Provaris Energy's Efficient Hydrogen Compression for Marine Transportation
Key Ideas
  • Provaris Energy completes a Concept Design Study for bulk-scale hydrogen compression facilities, showcasing low energy use and capital cost efficiency.
  • The Study reveals that Provaris' compressed hydrogen supply chain is more efficient than ammonia synthesis for marine transport.
  • Compressed hydrogen delivery offers ~50% greater volumes to customers and a 20% lower delivered price compared to ammonia supply chains.
  • The cost-efficient compression solution is supported by detailed costings and equipment selection from a leading Compressor OEM.
Provaris Energy has successfully concluded a Concept Design Study for large-scale hydrogen compression facilities focused on marine transportation. The study, based on a 540MW capacity reservation export site in Europe, highlights the efficiency of Provaris' compressed hydrogen supply chain. Leveraging its proprietary H2Neo carrier, the study demonstrated low energy usage and capital costs, with compression representing only 3% of the power requirements for the export site. The selection of optimal compression equipment by a Compressor OEM further solidified the feasibility of the project. The study compared the energy efficiency of compressed hydrogen supply chains with ammonia synthesis for marine transport, revealing that compressed hydrogen could deliver approximately 50% more volume to customers. Additionally, it was found that the compression solution could result in a 20% lower delivered price compared to ammonia supply chains. The capital and energy efficiency of compression, supported by a level 3 project feasibility assessment, provides a competitive advantage in the market. Provaris Energy's Product Development Director, Garry Triglavcanin, expressed confidence in the study outcomes, emphasizing the benefits of compression for delivering greater hydrogen volumes, requiring less capital per unit delivered, and ensuring a competitive cost for customers. The alignment of equipment selection and costs with a credible Compressor OEM further strengthens the case for adopting compressed hydrogen supply chains, especially in regions with significant renewable power capacity.
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