A group of firms have inked a progressive deal to evaluate the conversion of a Dutch gas power plant into a hydrogen (H2) powered plant and parallel carbon, capture and storage (CCS) opportunities.
Statoil, Vattenfall and Gasunie signed the Memorandum of Understanding (MoU) to evaluate the possibilities of converting Vattenfall’s gas power plant in the Netherlands into a H2-powered plant.
Its Magnum gas power plant currently has three combined cycle gas turbines (CCGTs) which each emit 1.3 million tonnes of carbon dioxide (CO2) per year.
If given the go-ahead, the site’s CO2 emissions could be reduced by four million tonnes per year.
The next steps will involve feasibility studies to evaluate the conversion of one of the three Magnum units in Eemshaven to run on H2, as well as gas infrastructure company Gasnuie examining what transport and storage would be needed.
Crucially, the agreement also includes exploring how to design a large-scale value chain where H2 production is combined with CO2 capture, transport and permanent storage.
Irene Rummelhoff, Executive Vice-President for New Energy Solutions at Statoil, highlighted that this large-scale value chain could open significant “business opportunites.”
“We are still in an early phase and like all pioneer projects there are uncertainties that need to be addressed, but the potential CO2 emission reduction is significant,” she added.
Multinational oil and gas corporation Statoil clinched a deal to evaluate the development of CCS on the Norwegian continental shelf last week, as part of the efforts to develop full-scale CCS in Norway.
It will be the first storage site in the world to receive CO2 from several industrial sources and will capture CO2 from three onshore industrial facilities in Eastern Norway.