On and offshore wind farms will drive up to 3.45GWe of electrolysis at several locations across the province. Storage is by line packing in H2 pipelines, up to 7x70 million m3 (@STP) capacity salt caverns and e-methanol / e-kerosene tank farms. Transport via H2 pipeline, tube trailers and ISO tank containers (e-methanol). Offtakes are to CCGTs, NG blending, industrial heating, HGVs and e-fuel synthesis plant. Best market is to supply ro-ro freight ferries with e-methanol bunker fuel.
Project details
FUNDING
Project timeline
2014
Start of project development
Project finalization
2035
KEY SUCCESS FACTORS
PROJECT DEVELOPMENT PHASE
- Business model/business case development
Existing techno-economic model for wind, electrolysis, OCGT with H2 fuel and H2 blending already developed.
- 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
COMMERCIAL AND FINANCING PHASE
N.A.
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.