Description: VÄTERGY, together with an Independent Power Producer, were engaged to perform the techno-economic pre-feasibility analysis for the production of green hydrogen from solar power to be used in a refining process. The green hydrogen was aimed to partially replace the current use of grey hydrogen on the hydrotreating and hydrocracking processes.
The analysis envisaged the development of 150MW of greenfield photovoltaic and an a 50MW electrolyser. The project would allow to reduce about 1.5 million tons of CO2 over a 20 years period. The estimated Levelized Cost of Hydrogen (LCOH) estimated for the project, assuming no grants or subsidies, was below €5/kg.