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Tag: Maire

Syngas News

A consortium has unveiled plans to build one of the largest green hydrogen plants in the world in a bid to make Oman a leader in renewable energy technology. The $30 billion project is being developed by Oman’s state-owned oil firm OQ, green fuels developer InterContinental Energy and Kuwait government-backed renewables investor EnerTech. Construction is scheduled to start in 2028 in Al Wusta governorate on the Arabian Sea. It will be built in stages, with the aim to be at full capacity by 2038, powered by 25 GW of wind and solar energy. Two years has already been spent on solar and wind monitoring analysis for the development. According to the consortium, the site chosen has the optimal diurnal profile of strong wind at night and reliable sun during the day, and is also located near the coast for seawater intake and electrolysis.

Syngas News

A recent report from BloombergNEF (New Energy Foundation) looking ahead to 2050 argues that green hydrogen can be cheaper than natural gas. It finds that ‘green’ hydrogen from renewables should become cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modelled, assuming scale-up continues. These countries accounted for one-third of global GDP in 2019. In all of the markets BNEF modelled, ‘green’ hydrogen should also become cheaper than both ‘blue’ hydrogen (from fossil fuels with carbon capture and storage – CCS) and even ‘grey’ hydrogen from fossil fuels without CCS. The cost of producing ‘green’ hydrogen from renewable electricity should fall by up to 85% from today to 2050, the report predicts, leading to costs below $1/kg ($7.4/MMBtu) by 2050 in most markets. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than their previous 2050 forecast. Falling costs of solar photovoltaic (PV) electricity are the key driver behind the reduction; BNEF now believes that PV electricity will be 40% cheaper in 2050 than they had thought just two years ago, driven by more automatic manufacturing, less silicon and silver consumption, higher photovoltaic efficiency of solar cells, and greater yields using bifacial panels.

Sulphur Industry News

Tecnimont has been awarded a $1.5 billion contract by Nigeria’s Federal Executive Council to carry out rehabilitation works at the Port Harcourt refinery in Rivers State, run by the state-owned Nigerian National Petroleum Company (NNPC). The contract covers engineering, procurement and construction (EPC) activities for a full rehabilitation of the Port Harcourt refinery complex, aimed at restoring the complex to a minimum of 90% of its 210,000 bbl/d nameplate capacity. Tecnimont says that the project will be delivered in phases from 24 and 32 months and the final stage will be completed in 44 months from the award date.

Nitrogen Industry News

Copenhagen Infrastructure Partners (CIP) has unveiled plans to build Europe’s largest power-to-ammonia facility at the Danish port of Esbjerg, based on electricity from offshore wind turbines. The company said the plant will consist of 1GW of electrolysis capacity, capable of supplying sufficient hydrogen to produce 300,000 t/a of ammonia, and that the ammonia will be used as both as agricultural fertiliser and as fuel for the shipping industry. Excess heat generated in the process would be used to provide heating for around one third of local households in communities around the plant, to be sited on the west coast of Denmark. The company has signed a memorandum of understanding for the project with companies from both the agriculture and shipping sectors, including Danish Crown, Arla, DLG, Maersk and DFDS Seaways. CIP anticipates that it would cost approximately $1.2 billion to build the facility. They are currently seeking investors for the project and expect that the investment decision would be reached by 2023. The plant could enter commercial operations in 2026.