The European utilities Statoil (Norway), Vattenfall (Sweden) and Gasunie (Netherlands) have signed a Memorandum of Understanding (MoU) to investigate the possibilities to convert Vattenfall’s 1,311 MW Magnum gas-fired power plant in the Netherlands into a CO2-free hydrogen-powered plant that could potentially reduce CO2 emissions by 4 MtCO2/year.
Besides, the scope of the MoU also includes a clause which mentions the three partners will work on how to design a large-scale value chain to combine CO2 capture, transport and permanent storage with the production of hydrogen.
The 1,311 MW Magnum power plant is located in Eemshaven (Groningen province, Netherlands) and is operated by the Dutch company Nuon, a subsidiary of Vattenfall. It consists of three combined-cycle gas turbines (CCGT) with a capacity of 440 MW each. According to the companies, one CCGT is estimated to emit nearly 1.3 MtCO2/year.
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