Loading...
Loading...
norways-coastal-hydrogen-projects-secure-over-70m-for-shipping-supply
norways-coastal-hydrogen-projects-secure-over-70m-for-shipping-supply

Norway’s coastal hydrogen projects secure over $70m for shipping supply

Five hydrogen production projects along the Norwegian coast have secured a share of over NOK 777m ($70.88m) in funding from Enova.

Aimed at developing a hydrogen fuel supply chain for the shipping industry, the projects span from Slagentangen in the southeast to Bodø in the north.

“This will make hydrogen more accessible to those who want to invest in sustainable shipping,” said Enova CEO, Nils Kristian Nakstad.

© Enova

The 10MW Slagen Energy Hub, under development by GreenH, ExxonMobil, Grieg Edge and North Ammonia, will gain NOK 144m ($13.14m) for its project to produce 20,000 tonnes of hydrogen per year and 100,000 tonnes of ammonia.

Hydrogen Solutions (HYDS), Salane Energi and Egersund Næring og Havn, have secured NOK 206m ($17.8m) for its 20MW 2,568kg per day plant in Egersund which will use a Green Hydrogen Systems 6MW alkaline electrolyser.

Fjord Base and Sogn og Fjordane Energi joint venture, HyFuel, will use NOK 180m ($16.4m) to develop its 20MW plant in Florø, which is expected to reach final investment decision (FID) in Q1 2025.

GreenH secured NOK 118.66m ($10.8m) for its 10MW Kristiansund project, and a further NOK 128.65m ($11.8m) for an additional project in Bodø. Despite few details for its Kristiansund development, the 20MW Bodø project has already secured an offtake agreement with shipping firm Torghatten Nord.

“The Norwegian maritime sector is leading the way, once again,” said Norwegian Climate and Environment Minister, Tore Sandvik. “These projects can cut emissions in Norway, but will also contribute to the transition in the rest of Europe and the world.”

Hexagon Purus: finding compressed hydrogen’s ‘sweet spot’ in maritime

Norway’s Hexagon Purus has logged its position as one of the leading compressed hydrogen storage solution providers in the market, supplying a range of applications from buses and trucks to distribution and transport systems.

In March (2023) the company announced it had received an investment of NOK500m ($47m) from Mitsui and signed a Memorandum of Understanding (MoU) for additional investments of up to NOK1.5bn ($142m) in the coming years, making the Japanese corporation a long-term strategic partner and seemingly secured Hexagon Purus’ leading position.

Its main driver is to help facilitate the transition to zero-emission technology across markets, and as with many heavy-duty use cases, maritime is proving an alluring sector.

Despite the role of hydrogen in the maritime sector often being linked to carriers such as ammonia, e-methanol or even liquid hydrogen, Hexagon Purus believes the gaseous form of the energy carrier could play an important role in cleaning up the sector…

Click here to keep reading.


About the author
Related Posts
Loading...
Loading feed...
Please wait...