INTERNATIONAL PROJECTS

AMMONIA CRACKING

Hydrogen Projects From Around The World

Chile

Glenfarne Energy Transition has announced the execution and launch of a collaborative agreement with Samsung Engineering to complete feasibility studies for multiple green hydrogen and ammonia projects in Chile.

It is part of Glenfarne’s recently announced Hydrogen Fuels Initiative, with Green Pegasus being the first project being developed as part of the agreement.

Green Pegasus will have up to 2GW of solar PV installed capacity and is estimated to produce 459 kilotons of green ammonia and 89 kilotons of green hydrogen annually.

Primarily, the project will focus on export to Asia, particularly South Korea and Europe, where Glenfarne maintains several business and commercial partners.

Speaking on this, Brendan Duval, CEO and Founder of Glenfarne Energy Transition, said there are: “Thrilled to be strategically collaborating with Samsung Engineering on hydrogen fuels projects that will be vital to advancing the energy transition in Chile, Asia, and Europe.”

Netherlands

A €3.0 million grant from the Dutch Government has been secured by BW Offshore, Switch2, MARIN, TU Delft and Strohm.

OFFSET, an industrial-scale floating green hydrogen and ammonia project, was selected by the RVO, part of the Ministry of Economic Affairs & Climate Policy in the Netherlands, for a grant under the Mission driven Research and Development or ‘MOOI’ scheme.

The project aims to demonstrate cost reduction in the production of green fuels and increase the competitiveness of hydrogen and ammonia as green fuels.

As part of the project scope, the partners hope to develop a floating hydrogen and/ or ammonia production and storage facility, which will be connected to a wind farm by 2027.

Hydrogen produced will be transported to shore using existing oil and gas pipelines, and the ammonia will be transported to end-users using shuttle tankers.

Norway

Recently, Nel announced growth in its revenue, operating income, and order intake. However, the company also disclosed substantial losses due to the negative impact of fueling and the low margins of its electrolyser projects. In the first quarter of 2023, the Norwegian company specialising in electrolyser manufacturing disclosed that its revenue and operating income amounted to NOK 359 million ($33.77 million), representing a 68% increase.

The company also revealed that it had received orders worth NOK 580 million ($54.53 million), with 96% of the total coming from electrolysers. This amount represents a significant increase of 105%.

Despite the positive financial results, Nel reported a negative EBITDA of NOK -121 million (-$11.37 million) for Q1 of 2023, which is an improvement from NOK -152 million (-$14.29 million) in the same period in 2022. According to Nel, this was primarily caused by significant losses in fuelling low-profit margins on electrolyser projects signed in 2020/21.

California

As hydrogen blending technologies are put to the test, the sector looks to grow the percentage that can be merged, Hydrogen Industry Leaders highlights how SoCalGas is collaborating with GTI Energy.

Many sectors need decarbonising but are hard-to-abate. Often, the solution to this is to blend hydrogen with existing gas networks and reduce emissions this way, but it has historically been at a lower percentage.

In recent news, SoCalGas and GTI Energy announced a collaboration in which they will study hydrogen blending and unlock the potential surrounding the concept. The study will look closely at commercial and industrial processes.

Looking closely at heavy equipment that may be blended up to 100%, there is a specific focus on end-users that aren’t looking to electrify their processes.

Project leaders GTI are supplying the technical expertise after SoCalGas was awarded $752,000 (€682,928) to fund it. They received additional grants of $1.77m (€1.6m), which the California Energy Commission approved last year.

Building the Hydrogen Economy

London 20 2 3

The Radisson Hotel and Conference Centre, Heathrow

5 July 2023 hydrogenindustryleaders.com #

Making the best use of existing infrastructure, ensuring final investment decisions are improved and building a future-proof hydrogen economy are integral aspects of building a secure hydrogen network. HIL London will explore how the UK is performing in all these areas and the opportunities in the region.