Continuing the Norwegian LNG history of excellent design
IC Technology is one of the key players in the fastest growing segments of the energy industry. Our technology holds approved and pending patents in both the US and the EU.
Fulfilling our vision means that factories, large ferries and cargo ships, commercial airplanes, heavy duty trucks, trains and more will be fueled by affordable, efficient and safe hydrogen, emitting nothing but water.
When burned, hydrogen releases energy and emits no greenhouse gases, only water. Hydrogen is gaining interest and momentum, both in politics and business, for its potential as a climate friendly fuel.
Hydrogen is not an energy source, it is an energy carrier, a secondary form of energy, that must be extracted, or manufactured if you will, just like electricity. Hydrogen can be extracted from water, from biomass or fossil fuels such as LNG.
Hydrogen is a leading option for long time storage of renewable energy like wind, sun (PV) or hydropower. Hydrogen and hydrogen-based fuels also enables transport of renewable energy over long distances.
Why Liquid hydrogen?
Liquid hydrogen has higher energy density than compressed hydrogen gas, and thus requires less storage volume. Liquid hydrogen also enables lighter storage systems than compressed hydrogen gas.
The problem we solve
The development of hydrogen infrastructure is slow and holding back widespread adoption. Transportation of large volumes is one of the major challenges that IC Technology is determined to solve. Another challenge is storage of liquid hydrogen. Current storage solutions resemble enlarged thermos flasks, and the hydrogen inside gradually evaporates over time.
IC Technology's patented storage solution nearly eliminates evaporation loss and allows a more flexible tank design, increased transportation- and storage volume, as well as a more cost-efficient containment construction and manufacturing.
We in ICT have chosen to challenge the boundaries of technology and contribute to enabling liquid hydrogen (LH2) to become a commodity via new solutions for transportation and storage.