Enova has selected Horisont Energi AS’ Project Barents Blue, the first world-scale blue ammonia plant, as one of five hydrogen projects in Norway to be considered for a matchmaking process with other Important Project of Common European Interest (IPCEI).
The Barents Blue project, situated in Finnmark in Northern Norway, is a world-scale clean ammonia project which additionally includes planned CO2 storage offshore.
The facility will convert clean hydrogen into ammonia, an easily transported hydrogen carrier, which can then but converted back into hydrogen when it reaches its destination.
Should the project be selected for the matchmaking process, Horisont Energi will be able to link Barents Blue with several other projects and value chains in Norway as well as in the European Union.
It is believed this will benefit the project in terms of knowledge transfer, increasing the market size and other economies of scale.
Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi, said, “Being evaluated as a candidate for IPCEI is a testimony to the significant potential residing in Project Barents Blue, which we aim to make the most environmentally-friendly and energy-efficient ammonia plant in the world.”
The IPCEI was created to support the collective European goal to become the first climate-neutral continent by 2050.
Norway has joined the IPCEI initiative for hydrogen, and Enova manages the participation of Norwegian companies in the initiative. Enova received 25 applications, of which five were selected, including Horisont Energi.