January 22 (Renewables Now) - Canada’s H2V Energies said on Wednesday it will be accepting orders for green hydrogen from a new plant in Quebec that will kick off production in 2022.
The so-called Alpha plant will be constructed within the Becancour Waterfront Industrial Park in the city of Becancour. The facility will deploy a new industrial plasma gasification technology for converting raw residual biomass materials, such as waste wood and paper, into syngas to produce green hydrogen without electrolysis. It will have an annual production capacity of around 49,000 tonnes.
Supplies of the up to 99.8% pure compressed hydrogen will start in 2022 at prices of CAD 3.50 (USD 2.68/EUR 2.41) per kg. Taxes, deployment and delivery charges will be estimated on top of that price, which the Canadian firm defined as “a most affordable price, less expensive than diesel fuel and defying all competition.”
The technology will be used for the first time in the world, Quebec-based H2V Energies noted. It explained that it entails lower electricity consumption and is more appropriate for large-scale production of green hydrogen, as compared to electrolysis. The company is targeting mobility, maritime, rail and industrial applications, as well as inflows of the green hydrogen into the natural gas distribution grids.
(CAD 1.0 = USD 0.765/EUR 0.690)