H2AzoRES - H2 in Azores to enhance a green and RES-powered transition

 

COUNTRY: PORTUGAL
ISLAND: SAO MIGUEL AND SANTA MARIA
PROJECT PROMOTERS: ELETRICIDADE DOS ACORES S.A. (EDA)
SECTOR: HYDROGEN
PROJECT VALUE: 89,600,000 €

 

 

WHAT IS THE PROJECT ABOUT?

  • The techno-economic feasibility of green H2 will be explored as an energy vector able to store the surplus from local renewable production, which presently is curtailed. Power-to-H2 solutions would help decarbonizing the local transport sector and Power-to-H2-to-Power solutions improving the RES share in the electricity system
  • Depending on the H2 potential on the lighthouse island of São Miguel, the viability of two different H2 export routes will be investigated: 1) fellow island with low RES share in the energy mix (within the Azores archipelago: Santa Maria); 2) other geographical islands (for instance Madeira).
  • The project addresses the current situation in Azores, where energy production is expensive, fossil-dependent and reliant on external supply..

HOW WILL THE EU ISLANDS FACILICY NESOI SUPPORT THE PROJECT?

  • Analysis of existing planning documentation, identification of the project boundaries
  • Assessment of the key project sizing drivers
  • Identification of suitable technological options given existing project sizing requirements
  • Definition of the required environmental permitting procedures, and Regulatory Framework study
  • Cost Benefit analysis and socio economic and environmental impact evaluation
  • Definition of the technical, economic and financial, fiscal project inputs
  • Risk analysis and identification of available mitigation strategies
  • Assessment of existing procurement options (e.g. tender, PPP, etc.)
  • Financial modelling and identification of target scenario
  • Identification of financing/funding options
  • Dissemination Plan and assessment of replicability potential
  • Action plan and identification of project monitoring procedures

NESOI CONTACT

Panagiotis Tsarchopoulos (CERTH), fpatsar@auth.gr

DOWNLOAD PROJECT BRIEF

(Image Source: Abspires40)

 

 

H2AzoRES - H2 in Azores to enhance a green and RES-powered transition | NESOI

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