H2Carrier to establish local green industries in Finnmark county, Norway
The Norwegian company H2Carrier AS has today applied to NVE (the Norwegian Water Resources and Energy Directorate) for development of two large onshore wind farms in Finnmark county. In line with a government initiative for raising energy and industry production in Finnmark, NVE has asked companies to notify their plans for developing wind power within April 22nd 2024.
Two new wind farms
The Oksefjorden wind farm, is localized at the Skjøtnigberg/Nordkyn peninsula in the municipalities of Lebesby and Gamvik while Rubbedalshøgda wind farm is based at the Varanger peninsula in the municipalities of Båtsfjord and Berlevåg. The plans have been developed in co-operation with the host municipalities who already have been formally notified about H2Carrier’s intention to start the planning work.
— We are pleased to present plans for two large green energy projects in Finnmark which allows us to leverage technologies and processes developed from Norway’s offshore oil & gas activities. It is important to us that the projects have been developed and designed in a close co-operation with the host municipalities. The limited grid capacity in Finnmark represents a bottle neck for development of new renewable power. By establishing new green industries on a floating production vessel adjacent to the wind farm, we are no longer dependent on an expansion of the national grid, says Mårten Lunde, CEO of H2Carrier AS.
The two wind farms have a planned installed capacity of 1,55GW with an estimated annual production of 6356GWh. The estimated annual production volume of green hydrogen and ammonia is 109 000 and 610 000 tons, respectively. In combination, the two projects will contribute to 3.9% of Norway’s targeted reduction of CO2 emissions until 2030. H2Carrier has developed efficient and sustainable solutions for production of green hydrogen and ammonia based on decades of experience and competence from offshore oil & gas production.
The company will use renewable power produced onshore for its floating production facilities installed on a ship which will be moored near shore, thus avoiding the large irreversible environmental footprint normally associated with conventional onshore production of hydrogen/ammonia.
Renewable power will be refined locally in the host communities and will have a significant impact on local and regional value creation by way of employment opportunities, improved public revenues and will offer a range of opportunities to regionally based companies. The applications sent to NVE today entails that the respective plans presented today will be considered within the scope of both the Energy act. In due course, NVE will identify a plan which includes hearings, impact assessments etc. prior to any grant of a concession to build the wind farms.
About H2Carrier
H2Carrier AS was established in 2020 with a team comprising experience and competence from the offshore oil and gas industry, offshore wind turbine installation and from the renewables industry. The company has developed an innovative solution, “P2XFloater™” which utilise renewable power to produce green hydrogen and ammonia.
Production from a floating platform represents several advantages compared to conventional onshore production plants, such as a cost- and time efficient construction process and a significantly reduced environmental footprint. Renewable power can be produced from hydro, wind, solar or geothermal resources or combination of these. A low electricity price is key for production of PtX and globally, there are significant renewable resources currently being non- commercial due to lack of grid or other infrastructure. These resources can efficiently be commercialized by H2Carrier’s floating production unit.
H2Carrier is currently involved in several energy projects globally. The interest in, and demand for green ammonia is increasing due to the need to decarbonize industries on a world scale. Further growth will arise from the maritime sector which gradually will convert from fossil to zero-carbon fuels.
Contact information
Mårten Lunde, CEO H2Carrier
E-mail: ml@h2carrier.com
Phone: +47 48148451