Provaris Energy Study Confirms Superiority of Compression for Hydrogen Marine Transport
Key Ideas
  • Study by Provaris Energy confirms low energy use and capital cost efficiency of compressed hydrogen supply chain for marine transport.
  • High pressure compressor OEM support ensures feasibility of compression equipment for hydrogen export and import facilities.
  • Compression energy use represents only a small portion of total power requirement, leaving majority for hydrogen production via electrolysis.
  • Results show that compression could lead to a 20% lower hydrogen supply cost compared to ammonia, enhancing competitiveness.
Provaris Energy completed a study on bulk-scale hydrogen export and import compression facilities, confirming the viability of its compressed hydrogen supply chain for regional marine transport. The study, based on a 540MW capacity reservation export site, demonstrated the low energy use and capital efficiency of Provaris' compression technology. Key outcomes included low energy use for storage and loading compression, with compression energy representing only a small percentage of power requirement for the export site. The study highlighted the superior energy efficiency of compression compared to ammonia synthesis, leading to greater hydrogen volumes delivered to customers. Capital costs of compression facilities were found to be low relative to the total capex of the supply chain. The study's results suggest a 20% lower delivered price for hydrogen compared to ammonia, making compression a competitive option. The study will guide the development of compression facilities for specific export and import sites, with potential locations including Norway, the Nordics, and the Port of Rotterdam. Provaris Energy's collaboration with Global Energy Solutions aims to strengthen hydrogen supply chains in Europe, emphasizing the benefits of compression for marine transport.
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