Australian Provaris Energy and Norwegian Hydrogen AS have completed a pre-feasibility study on hydrogen export, demonstrating the potential for low-cost delivery of green hydrogen from Norway to Europe, commencing in 2027.
According to Provaris, a preferred site in Norway has been identified for the development of a production facility to deliver up to 50,000 tonnes of green hydrogen to Europe, commencing in 2027, with a competitive delivered cost of hydrogen that includes a marine transport cost of €1.00-1.50/kg (includes: compression, jetty, storage, shipping, scavenge, and discharge).
To note, Provaris informed that the scope of the study includes the selection of a preferred coastal site in Norway, renewable power supply, production of hydrogen, compression facilities, infrastructure requirements for jetty loading, Provaris’ H2Leo storage solution and a fleet of two H2Neo carriers, as well as import partners required at the identified import location connected to the planned EU H2 backbone and distribution system.
The partners are now advancing development activities for permitting, and key agreements to support the completion of detailed feasibility in 2023, Provaris said.
Martin Carolan, Provaris Managing Director and CEO, commented: “Provaris is delighted with the outcomes of the study which has continued to mature the technical or economic requirements of the project. Compression has been demonstrated to be a highly flexible solution for variable hydrogen production, storage, and transportation. The flexibility and added value that compression offers while providing balancing services to the local grid is complimented with a positive impact on the LCOH of hydrogen delivered to Europe.”
Jens Berge, Norwegian Hydrogen’s CEO, stated: “We are very pleased that this pre-feasibility study demonstrates the attractiveness of our joint concept, and that this model will enable us to deliver green hydrogen to the European market at a most competitive price. Our innovative concept offers a highly scalable solution which can be applied on several of our sites across the Nordic region.”
To remind, in January 2023, Provaris and Norwegian Hydrogen entered a collaboration to accelerate the development of a hydrogen value chain covering large-scale production and export of hydrogen from the Nordics to the key ports of Europe.