.2022 - NEWS
August 12, 2022 [ Arab News ] – Egypt is working to double the oil storage capacity at Al-Hamra... Read More
Gulf Unit Invests
08.12.2022 - NEWS
August 12, 2022 [ Bangkokpost ] – Gulf International Investment (Hong Kong) Ltd (Gulf HK), a wh... Read More
Exlusive Uniper Could Swap Australian LNG for Atlantic Gas to Supply Europe Quicker
08.12.2022 - NEWS
August 12, 2022 [ Reuters ] – Germany’s Uniper is prepared to swap liquefied natural gas ... Read More