AMSTERDAM, 4-Jan-2021 — /EPR ENERGY NEWS/ — Electriq Global, a provider of Hydrogen-Rich, Zero-Emissions energy storage and transportation technologies, and GVG Oil Trade B.V., Benelux-wide Petroleum & Petroleum specialty products wholesalers, announced today their plans to develop and implement Electriq Fuel’s Storage, Distribution, and Return Flow logistics. The parties plan to work with Dutch and EU authorities to obtain all the required regulatory approvals and permits to start commercial distribution in early 2022.

Ernst van Gelder, co-founder of GVG, said: “in recent years we have increased our business with low-emissions and environmentally friendly fuels and lubricants. Partnering with Electriq Global will makes us pioneers in zero-emission fuels, and we are excited at the prospects represented by this business”.

Mr. Baruch Halpert, Executive Chairman of Electriq Global, said “GVG Oliehandel BV will provide us with ready access to the entire Benelux markets. Their logistics solutions are a perfect fit with our fuel requirements and give us the ready-made logistics infrastructure that is required for rapid market development.”

The recent recipient of the Dutch Hydrogen Prize 2020 – Erik Middelman Award, Mr. Jan Piet van der Meer, explained “chemical hydrogen carriers such as Electriq Fuel are typical circular-economy products, requiring logistics both for the fresh fuel delivery and for the return of the spent fuel to the hydrogenation plant. GVG is one of the few wholesalers who handle both streams, so this partnership is expected to be very synergetic to both parties.”

SOURCE: EuropaWire