Gen2 Energy, a project development company specializing in the production and distribution of green hydrogen in Norway, has received confirmation of a total capacity reservation of 195MW for its project at Nesbruket in the Vefsn municipality. Of the total capcity, 87MW has been allocated in the existing power grid – with the remaining subject to planned grid development in the Helgeland region.
The facility will be able to produce up to 30 metric tons of liquefied green hydrogen per day, with the zero-emission fuel set to be used in the maritime sector – among others – to generate significant reductions in CO2 emissions.
“This is an important milestone for Gen2 Energy and for the Mosjøen project. We have worked in a focused and systematic manner over time to reach this point, and the capacity reservation provides the predictability we need to move the project forward toward a final investment decision and construction start. The project and the facility will contribute to emission reductions and local value creation, both during construction and once the plant is in operation,” said Lena Halvari, CEO of Gen2 Energy.
She emphasized that green hydrogen will play a key role in the transition of the maritime sector: “To succeed in reducing emissions, green hydrogen must be made available at scale. The capacity reservation at Nesbruket is an important step in that direction.”
Gen2 Energy has four locations along the Norwegian coast – with a total portfolio of 995MW – and is working to establish a complete hydrogen value chain, primarily targeting the marine sector. According to the company, the realization of its projects would be a substantial contribution to emission reductions in Norwegian shipping and support Norwegian and EU climate targets.
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