Green Energy Park Piauí

Next Generation Hydrogen Valley/Hydrogen export Hub located in Piauí, based on a vertically integrated value chain with an anticipated green Hydrogen production of 2,3 Mtpa equivalent to a green ammonia production of 12,1 Mtpa. Focus will be on green ammonia for the medium term offset partly domestic market, majority offtake for export purposes to Europe. The prime offtake position is Green Energy Park Krk in Croatia.
LEAD DEVELOPER

Green Energy Park Global

PROJECT PARTNERS

Green Energy Park Global
Green Energy Park Piauí
Green Energy Park Krk, domestic H2 off take in Piaui/Brazil, Europe in industry, mobility and offgrid applications

MAIN POLITICAL SPONSORS

European Union, EU Global Gateway, Government of Piauí, Republic of Brasil, Green Energy Park Global

MAIN LOCATION

Brazil

OTHER LOCATIONS

Yes

Project details

H2 PRODUCTION VOLUME

[T/year]:

2,300,000

INVESTMENT VOLUME

[M€]:

13,000.00
FUNDING
VALUE CHAIN COVERAGE

PRIMARY ENERGY SOURCING

  • Electricity from renewable energy sources

H2 PRODUCTION

  • Water electrolysis with ALK electrolyser

H2 STORAGE

  • Other

H2 TRANSPORT

  • Pipeline
  • Trucking
  • Ship

H2 DISTRIBUTION FOR MOBILITY

END USES

MOBILITY

ENERGY

INDUSTRIAL FEEDSTOCK

  • Supply to chemical industry (e.g. fertilizer production)
  • Supply to refineries
  • Supply to steel industry

Project timeline

CURRENT STATUS:

Feasibility study ongoing

2014

Start of project development

Project finalization

2035


KEY SUCCESS FACTORS

PROJECT DEVELOPMENT PHASE

  • Business model/business case development

  • Technological readiness/technological performance (e.g. availability, efficiency, duration/lifetime)

  • Regulatory provisions

  • Permitting and authorization procedures

  • Political backing and buy-in

  • Funding

  • Experienced staff

  • Local public acceptance

  • Project's business case

  • Stakeholder cooperation

  • Risk sharing mechanisms between project partners

  • Project's governance model

COMMERCIAL AND FINANCING PHASE

  • Applying for public subsidy/grant schemes

  • Securing private investors

  • Securing public financial support (subsidy/grant)

  • Building a financial model

  • Preparing documentation for a due diligence process

  • Putting a de-risking framework in place

  • Securing customer commitments to de-risk the financial model

N.A.: Not available. This is possible due to two reasons: a) the Hydrogen Valley chose to not publicly display the data or b) the Hydrogen Valley did not answer the specific question in the associated survey.
DOWNLOAD H2V WEB APP