popular articles

Hy2gen: Project COURANT, a decarbonization process

Hy2gen has awarded Technip Energies the pre-FEED study for its COURANT project to produce renewable and carbon neutral ammonia. The plant is expected to be completed by mid-2028, producing 220,000 tons of renewable ammonia using hydroelectricity.

Please share:

Hy2gen entrusts Technip Energies with the pre-FEED study for its COURANT project. This project aims to produce renewable and climate-neutral ammonia for the production of low-carbon feedstocks for use in Quebec.

Renewable ammonia production: Hy2gen’s COURANT project for Quebec

The pre-FEED study, which began in March 2023, will provide information on the plant’s process configuration, selected technologies, estimated capital requirements, and clarification of operating costs. The study will also provide the information needed to initiate the required environmental and stakeholder engagement steps.

Following the FEED and a positive final investment decision, Hy2gen plans to finalize the plant by mid-2028. Therefore, renewable and climate-neutral ammonia production is expected to start soon after. This will be Hy2gen AG’s first Canadian project.

The COURANT project is expected to produce 220,000 metric tons of renewable ammonia, with an annual energy demand of 2.5 TWh. Hydrogen will be produced with the help of electrolyzers. Nitrogen will be produced in an air separation plant. Energy for both plants will be provided by hydroelectricity, making ammonia production carbon neutral.

Hy2gen and Technip Energies together to accelerate the deployment of carbon-free hydrogen through the COURANT project

“We are delighted that Hy2gen has entrusted Technip Energies with the pre-FEED phase of the COURANT project. This illustrates the relevance of our partnership with Hy2gen and we look forward to accelerating together the deployment of low-carbon hydrogen and its derivatives on a large scale”, said Marco Villa, Chief Operating Officer of Technip Energies.

Hy2gen is a German company that develops, finances, builds and operates plants worldwide. It aims to produce renewable hydrogen, renewable ammonia and hydrogen-based e-fuels. The first plants are currently under construction in France, Norway, Canada and Germany. Hy2gen’s goal is to become the market leader in the production of renewable hydrogen and its derivatives for mobility, agriculture and industry.

Technip Energies is a leading engineering and technology company dedicated to the energy transition. Indeed, it is a leader in Liquefied Natural Gas (LNG), hydrogen and ethylene. In addition, it has a strong presence in the growing blue and green hydrogen, sustainable chemistry and CO2 management markets. It has 15,000 employees in 35 countries and is listed on Euronext Paris.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Nexans aims for increased financial performance by 2028, supported by significant investments in global electrification and a strategy focused on energy transition and recycling.
Masdar and KESH sign a strategic partnership to develop large-scale renewable energy projects, positioning Albania as a key player in the European energy market.
Masdar and KESH sign a strategic partnership to develop large-scale renewable energy projects, positioning Albania as a key player in the European energy market.
Polish energy giant Orlen partners with the European Investment Bank to modernize its energy distribution network, aiming to integrate renewable solutions and strengthen operational efficiency.
Polish energy giant Orlen partners with the European Investment Bank to modernize its energy distribution network, aiming to integrate renewable solutions and strengthen operational efficiency.
The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.
The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.
In the third quarter, Halliburton reports a 20% drop in net profit, mainly impacted by a cyberattack and slowing demand in North America, its key market.
Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
The Italian energy giant Enel announces a 38% increase in net profit over nine months, reaching 5.9 billion euros, despite a context of falling electricity prices.
The Italian energy giant Enel announces a 38% increase in net profit over nine months, reaching 5.9 billion euros, despite a context of falling electricity prices.
Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
The Global Battery Alliance reveals the results of a collaborative project involving the world’s largest battery manufacturers to harmonize transparency and sustainability in the battery supply chain.
Engie targets the top of its 2024 forecasts after strong quarterly performance
Engie targets the top of its 2024 forecasts after strong quarterly performance
Akastor ASA acquires Mitsui's shares in AKOFS Offshore for USD 22.5 million, increasing its stake to 75% and consolidating its position in the subsea intervention sector.
Akastor ASA acquires Mitsui's shares in AKOFS Offshore for USD 22.5 million, increasing its stake to 75% and consolidating its position in the subsea intervention sector.
Struggling in 2022, German energy company Uniper initiates a 530 million euro repayment to the German state. This payment represents a significant step toward reducing public influence within the company.
Struggling in 2022, German energy company Uniper initiates a 530 million euro repayment to the German state. This payment represents a significant step toward reducing public influence within the company.
ExxonMobil and Chevron’s quarterly results reveal pressure on refining margins, partially offset by increased volumes and significant shareholder support.
ADNOC, the national oil company of the United Arab Emirates, deploys autonomous artificial intelligence to optimize operations, reduce costs, and enhance energy efficiency.
ADNOC, the national oil company of the United Arab Emirates, deploys autonomous artificial intelligence to optimize operations, reduce costs, and enhance energy efficiency.
TotalEnergies projects a peak in global oil demand after 2030, influenced by population growth and infrastructure shortfalls, contrasting with BP's earlier forecast.
TotalEnergies projects a peak in global oil demand after 2030, influenced by population growth and infrastructure shortfalls, contrasting with BP's earlier forecast.
Dangote denounces the import of low-quality fuel undermining the growth of his refinery in Nigeria. The lack of control infrastructure hampers the enforcement of the country’s new fuel standards.
Dangote denounces the import of low-quality fuel undermining the growth of his refinery in Nigeria. The lack of control infrastructure hampers the enforcement of the country’s new fuel standards.
Schneider Electric announced the sudden departure of its CEO Peter Herweck, who had been in office since May 2023, due to disagreements over the company’s strategy. Olivier Blum takes over immediately.
The French Competition Authority has imposed fines totaling 470 million euros on Schneider Electric, Rexel, Sonepar, and Legrand for collusion in the low-voltage electrical equipment sector. These sanctions represent a strong response against market manipulation.
The French Competition Authority has imposed fines totaling 470 million euros on Schneider Electric, Rexel, Sonepar, and Legrand for collusion in the low-voltage electrical equipment sector. These sanctions represent a strong response against market manipulation.
Faced with Northvolt’s financial difficulties, Volvo Cars is buying out its partner’s stake in the Novo Energy joint venture, initially created to produce batteries for electric vehicles. Volvo is now seeking a new partner.
Faced with Northvolt’s financial difficulties, Volvo Cars is buying out its partner’s stake in the Novo Energy joint venture, initially created to produce batteries for electric vehicles. Volvo is now seeking a new partner.
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.
Japanese electricity giant JERA reports a 52% decrease in its net semi-annual profit, marked by delayed adjustments in fuel prices and losses in the U.S. market. Analysis of the challenges and strategies to stabilize its performance.
Hit by equipment failure and challenging economic conditions, U.S.-based Dow reports a decline in net profits for the third quarter, while revenues show slight growth.
Hit by equipment failure and challenging economic conditions, U.S.-based Dow reports a decline in net profits for the third quarter, while revenues show slight growth.
Eni's Profit Drops 73%: The Group Weakened by Falling Oil Prices
Eni's Profit Drops 73%: The Group Weakened by Falling Oil Prices
Equinor announces a decline in its quarterly profits and adjusts its investment strategy in renewable energy, impacted by delays in the Dogger Bank project.
Equinor announces a decline in its quarterly profits and adjusts its investment strategy in renewable energy, impacted by delays in the Dogger Bank project.

Advertising