Press release

New partnership with Provaris and Uniper for regional supply of hydrogen

Norwegian Hydrogen AS is pleased to announce a Memorandum of Understanding (MOU) with Provaris and Uniper to strengthen for the development of hydrogen supply from the Nordics to import hubs in North-Western Europe.

The Parties intend to collaborate to explore the possibility of Uniper off-taking RFNBO compliant H2 from export projects being developed by Norwegian Hydrogen in collaboration with Provaris. The supply and transport is targeted in the form of compressed gaseous H2 with delivery to a port defined by Uniper utilizing Provaris’ GH2 Carriers and GH2 Storage barges.

Provaris and Norwegian Hydrogen extended their collaboration in April 2024 to accelerate the development of new hydrogen export sites across the Nordic region, utilizing insights gained successful pre-development activities completed for the FjordH2 project. Projects in the Nordic region will be strategically located in areas with robust grid connections and power supplies, with hydrogen production and compression facilities to provide cost-competitive supply to Europe.

We remain highly committed to the collaboration we’ve had with Provaris since 2022, and I cannot think of a better offtake partner than Uniper to support the development of our joint projects. This new agreement is positive for all the three parties involved, and I am confident that it will bring strong and tangible results.

Jens Berge, CEO of Norwegian Hydrogen

The supply of hydrogen is key to energy security and decarbonization ambitions for German industrial sectors and the energy generators. The development of a portfolio of supply alternatives delivered into national hydrogen infrastructure is of great importance for the competitiveness of the German economy and central to achieving decarbonisation targets.

Uniper continues to systematically evaluate a portfolio of alternatives and opportunities for hydrogen along the entire value chain, from production and trading to transport, storage and distribution. Uniper’s diversified hydrogen portfolio consists of various supply sources to guarantee competitive and secure supplies in line with customer needs.

The terms of the MOU are non-exclusive and non-binding, with the intention to develop binding agreements required for the supply and offtake of hydrogen, along with the necessary agreements for shipping with the H2 Project.