Project details
Project timeline
2014
Start of project development
Project finalization
2035
KEY SUCCESS FACTORS
PROJECT DEVELOPMENT PHASE
- Business model/business case development
Cooperation in the production and export supply chain (H2Gether)
- Permitting and authorization procedures
Cooperation between government and licencing agencies.
- Political backing and buy-in
Governmental bilateral relationship BR-NL-DE, Main shareholders being the Port of Rotterdam and the State of Ceará, support federal government.
- Funding
Several financing institutions funding studies and allocated larger sums. Involvement of the World Bank, IMF, BNDS, Invest International.
- Experienced staff
Strong cooperation between investing companies, port authority project team, Port of Rotterdam project teams.
- Local public acceptance
Preliminary licences for project developments were presented to the public and approved.
- Project's business case
Direct link to the large EU offtake market for green hydrogen via the Port of Rotterdam. With that the Supply Chain is secured upto the offtake markets.
- Stakeholder cooperation
Strong input of the shareholders being the Port of Rotterdam and the State of Ceará. Close cooperation with investing companies!
- Risk sharing mechanisms between project partners
Common user infrastructure, reducing and sharing investment risks. Shared developing of Supply Chain to offtake market Europe via Rotterdam. (H2Gether)
- Project's governance model
Private company, with shareholders being the Port of Rotterdam and the State of Ceará gives an excellent sustainable long term investing climate.
COMMERCIAL AND FINANCING PHASE
- Building a financial model