As one of many main vitality infrastructure corporations in Europe, Enagás will contribute its expertise within the growth and operation of recent infrastructures in Germany – and particularly in Stade – sooner or later: Hanseatic Vitality Hub GmbH (HEH) has chosen the Spanish transmission system operator as its industrial companion for the operation of the terminal on the Stade industrial park. On the identical time, with a ten% stake, topic to compliance with the situations precedent inherent to such a transaction, Enagás strengthens the present challenge consortium consisting of the founding shareholder, the Hamburg-based Buss Group, the Companions Group (on behalf of its clients) and the economic companion, Dow. The earlier minority shareholder Fluxys will promote its shares attributable to a strategic refocusing. The events have agreed to not disclose the precise phrases of the agreements till the ultimate funding determination is taken all through 2023.
“With the Hanseatic Vitality Hub within the Hamburg metropolitan area, we’re growing an import terminal that can safe Germany’s provide of LNG and inexperienced gases and on the identical time put together for the market ramp-up of hydrogen,” mentioned Johann Killinger, HEH Managing Director and Proprietor of Buss Group. “Enagás not solely shares our imaginative and prescient, but in addition contributes with complete technical experience to assist us make it a actuality shortly and reliably.”
Enagás is likely one of the world’s largest operators of regasification terminals and the second largest grid operator in Europe. Enagás is dedicated to being fully carbon impartial by 2040 and has in depth experience in the usage of hydrogen, biogas and bio-methane along with pure fuel. Along with the TSOs of Portugal and France, Enagás submitted the primary European hydrogen hall challenge, H2Med, to the decision for European Tasks of Widespread Curiosity (PCIs). Additionally, it has submitted to the PCI name for proposals the Spanish Hydrogen Spine, a linked infrastructure to this interconnection.
Arturo Gonzalo, CEO of Enagás, commented, “This new settlement is a crucial milestone in assembly the European aims of safety of provide and decarbonisation, and a related step ahead within the firm’s compliance with its Strategic Plan. Enagás will contribute with its expertise within the growth of a hydrogen prepared infrastructure that can be key for Germany.”
As a primary section, from the tip of 2023 till the land-based terminal goes into operation, HEH may also be the location of one of many 5 FSRU chartered by the German authorities.
To start with LNG and inexperienced vitality sources corresponding to bio-LNG and artificial pure fuel (SNG) could be imported by way of the emission-free terminal from 2027. The deliberate regasification capability is 13.3 billion m3/y. On the identical time, the terminal, port, industrial park, and connection infrastructure are designed in such a method {that a} conversion to ammonia as a hydrogen-based vitality supply can happen in a modular style.
“The Hanseatic Vitality Hub is a key hyperlink in aiding the vitality transition, a key funding theme we’re following. We’re concentrating on a ultimate funding determination for the Hanseatic Vitality Hub all through 2023. The clear dedication of Enagás as industrial companion and co-shareholder demonstrates the maturity and powerful basis of our challenge,” added David Daum, Managing Director Personal Infrastructure, Companions Group.
The deliberate funding quantity for the terminal by HEH is round €1 billion. Again in April, HEH commissioned a consortium led by world EPC specialist Técnicas Reunidas S.A.
to develop the land-based terminal for liquefied gases, topic to HEH´s ultimate funding determination. Different consortium companions are the FCC Group and Entrade GmbH.
Now that the industrial advertising and marketing of the Hanseatic Vitality Hub has been largely accomplished with 10 billion m3/y of long-term LNG capability already contracted with key LNG clients corresponding to EnBW and SEFE, and the challenge is now pushing forward with the parallel ramp-up of hydrogen on an ammonia foundation. Amongst different issues, a market check is to make clear whether or not there may be demand to construct a further, smaller ammonia tank earlier than the big tanks are transformed.
The premise for it is a future-flexible modular system for the inexperienced vitality transition on the Stade Industrial Park. Dow already produces hydrogen on web site on a big scale. The situation additionally affords the potential of an optimum networking of the chemical sector, logistics and the vitality trade.
“We’re delighted to welcome Enagás as a extremely skilled and dependable technical companion,” said Julia Schlenz, President, Dow Germany. “Collectively, with the terminal for liquefied gases, we won’t solely make a concrete contribution to vitality safety and vitality transition in Germany. On the identical time, we can leverage nice effectivity potentials, amongst different issues with the usage of industrial residual warmth from the Dow web site for the regasification of the LNG. On this method, we’re additionally making a big contribution to the longer term viability of our web site.”
Pascal De Buck, CEO of Fluxys, concluded: “We’re happy that the industrial and technical course for implementing the HEH has been set and are assured that the challenge will turn out to be successful. This offers us consolation to totally dedicate our focus to additional tasks the place our contribution as important infrastructure companion generates further worth for a low-carbon society.”
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/02062023/enags-becomes-industrial-partner-and-co-shareholder-of-hanseatic-energy-hub/
