Page 10 - EurOil Week 08 2021
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EurOil                                            POLICY                                               EurOil
























       Equinor, Engie to study




       blue hydrogen chains




        NORWAY           NORWAY’S Equinor is teaming up with France’s  the way for net zero in 2050.”
                         Engie to assess the potential production and   Equinor is already involved in blue hydrogen
       Equinor is a frontrunner   marketing of blue hydrogen in north-west  projects under the Zero Carbon Humber and
       in blue hydrogen   Europe.                             Net Zero Teesside initiatives in northern Eng-
       technology in Europe.  Hydrogen is classified as blue when it is  land, and the H-Vision blue hydrogen scheme
                         derived from natural gas, with the use of pro-  in the Netherlands. It also recently joined the
                         cesses such as steam methane reforming, and  NortH2 green hydrogen project off the Dutch
                         when the CO2 released is captured and stored.  coast, which aims to develop 4 GW of offshore
                         Equinor, which is already involved in several  wind energy capacity to power electrolysers.
                         blue hydrogen projects in Europe, has signed a   A potential blue hydrogen value chain in
                         memorandum of understanding (MoU) with  north-west Europe would benefit from Equinor’s
                         Engie to investigate creating blue hydrogen value  Northern Lights project in Norway, designed for
                         chains in Belgium, the Netherlands and France.  European industry to store up to 5mn tonnes per
                         Discussions will start with potential customers,  year (tpy) of CO2.
                         stakeholders and relevant authorities shortly,   Another key way the Norwegian state com-
                         Equinor said on February 18.         pany is looking to bring down its emissions is
                           Hydrogen is pitched as a solution for decar-  the electrification of its offshore platforms. Also
                         bonising energy-intensive industries and other  last week, it awarded a contract to Norway’s Aker
                         economic sectors that would be difficult to make  Solutions to electrify two platforms at Norway’s
                         clean with renewables such as wind and power  biggest gas field, Troll.
                         alone. But most European countries are focus-  The contract will come into force once
                         ing on green hydrogen, produced from water  Equinor takes a final investment decision (FID)
                         using clean energy-powered electrolysis, and  on the project and it secures regulatory approval.
                         some have ruled out blue hydrogen completely  It covers topside work at the Troll B and C plat-
                         because it is made using fossil fuels.  forms, including the installation of equipment
                           However, supporters of blue hydrogen argue  for receiving power from the mainland via cable,
                         that both technologies need to be treated equally,  thereby lowering emissions. The platforms are
                         to give hydrogen energy the best chance of suc-  currently powered by gas-fired generators.
                         cess. Blue hydrogen can be deployed more rap-  Aker Solutions will carry out engineering,
                         idly and is cheaper, and therefore can create a  procurement, construction and prefabrication of
                         functioning market for hydrogen energy ready  the systems, and their installation. It will start the
                         for when the cost of green hydrogen has fallen  work as soon as the contract is finalised and will
                         sufficiently.                        finish by the end of 2025. Earlier the company
                           “Engie and Equinor believe that it is essential  was enlisted for front-end engineering design
                         to develop low-carbon and renewable hydro-  (FEED) work for the project.
                         gen projects at scale in order to make it possible   “Aker Solutions has extensive experience
                         for industrial customers to significantly reduce  from delivering such low-carbon solutions, and
                         CO2 emissions before 2030,” Equinor said. “The  we aim to be a leading contractor in this market,”
                         development of low-carbon and renewable  CEO Kjetel Digre said in a statement.
                         hydrogen will accelerate the construction of new   The company will book the contract in its
                         hydrogen infrastructure and the repurposing of  first-quarter 2021 results, it said, putting the
                         current natural gas infrastructure, thus paving  deal’s value at NOK2-3bn ($237-356mn). ™



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