New platform focused on developing and delivering hydrogen pipeline transportation, salt cavern hydrogen storage projects.
Here’s an article posted in Infrastructure Investor that talks about the hydrogen pipeline platform, NeuVentus, launched by Lotus Infrastructure in Texas.
According to the article,
- Lotus Infrastructure Partners launches NeuVentus platform for hydrogen pipelines
- Initial projects in Texas Gulf Coast region
- Commitment to safe and reliable clean energy delivery
- Partnership with Lotus Infra to build first US hydrogen pipelines
- Lotus Infra, a private equity firm, has raised over $3 billion
The plan that Lotus Infrastructure Partners has for NeuVentus is:
- Fee-for-Service Transportation and Storage Services: Once implemented, NeuVentus’ initiatives will offer fee-for-service transportation and storage solutions for clean hydrogen, crucial for the wider acceptance of hydrogen as an energy carrier and fuel.
- Decarbonizing Hard-to-Abate Industries:NeuVentus will play a vital role in advancing the nation’s energy shift by enabling the decarbonization of challenging industries through dependable transportation and storage of clean hydrogen, as well as its derivatives such as ammonia and methanol.
- Integration with Existing Clean Energy Infrastructure: NeuVentus will integrate with existing clean energy infrastructure by utilizing renewable energy sources to power the production of clean hydrogen and providing transportation and storage services to adjacent industries like industrial gases.
- Experienced Management Team: NeuVentus is led by an experienced management team with more than 60 years of cumulative relevant industry experience, spanning renewable power markets, tax equity financings, and traditional oil and gas infrastructure.
Overall, NeuVentus aims to accelerate North America’s energy transition by providing a reliable and efficient means of transporting and storing clean hydrogen, which is a key component in the broader adoption of hydrogen as an energy carrier and fuel
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Interestingly, we have some other posts related to this content:
Hydrogen Pipeline In North Sea: RWE and Equinor Partner – RWE and Equinor have embarked on a joint venture to construct a green hydrogen pipeline connecting Germany and Norway. Green Hydrogen Pipeline To be Constructed by Norway and Germany A groundbreaking initiative between Norway and Germany plans to establish a hydrogen pipeline by 2030. Hydrogen Pipeline For Thyssenkrupp Steel Air Liquide: Powered by Air Liquide Air Liquide has completed a 4-kilometer hydrogen pipeline to Thyssenkrupp Steel in Duisburg, Germany.
