TOKYO -- Japanese engineering company Chiyoda has developed technology for transporting hydrogen at ambient temperature and pressure, a breakthrough that could accelerate its spread as an alternative to carbon-based fuels.
Chiyoda, along with Mitsubishi Corp., Mitsui & Co. and Nippon Yusen, will soon launch a feasibility study toward their goal of bringing the technology to market in the mid-2020s. They plan to mainly tap demand for use in hydrogen-fueled power plants and chemical production through their consortium, the Advanced Hydrogen Energy Chain Association for Technology Development.