Port of Oostende, DEME Concessions and PMV announced HYPORT®, an exclusive partnership to have a plant operational in the port area of Ostend, in Belgium, by 2025 that produces green hydrogen. This end product will both serve as an energy source for electricity, transport, heat and fuel purposes and as a raw material for industrial purposes.
The three parties are once again joining forces to help bring about the transition of energy, transport and industry in Flanders. Their joint goal is reflected in a very concrete and ambitious project: HYPORT® Oostende. The green hydrogen plant in Ostend will ultimately deliver a CO2 reduction of around 500,000 to 1,000,000 tons per year. HYPORT® Oostende will make a significant contribution to the achievement of Belgian and European climate objectives.
In the first phase of the process, the general feasibility will be further investigated and a development plan will be worked out. An innovative demonstration project with mobile shore-based power will then be started. A demonstration project with an innovative electrolyzer of around 50 MW is also scheduled. By 2022, the roll-out of a large-scale shore-based power project, running on green hydrogen, will start. The finish line will be crossed in 2025 with the completion of a commercial hydrogen plant in the context of the planned new offshore wind concessions.
Port of Oostende is expanding its activities in the Blue Economy with this area-specific development. The planned location is in the Plassendale 1 port area. PMV has experience in financing the development, the construction and operation of the infrastructure necessary for energy projects. PMV sees great potential for hydrogen in the long term and wants to stimulate and support entrepreneurial projects involving hydrogen. An expertise unit has been set up within PMV to gather knowledge and improve funding for potential ideas. PMV will participate actively in the expansion of hydrogen activities in Flanders through this public-private partnership.
DEME is one of the pioneers in the development of offshore energy projects. The combination of renewable energy with green hydrogen is fully consistent with its innovation vision, which is why the company plans to invest in the development, large-scale production, storage and delivery of green hydrogen.
Source: Port of Oostende