TRIERES

TRIĒRĒS Valley starts as a small scale Valley but has a tremendous upward perspective over a large part of the Balkans, South-Eastern Europe and the wider area of Eastern Mediterranean. The Valley will be built around the nucleus of MOH’s Corinth Refinery, with an annual production of 2,410 tons of Green Hydrogen consumed in mobility, shipping, energy and industry sectors. The participation of the local and regional governments assures the realisation of the TRIĒRĒS Valley project.

Link to website

LEAD DEVELOPER

Motor Oil Hellas

PROJECT PARTNERS

Motor Oil Hellas, Public Power Corporation SA

Motor Oil Hellas, AVINOIL,

LPC , Olympia Odos, Piraeus Port Authority, Municipality of Loutraki, Road Transport SA, AEDIK, ECOFERRY, DIORIGA GAS, FULGOR SA

MAIN POLITICAL SPONSORS

Ministry of Infrastructure and Transport of Greece | Ministry of Environment and Energy of Greece| Region of Peloponnese, Greece | Municipality of Loutraki, Greece

MAIN LOCATION

Greece

OTHER LOCATIONS

Project details

H2 PRODUCTION VOLUME

[T/year]:

4,500

INVESTMENT VOLUME

[M€]:

115.00

FUNDING

VALUE CHAIN COVERAGE

PRIMARY ENERGY SOURCING

H2 PRODUCTION

Water electrolysis with ALK electrolyser
Other

H2 STORAGE

Cylinder - Compressed H2
Other

H2 TRANSPORT

Trucking - Compressed H2

H2 DISTRIBUTION FOR MOBILITY

HRS 700 bar
HRS 350 bar

END USES

MOBILITY

Cars
Buses
Ships

ENERGY

Stationary fuel cells for distributed generations - Back-up or off-grid applications
Hydrogen supply to gas-fired power plants
Hydrogen supply for injection into gas grid

INDUSTRIAL FEEDSTOCK

Supply to chemical industry (e.g. fertilizer production)

Project timeline

CURRENT STATUS:

pre-FID (planning, engineering, de-risking, etc.)

2014

2022

Start of project development

2028

Project finalization

2035

KEY SUCCESS FACTORS

PROJECT DEVELOPMENT PHASE

Business model/business case development
Regulatory provisions
Funding
Project's business case
Stakeholder cooperation
Project's governance model

COMMERCIAL AND FINANCING PHASE

Securing public financial support (subsidy/grant)
Building a financial model
Putting a de-risking framework in place
Securing customer commitments to de-risk the financial model

Go back to Hydrogen Valleys Contact

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.