Everfuel A/S (Herning, Denmark) has announced plans for the HySynergy Phase II project, including development of a 300-MW electrolyzer and Power-to-X (PtX) facility adjacent to the Fredericia petroleum refinery located in Fredericia, Denmark .
The HySynergy Phase II project involves a significant scale-up in the production of green hydrogen, planned for a complementary use in both zero-emission hydrogen mobility and as green feedstock to various fuel-refining processes. Upon its realization, the combined facility will have the capacity to lower the Danish land-based transport sector related carbon dioxide (CO2) emissions by nearly 5% by 2025.
Approximately 20% of the green hydrogen produced at the facility will be dedicated to direct usage as pure hydrogen for zero-emission mobility, while 80% will be used as a feedstock for fuel-refining processes. The new facility will enable a 214,000-ton reduction of annual CO2 emissionsfrom the industry and mobility sectors. The new facility can also provide oxygen for on-site carbon capture by an oxyfuel process and a 25% reduction of the Fredericia refinery’s emissions by using the green hydrogen for production of gasoline, diesel, DME and M85 with a lower carbon footprint. Subsequently, the second phase of HySynergy may also include production of methanol.
The target is to bring the HySynergy Phase II project to a final investment decision (FID), subject to regulatory approvals and funding, by late 2022, with commissioning in late 2024. The expected project budget is up to DKK1,9 billion, equivalent to €250 million. The company is currently developing the HySynergy Phase I 20-MW electrolyzer next to the Fredericia refinery. The final regulatory approval is expected to be completed before summer 2021, with the start of construction planned for the third quarter. The HySynergy Phase I and II projects are part of Everfuel’s announced plan to invest €1.5 billion in developing the green hydrogen value chain in Europe and reach EUR 1 billion of annual revenue from sale of hydrogen before 2030.