21 December 2022
Through its subsidiary Louis Dreyfus Ports and Logistics, Louis Dreyfus Armateurs develops an innovative vessel, FRESH, dedicated to green hydrogen and ammonia
Louis Dreyfus Ports and Logistics (LDPL) has developed an innovative seagoing Floating Renewable Energy Solution for Hydrogen vessel (FRESH) capable of storing and supplying renewable energy in the form of hydrogen using green ammonia.
This initiative is supporting the world economy efforts to lower its carbon intensity by shifting to renewable energies such as solar and wind. The intermittency of these energies requires the power generation plants to include expensive battery energy storage systems (BESS) or to use high energy density energy carrier like hydrogen. The latter solution is far more economical at utility scale but also allows the international export of green electrons in the form of hydrogen or a hydrogen carrier such as ammonia, which can be transported from the green energy production regions to the demand centers in Europe, Northeast Asia, or North America.