Gen2 Energy secures 195 MW power

With this, the company has secured capacity for the first phase of the project. The facility will be able to produce up to 30 tpd of liquefied green hydrogen. Green hydrogen is a zero-emission fuel that can be used, amongst others, in the maritime sector and thereby contribute to significant reductions in CO₂ emissions. Over time, production will be scaled up to the full capacity of 195 MW.

“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 towards 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 emphasised that green hydrogen will play a key role in the transition of the maritime sector: “To succeed in reducing emissions in the maritime sector, green hydrogen must be made available at scale. The capacity reservation at Nesbruket is an important step in that direction.” Significant work has already been carried out in the development of the Nesbruket site. The overall project will be developed and built in phases and is expected to generate increased activity, new jobs and further industrial development in the region.

Gen2 Energy is a project development company with four locations along the Norwegian coast. The company has a total portfolio of 995 MW and is working to establish a complete hydrogen value chain, primarily targeting the maritime sector. Realisation of the company’s projects can enable a substantial contribution to emission reductions in Norwegian shipping and support Norway’s, and the EU’s climate targets.

Gen2 Energy would like to express its sincere thanks to Mosjøen og Omegn Næringsselskap (MON) and Vefsn municipality for a strong and constructive collaboration. The company looks forward to continued development together with all involved parties, and to working even more closely with Linea and Helgeland Kraft towards realisation of the project.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/06012026/gen2-energy-secures-195-mw-power/