Provaris Energy has executed a MoU with Norwegian Hydrogen AS, a Norwegian-based developer of hydrogen production hubs and value chains across the Nordic region, to collaborate on the development on green hydrogen value chain projects in the Nordics. The collaboration brings 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 to the key ports of Europe.The MOU provides a framework to jointly undertake a Concept Design Study to:Review identified sites and selects a preferred location suitable for domestic and export volumes of hydrogen.Undertake a technical and economic review for the production and supply of compressed gaseous green hydrogen to nominated European ports.The scope of the study will include the renewable power supply, production of hydrogen, compression facilities, storage, infrastructure for jetty loading and unloading, Provaris' H2Neo carrier, and import infrastructure required at identified import locations. Application for suitable funding schemes available through national schemes and the European Union will also be made.Norwegian Hydrogen was founded in 2020 by a group of Norwegian industrial investors targeting opportunities to develop hydrogen production and supply chains to meet the growing demand for zero emission solutions in the Nordics and beyond. The original investors bring complementary expertise to Norwegian Hydrogen, ranging from technology development (including compressed hydrogen), electrical utilities, through to H2 and 02 offtake.
Provaris Energy has executed a MoU with Norwegian Hydrogen AS, a Norwegian-based developer of hydrogen production hubs and value chains across the Nordic region, to collaborate on the development on green hydrogen value chain projects in the Nordics. The collaboration brings 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 to the key ports of Europe.The MOU provides a framework to jointly undertake a Concept Design Study to:Review identified sites and selects a preferred location suitable for domestic and export volumes of hydrogen.Undertake a technical and economic review for the production and supply of compressed gaseous green hydrogen to nominated European ports.The scope of the study will include the renewable power supply, production of hydrogen, compression facilities, storage, infrastructure for jetty loading and unloading, Provaris' H2Neo carrier, and import infrastructure required at identified import locations. Application for suitable funding schemes available through national schemes and the European Union will also be made.Norwegian Hydrogen was founded in 2020 by a group of Norwegian industrial investors targeting opportunities to develop hydrogen production and supply chains to meet the growing demand for zero emission solutions in the Nordics and beyond. The original investors bring complementary expertise to Norwegian Hydrogen, ranging from technology development (including compressed hydrogen), electrical utilities, through to H2 and 02 offtake.
