Development of green hydrogen value chain projects in the Nordics
Nordic region provides strategic advantage to key H2 markets in Europe
In January 2023, Provaris and Norwegian Hydrogen entered a collaboration to bring together the skills, experience and ambitions of both companies 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.
Completing the pre-feasibility study has identified a low-cost project for exporting green hydrogen from Norway to Europe using Provaris’ compressed hydrogen floating storage and carriers.
The project scale is 50,000 tonnes of green hydrogen. commencing in 2027, with a competitive delivered cost of hydrogen that includes a marine transport cost range of EUR 1.00-1.50/kg, based on the use of compression, Provaris’ recently launched floating storage (H2Leo) and two H2Neo carriers.
Partners will now develop a program to advance permitting, and key agreements for an export project in Norway to be used as a blue-print for multiple bulk-scale compressed hydrogen export sites in Europe.
Illustration of a Provaris’ H2Neo Carrier and conceptual Compressed H2 Floating Storage solution suitable for export and import use cases.