The agreement will see the two companies collaborate on initiatives related to technology scouting, the analysis, study and simulation of new fuels and energy vectors with hydrogen and ammonia pivotal in this.
The collaboration will also include Approval in Principle (AiP) activities, a risk-based approach to classification that allows new designs and concepts to be validated on the basis of safety equivalence, and the qualification of innovative projects and technologies.
This could provide a boost to not only the hydrogen value chain but additionally the maritime industry with new technologies such as hydrogen and ammonia spearheading the green revolution in this sector.
It is also important to decarbonise the maritime industry with the high level of emissions currently released by contemporary engine designs which operate with fossil fuels.
Ugo Salerno, Chairman and CEO of RINA, said, “RINA and Fincantieri share a common ancestry with our commercial roots both beginning in the naval sector.
“In addition, we share the same passion to create a sustainable industry, and that is why I am both pleased and proud to announce the closer collaboration between the two companies.”
Giuseppe Bono, CEO of Fincantieri, said, “Being leaders in multiple sectors brings with it the responsibility to act in a sustainable way. It is in our interest to ensure a combination of competitiveness and sustainability, profit and innovation, at all levels.
“We want to play an active role in promoting a low-carbon circular economy by reducing the direct impact of our operations, developing sustainable products and services, and working with institutions and partners like RINA.”
RINA: Advancing the hydrogen economy across steel, infrastructure and mobility
Hydrogen can be utilised across a range of hard-to-abate sectors where electrification is either not cost-competitive or feasible. One company exploring hydrogen’s potential across multiple sectors is Italian-based RINA. RINA has several initiatives and projects ongoing exploring hydrogen across different industries ranging from steelmaking to hydrogen fuel cells in the maritime industry.
To find out more about RINA’s hydrogen projects and further activities across the value chain, H2 View spoke with Ugo Salerno, CEO of RINA. One particular focus for RINA is using hydrogen within hard-to-abate sectors as a means to support decarbonisation in sectors that renewable electricity cannot. One of these is in the steel manufacturing industry.
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