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CRETE AEGEAN H2 VALLEY

Project description

A closer look at Greece’s hydrogen market

The Cretan-Aegean Hydrogen Valley is an ambitious project with the aim of revolutionising the use of hydrogen on the Greek island of Crete and the rest of the country. It aims to establish a production and distribution centre for green hydrogen, allowing for the reuse of energy stored in the grid through fuel cells and Green H2 Road Transport. The EU-funded CRAVE-H2 project covers all the necessary steps in the hydrogen value chain, ranging from production to high-pressure storage and distribution to hydrogen filling stations, as well as potential other off-takers. The project will be located at the port of Atherinolakkos and will facilitate the 580 MW Aegean Wind Energy project, along with the new Greek-Egypt electricity transmission interconnection, introducing cost-effective African PV power into Greece.

Objective

"The Cretan-Aegean Hydrogen Valley is covering a defined geographical area in which hydrogen will serve energy storage and energy aggregation activities via reuse of energy stored to the grid through fuel cells as well as Green H2 Road Transport. In the future Green Marine H2 Fuel applications, as well fuel for industry via its use in adjacent traditional power plant. The CRAVE-H2 is a substantial financial investment and covers all necessary steps in the hydrogen value chain, from production (securing dedicated renewable electricity production from the 582 MW Aegean project) to subsequent high pressure storage & distribution to hydrogen filling station and potential other off-takers. The Cretan-Aegean hydrogen valleys has started and has the full support of the regional authorities (partners) that pursue a ""hydrogen economy”. CRAVE-H2 is necessary for piloting hydrogen market in Crete and Greece but also located in very pivotal location where leading partner EUNICE interconnects their 580 MW Aegean Wind Energy project and their new Greek - Egypt electricity transmission interconnection allowing for cheap African PV power to be introduced into the Greek electricity and hydrogen market. The location of the main hydrogen production and the above connections is the port of Atherinolakkos which could allow future deployment of use of hydrogen as maritime fuel.
The main assets /scope of CRAVE - H2 are the integration of :
• Alkaline Electrolyser: +3 MWel +500 tons/year H2 from DENORA
• H2 compression and storage together with HRS: 1 ton
• PEM Fuel Cell: 0.4 MWel from BALLARD
• Employ Hydrogen buses by local company.
• Re-use of water produced from the FC
• Including all installation works and required AC/DC rectifier and DC/AC converters from EUNICE
• LCA / LCC and study of other H2 uses in power plant, industry and maritime applications.
"

Coordinator

EUNICE LABORATORIES MONOPROSOPI ANONYMI ETAIREIA
Net EU contribution
€ 2 526 125,00
Address
CHIMARRAS 5
151 25 MAROUSI ATHINA
Greece

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Αττική Aττική Βόρειος Τομέας Αθηνών
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 3 608 750,00

Participants (7)