New Agreement Targets Nordic Hydrogen Projects

April 15, 2024

Source: Provaris
Source: Provaris

Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.

The projects will utilize locally available renewable energy to produce hydrogen for shipment to European ports. This will assist energy-intensive industries in making an impact on their decarbonization plans and target a scale and level of innovation that aligns with various European Union funding schemes.

New projects will be strategically located in areas with robust grid connections and power supplies. These sites will facilitate the construction of electrolyzers and hydrogen compression facilities linked to export jetties. Provaris’ H2Neo carriers will transport the hydrogen, while the H2Leo barge will serve as storage.

The initiatives will foster circular economies by utilizing by-products like clean oxygen and waste heat in local industries and district heating systems.

Jens Berge, Norwegian Hydrogen’s CEO, commented: “While we develop a comprehensive network of production sites and distribution infrastructure across the entire Nordic region, to reduce emissions in the Nordics, we have also identified several sites with significant export potential. While such locations could also be used to produce other derivatives such as e-methanol or green ammonia, we strongly believe that if the end demand is for gaseous hydrogen, nothing would be better than to avoid going via a derivative solely for transportation purposes. Provaris’ technology makes it possible to bring hydrogen in gaseous form all the way from production in the Nordics to the customers in continental Europe.”

In 2024, the partnership will select sites for further pre-feasibility studies, focusing on hydrogen production and export logistics, including safety, environmental, and regulatory aspects. Provaris is also advancing its H2Neo carrier, with ongoing prototype testing in Norway aimed at final construction approvals by mid-2024.

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Subscribe for Maritime Logistics Professional E‑News

Grid says solar is not responsible for the blackout in Spain, but Sanchez was pressed by Sanchez to explain it.
South Korea's NOFI buys estimated 132,000 T corn, traders say
Shanghai copper prices to soar as stock withdrawals continue