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CORDIS

Enabling the Hydrogen Economy

Objective

"Hydrogenious Technologies is a pioneer and global industry leader in the field of hydrogen storage and transportation in Liquid Organic Hydrogen Carriers (LOHC). Hydrogen is a chemical energy carrier widely used in a range of industrial applications with large growth potential in the field of low-emission mobility and energy. However, due to the low density of hydrogen gas, storage and transportation of hydrogen using today’s technologies is technically challenging, inefficient and very expensive.
Hydrogenious' patented technology enables safe and cost-efficient high-density hydrogen storage in an easy-to-handle oil, thus eliminating the need for pressurized tanks for hydrogen storage and transportation. The LOHC used is non-toxic, almost inflammable, and offers a five-fold increase in storage capacity, compared with standard high pressure technology. LOHC will reduce the operating cost of hydrogen transport by up to 80% and open up new business opportunities for users. In the long term, LOHC technology will allow smart integration of renewable energy by enabling hydrogen mobility and sector coupling and will thus help decarbonize the world.
Initially, Hydrogenious plans to focus on the market for hydrogen logistics, followed by the market for mobility refueling solutions (fuel cell vehicles). Hydrogenious' technology has already attracted strong interest from a number of potential customers, including sales contracts worth ~1.5 Mio. € already signed. The goals of the Phase II project are to (i) develop a highly dynamic, fully automated hydrogen release system (the ""ReleaseBOX""), (ii) to reduce price, complexity and delivery time and (iii) to prepare commercial roll-out in key EU countries. Hydrogenious is targeting revenues in excess of €90m, with 235 employees, three years after completion of the project. The LOHC technology can be an important enabler for a strong European hydrogen economy and has the potential to create many thousands of indirect jobs.
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Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

HYDROGENIOUS LOHC TECHNOLOGIES GMBH
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 282 188,00
Address
WEIDENWEG 13
91058 Erlangen
Germany

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Bayern Mittelfranken Erlangen, Kreisfreie Stadt
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 260 268,75
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