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.
| Sectors | Hydrogen Energy, Green Hydrogen, Ammonia |
|---|---|
| Themes | Project Finance, Investments & Transactions |
| Companies | Technip Energies |
| Countries | France, Norway |
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.
