Hy2gen AG Commissions Technip Energies to Complete Pre-FEED Study in Canada

Source: www.gulfoilandgas.com 4/3/2023, Location: North America

Hy2gen, a global pioneer in renewable hydrogen production, based in Wiesbaden, Germany, has entrusted the completion of a pre-FEED study for its COURANT project to Technip Energies.
The pre-FEED study began in March 2023. It will provide Hy2gen with the plant’s process configuration, selected technologies, estimate the plant’s capital requirements and clarify the site’s operating costs. The study will provide necessary information to initiate required environmental and stakeholder engagement steps. The study is expected to be completed before the end of the year.
The study’s results will also help Hy2gen’s and Technip Energies partners to configure their downstream plants to meet offtake agreements and to serve their markets.
Following a completed FEED and positive Final Investment Decision, Hy2gen expects the plant to be mechanically completed by mid-2028. Production of climate-neutral renewable ammonia is expected to start shortly thereafter, making it Hy2gen AG’s first Canadian project.

Hy2gen, the global project developer of renewable hydrogen, renewable ammonia and hydrogen-based e-fuels plants, has entrusted the completion of a pre-FEED study for its COURANT project to Technip Energies. The pre-FEED phase started at the beginning of March and is expected to be completed before the end of 2023.

It will provide insights into the configuration of the plant units and technologies, as well as information on the expected capital requirements of the project, ongoing operating costs and the possible initiation of environmental impact assessments and stakeholder engagement steps.

In addition, the results of the project phase will give insights for further partners of Hy2gen and Technip Energies to configure their downstream plants. Assuming a completed FEED and a positive investment decision, Hy2gen expects to have the plant completed by 2028. Production of carbon-neutral renewable ammonia is expected to start shortly thereafter, making it Hy2gen's first Canadian project.

COURANT will produce renewable ammonia for local partners who will process it into ammonium nitrate, which is used in the fertiliser industry, for example. The hydrogen will be produced via electrolysers and the nitrogen will be produced in an air separation plant. The energy to operate both plants will supplied from hydropower. This makes the production of the ammonia completely climate-neutral. The expected production volume of ammonia is designed for 220,000 metric tonnes, and the planned energy requirement for this is 2.5 TWh per year.

"We are pleased by the trust placed in Technip Energies by Hy2gen to advance the COURANT project by carrying out the pre-FEED phase. This illustrates the relevance of our existing partnership with Hy2gen and we are looking forward to accelerating together the deployment of carbon-free hydrogen and its derivatives at scale," says Marco Villa, Chief Operating Officer of Technip Energies.

"We very much welcome the opportunity to entrust Technip Energies with the implementation of the pre-FEED phase on COURANT. Technip Energies is a leader in the international carbon-free energy market and it was particularly important for us to place the responsibility in highly professional hands for our first Canadian project," said Cyril Dufau-Sansot, CEO of Hy2en AG. Furthermore, the project sets an important impulse for the province of Québec and represents an important milestone on the way to a climate-neutral future for the region.


Nigeria >>  1/17/2025 - In exercising its pro tempore presidency of BRICS, the Brazilian government announces today, January 17, 2025, the formal admission of Nigeria as a pa...
Norway >>  1/13/2025 - Equinor invites analysts with coverage of the company to provide estimates for the fourth quarter adjusted results.

Equinor publishes fourt...


United Kingdom >>  1/13/2025 - Eden Research plc, a leader in sustainable biopesticide and biocontrol technology, provides the following post year-end trading update.

...

United States >>  1/13/2025 - Kosmos Energy announced the following schedule for its fourth quarter 2024 results:

Earnings Release: Monday, February 24, 2025, pre-UK mar...


United States >>  1/13/2025 - KBR announced that it will host a conference call to discuss its fourth quarter and fiscal 2024 financial results on Monday, February 24, 2025, at 3:0...
United States >>  1/13/2025 - NextEra Energy, Inc. announced that it plans to report fourth-quarter and full-year 2024 financial results before the opening of the New York Stock Ex...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.