...

Investment proposal submitted for White Dragon project involving TAP

Oil&Gas Materials 17 May 2021 12:09 (UTC +04:00)
Investment proposal submitted for White Dragon project involving TAP

BAKU, Azerbaijan, May 17

By Leman Zeynalova – Trend:

The Greek government and the European Union have received investment proposal for the White Dragon project, which will ensure green hydrogen transportation via the Trans Adriatic Pipeline (TAP), Trend reports with reference to TAP AG consortium.

DEPA Commercial, as project coordinator, in collaboration with Advent Technologies, Damco Energy (Copelouzos Group), PPC, DESFA, HELLENIC PETROLEUM, Motor Oil, Corinth Pipeworks, TAP and Terna Energy submitted to the Greek Government and the EU their investment proposal which exceeds the amount of 8 billion Euro, for the development of an innovative integrated green hydrogen project in Greece which covers the entire hydrogen value chain.

The core of the project is based on the gradual replacement of the lignite power plants of West Macedonia and the transition to clean energy having as final goal the de-carbonization of the country’s energy mix. The “White Dragon” project will use large-scale renewable electricity (GW) for the production of green hydrogen by electrolysis in Western Macedonia.

Hydrogen will then be stored directly (short-term hydrogen storage) and indirectly (streaming through DESFA’s natural gas pipeline) and, subsequently, through high temperature fuel cells will provide the country’s power grid with electricity as a fixed base load co-generation unit of green energy and heat.

The exclusive hydrogen backbone pipeline will enable the interconnection between remote green hydrogen production units with large end consumers (refineries, industrial units, etc.) to help them “green” their production processes, but also the interconnection with the respective systems of neighboring countries.

Finally, through the integrated “White Dragon” project, the transport and export potential of hydrogen through TAP Pipeline connecting Greece to European markets emerges.

---

Follow the author on Twitter: @Lyaman_Zeyn

Tags:
Latest

Latest