(Frederica/Denmark) – The Danish Everfuel A/S wants to install an electrolyzer with an output of 300 megawatts as part of its “HySynergy Phase II” project. The location is right next to a Shell refinery in Fredericia, Denmark. Completion is scheduled for 2025.
According to the information, HySynergy Phase II includes a “significant scale-up in the production of green hydrogen”. Around 20 percent is intended for direct use for emission-free mobility and 80 percent for fuel refining. The new plant can also provide oxygen for carbon capture through an oxyfuel process and reduce emissions from the Fredericia refinery by 25 percent.
Investment decision by the end of 2022
Everfuel has applied for project funding under the Important Projects of Common European Interest (IPCEI) program for the development of large-scale hydrogen projects. The aim is to bring HySynergy Phase II to a final investment decision by the end of 2022. The costs amount to up to 1,9 billion crowns (250 million euros).
The company is currently developing a 20 megawatt electrolyzer next to the Fredericia refinery as “HySynergy Phase I”. In January, the Norwegian manufacturer of electrolysers NEL ASA announced the conclusion of a contract with Everfuel. According to information at the time, Everfuel will be the owner and operator, Shell will be the main buyer of the hydrogen (we reported).
Final regulatory approval is expected before summer 2021, with construction scheduled to begin in the third quarter. HySynergy Phase I and II are part of Everfuel's announced plan to invest 1,5 billion euros in the development of the green hydrogen value chain in Europe and to achieve annual sales of one billion euros by 2030.
15 gas stations in Sweden
Just two weeks earlier, Everfuel had presented its intentions to build up to 2023 hydrogen filling stations in Sweden by the end of 15. The network will include both self-developed locations and filling stations from the “Nordic Hydrogen Corridor” initiative, which was developed in collaboration with Statkraft, Toyota, Hyundai and Hydrogen Sweden. The group, which aims to build up to eight filling stations along with infrastructure for hydrogen production and distribution, is co-financed by the EU's “Connecting Europe” Fund (CEF). The planning and location selection takes place in close cooperation with customers from the transport sector, authorities and taking into account public funding programs.
The Scandinavian H2 filling station network will initially cover the area of Norway south of Trondheim, Sweden south of Stockholm and Denmark. The network also supports the STRING initiative to build a hydrogen corridor with filling stations from Hamburg to Oslo. STRING consists of 13 actors in eight regions and five major cities in Germany, Denmark, Sweden and Norway.
Everfuel is listed on Euronext in Oslo and offers complete solutions for hydrogen supply and refueling. Headquarters are in Herning, Denmark. Activities include Norway, Denmark, Sweden, the Netherlands, Germany and Belgium.
deep link
https://usercontent.one/wp/www.everfuel.com/wp-content/uploads/2021/05/Everfuel_110521.pdf
https://usercontent.one/wp/www.everfuel.com/wp-content/uploads/2021/04/Everfuel_270821.pdf
Photos
Everfuel launches “HySynergy Phase II” / © Everfuel A/S
