Statoil, Vattenfall and Gasunie have signed a Memorandum of Understanding (MoU) to evaluate the possibilities of converting Vattenfall's gas power plant Magnum in the Netherlands into a hydrogen-powered plant. The potential CO2 emission reduction is 4 million t of CO2 per year. The next steps will involve feasibility studies to evaluate the conversion of one of the three Magnum units of Vattenfall Nuon in Eem-shaven to run on hydrogen. In addition, Gasunie examines which infrastructure for transport and storage is needed. The scope of the MoU also includes exploring how to design a large-scale value chain where production of hydrogen is combined with CO2 capture, transport and permanent storage as well as considering potential business models.
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