Development of green hydrogen value chain projects in the Nordics
Nordic region provides strategic advantage to key H2 markets in Europe
Memorandum of Understanding (MOU) signed between Provaris Energy and Norwegian Hydrogen AS to collaborate on the identification and development of green hydrogen value chain projects in the Nordics.
The collaboration will accelerate the development of green hydrogen export supply chains, using Provaris’ GH2 Carriers and storage solutions, and Norwegian Hydrogen’s proposed hydrogen production and export sites across the Nordics, including Norway.
Provaris’ compressed H2 supply chain provides a flexible, cost-competitive solution that supports giga-watt scale generation capacity to be transported as gaseous hydrogen.
A joint Design Concept Study will be completed in the March quarter of 2023 to identify a preferred production and export site and determine the technical and economic viability of a fast-track green hydrogen supply chain connected to the key ports in Germany and the Netherlands.
Illustration of a Provaris’ H2Neo Carrier and conceptual Compressed H2 Floating Storage solution suitable for export and import use cases.