Provaris Energy Ltd announced the completion of its Concept Design Study for bulk-scale hydrogen export and import compression facilities. The study, the fourth in a series of techno-economic studies developed by Provaris, was based on a 540MW capacity reservation export site, producing 87,000 tpa of hydrogen; with an intra-Europe shipping distance of 1,000 nautical miles (one-way) using its proprietary H2Neo carrier to deliver gaseous hydrogen to the customer at 70 barg.
A leading original equipment manufacturer of high pressure compressor equipment (Compressor OEM) supported the preparation of the Study with the selection of optimal compression equipment to ensure the project’s feasibility.
The study reaffirmed the low energy use and low capital of Provaris’ compressed hydrogen supply chain for regional marine transport of gaseous hydrogen, with the following key outcomes:
• Export Terminal: ~1.5 kWh per kg of hydrogen required to store and load the H2Neo carrier.
• Import Terminal: ~0.2 kWh per kg of hydrogen to unload the H2Neo carrier
• Low energy Use: compression for storage and loading represented only ~3% (15MW) of all power requirements for the export site, with the remaining 97% (525MW) available for hydrogen production via electrolysis.
• Low capital cost: the Study estimated the capital cost of the required compression facilities at 120 million Euro, representing less than 7% of the total capex of the entire hydrogen supply chain.
Image of Provaris
Describe more in press releases https://shorturl.at/ubiNO
