The wind farm is projected to comprise 1.5GW renewable energy which will supply power to H2Carrier’s floating production vessel for hydrogen and green ammonia, the so-called P2XFloater™.

Green ammonia will be stored in tanks onboard the vessel, then exported to smaller shipping vessels and carried to the international market for ammonia. The project will enable Greenland to play a key role within global decarbonisation.

The P2XFloater™ design has been developed in a close co-operation with leading engineering firms in Norway and is believed to be the first of its kind on a global basis, capable of producing hydrogen and ammonia on an industrial scale.

It is based on well proven technologies from floating production of oil and gas (FPSOs- floating production, storage and offloading) in combination with control systems which optimise renewable power, electrolysers and the Haber-Bosch-process for production of ammonia.

H2Carrier will build, own/lease and operate a fleet of P2XFloaters™ on PtX projects globally.

Mårten Lunde, CEO of H2Carrier, said all industrial use of ammonia at present is associated with significant emissions of CO2.

He said, “By building on established and proven technologies with a strong safety track record from oil and gas we have developed zero carbon solutions for ammonia which is a key ingredient in agriculture and the food industry.”

Presently less than 1% of the global ammonia consumption globally is produced from renewable energy.

Nicolai Fossar Fabritius, Chairman of Anori, who prior to co-founding the company worked several years as a director of the Danish wind turbine manufacturer Vestas, said, “We need to turn this around to come closer to 100% as soon as possible in order to reach the targets of the Paris agreement.”

Palle Christiansen, CEO at Anori, said the project has huge export potential for Greenland.

He said, “We have space and such a project will not prevent other activities or projects. Greenland as attractive wind resources and ample access to clean water. Clients are based internationally and Greenland will benefit from new employment and export revenues.”

Lunde said the P2XFloater™ design represents a cost and time efficient and flexible solution for production of green ammonia in an industrial scale at a competitive price.

“The demand for green ammonia is rapidly increasing due to the industrial decarbonisation. This is an attractive project at the right location at the right time.”