DEVELOPMENT OF HYDROGEN CARRIER TERMINAL ON TRACK AT NORTH SEA PORT
Vision Energy Corporation is set to provide a project development
update on the company’s Green Energy Hub in the Port of Vlissingen,
Netherlands.
Through its fully-owned subsidiary Evolution Terminals BV, Vision Energy is
finishing up the last of the necessary studies to enable submitting permit
applications under the Dutch “WABO” process.
The first submission date has been targeted for 31 December.
Evolution Terminals is in advanced development of its 16.4 hectare site in
the North Sea Port of Vlissingen, the Netherlands.
This will be Northwestern Europe’s first import, storage and handling
terminal designed exclusively for hydrogen carriers, renewable energy products
and low-carbon fuels.
Phase 1 development plan investment is estimated at EUR €450 million ($477
million) for up to 400,000 CBM of storage for green and low-carbon products and
fuels.
The project will include investment in a new deep-water jetty, quay wall
redevelopment, truck and rail loading facilities.
The company is also targeting FID towards the end of 2023.
The application includes the filing of an environmental permit, followed by
a construction permit application for Phase 1’s 400,000 cubic metres (CBM) of
capacity.
The latter will be submitted in phases, each of which will be designed in
accordance with the commercial storage needs for the terminal’s upcoming planned
expansion of its capacity for green and low-carbon energy products.
The company is on track to submit the comprehensive environmental impact
assessment, also known as the “MER” or “Milieueffectrapport” in the Netherlands,
by 31 January, 2023.
Several experts and specialists from Netherlands-based consultancy firms
have concluded a portfolio of detailed studies to support the final permit
applications.
Studies have included Spatial Layout, Planning and Design, detailed
Quantitative Risk Assessments and Safety Reporting, Acoustic and Noise Impact
Assessments, Air Quality calculations, Water handling, Fire Safety and Pilot
Navigation Simulations for the Jetty.
