Published by Todd Bush on November 20, 2024
Energy Observer’s efforts to build the world’s largest liquid hydrogen-powered cargo ship are being advanced with support from the European Union’s Innovation Fund. The containership concept, known as EO2, was selected from 85 applications to the fund and awarded €40 million (US$42 million) to advance the vessel’s development.
The current design of EO2 is a 160-meter (525-foot) containership with a carrying capacity of 1,100 TEU. Energy Observer began the project in 2022 with the ambition to develop a demonstration ship that would be the world’s lowest carbon-emitting cargo ship. Energy Observer launched in 2017 with a laboratory vessel powered by solar, wind, and hydropower along with battery and hydrogen storage systems. Their energy self-sufficient vessel emitted zero emissions, fine particles, and noise during a global demonstration voyage. Now, they are focusing on the EO2 containership.
"EO2 represents an exceptional challenge, turning laboratory research into reality," said Didier Boix, Managing Director of EO Concept. "With an onboard power of 4.8 MW, it’s equivalent to managing a fleet of one hundred hydrogen-powered vehicles, which means we need to step up our skills and rigorous management. We’re working at 360 degrees to integrate the ship’s technologies, structure a port ecosystem dedicated to liquid hydrogen, and develop a digital twin, not forgetting team training."
To complete the project, the initial investment is estimated at over €100 million, covering studies and construction of the vessel. The group submitted its application to the EU in April 2024 under a solicitation aimed at encouraging clean technologies in sectors that are difficult to decarbonize.
The EO2 design envisions a vessel with a range of 14 days and 1,600 nautical miles. Equipped with an electric propulsion system powered by hydrogen fuel cells, the vessel will feature 12 modules, each providing 400 kW LH2, enabling an average speed of 12.5 knots and a maximum speed of 16 knots. The fuel cells are being developed by EODev and its industrial partner Toyota.
The ship will weigh approximately 12,000 dwt and operate with a crew of 18. Over 10 years, the vessel is projected to reduce CO2 emissions by 112,250 tons. Commercial operations are expected to begin in 2029, primarily on Europe’s Atlantic and Channel coasts.
Accor, a French hospitality company, provided initial seed funding for the project. Other participants in feasibility studies include CMA CGM, Air Liquide, Toyota, EODev, LMG Marin, Bureau Veritas, Dassault Systems, and more recently Chart Industries. These collaborators contributed to identifying the optimal techno-economic model and selecting technical and logistical solutions for the pilot project.
The EO2 project aims to demonstrate the technical and economic viability of liquid hydrogen for maritime transport on short segments. It also seeks to bolster Europe’s leadership in the energy transition to clean technologies.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ Montana's $1.44B Bet on Aviation Fuel Enters Final Stretch 🌍 Carbon Removal Coalition Forms With Goal of Attracting $100-Million in Project Investments 🤝 Prime Minister Carney...
Inside This Issue ⛏️ Canada Nickel And UT Prove Mining Can Fight Climate Change 🛰️ OGCI And Carbon Mapper Team Up To Reduce Methane Emissions From The Oil And Gas Sector 🚛 RNG Continues To Lead As...
Inside This Issue 🧪 HyTerra's Kansas H₂ Could Power a Historic Industry First 🤝 Prime Minister Carney Secures Ambitious New Partnership With India Focused on Energy, Talent, and Technology Françai...
Carbon Removal Coalition Forms With Goal of Attracting $100-million in Project Investments
Leaders in Canada’s nascent carbon-removal industry have joined with several corporate and financial backers as well as the federal government in a bid to attract $100-million in project investment...
New Coalition Targets $100M for Canadian Carbon Removal Projects by 2030
An emerging industry to remove carbon dioxide out of the atmosphere got a boost on Thursday with the launch of an initiative to raise another $100 million for those projects. An emerging industry ...
TOKYO, March 6, 2026 /CNW/ - Canada is focused on what we can control – strengthening our economy at home and diversifying our partnerships abroad, including in the Indo-Pacific. Japan is an over $...
The Government of Canada, BMO, ClimeFi, NorthX, RBC, Shopify, and Vancity launch the "Advance Carbon Removal Coalition" to advance demand for Canadian CDR. OTTAWA, ON, March 5, 2026 /CNW/ - Canada...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.