HyLICAL partners empower hydrogen liquefaction: ENGIE New Ventures Invests in MAGNOTHERM 

MAGNOTHERM’s disruptive technology leverages the magnetocaloric effect, employing magnetic refrigeration to liquefy hydrogen. This breakthrough enables larger-scale transportation and storage of hydrogen, with the potential to significantly reduce liquefaction costs. The ripple effect of this technology is poised to establish a hydrogen transport supply chain, catalyzing the overall development of the hydrogen sector. 

This cutting-edge technology will also play a pivotal role in the HyLICAL research project. Supported by the European Union and Clean Hydrogen Partnership, HyLICAL aims to establish Europe’s first magnetic hydrogen liquefaction plant by 2025. Industries such as aviation and shipping stand to benefit substantially from this innovative liquefaction technology. 

This collaborative effort marks a significant stride towards meeting industrial demands, aligning seamlessly with projections for a considerable increase in hydrogen demand. The magnetocaloric hydrogen liquefier emerges as a key player in steering towards a net-zero future. 

For further details, you can read the full press release here: https://lnkd.in/d5YxDtja  

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