Econostrum | Economic News in the Mediterranean

The Port of Marseille invests 750 M€ in the production of green hydrogen

Written by Eric Apim on Tuesday, January 18th 2022 à 12:25 | Read 809 times

The project is co-financed by the GPMM and H2V (photo: H2V)
The project is co-financed by the GPMM and H2V (photo: H2V)
FRANCE. The Grand Port Maritime de Marseille (GPMM) and H2V Fos have signed a partnership agreement to develop a renewable hydrogen production project with a capacity of 600 MW.

Requiring an investment of €750m, the installation will be deployed in the Caban area of Fos-sur-Mer in six phases from 2026 to 2031 over a total surface area of thirty-six hectares and associated with the CSF NSE (Strategic Committee for New Energy Systems) South Basin project. The Port of Marseille-Fos is taking a stake in the project.

The site will therefore host six production units, each with a capacity of 100 MW, ensuring the delivery of 84,000 tonnes per year of green hydrogen obtained by electrolysis of water and renewable energy. According to a joint press release from the Port of Marseille and H2V Fos, it will "enable the creation of 165 direct jobs and 100 indirect jobs". The objective is to decarbonise the activities of the industrial port zone of Fos-sur-Mer and thus avoid the discharge of 750 000 tonnes of CO2 into the atmosphere each year.

H2V deploys two other units in France

Launched in 2016, H2V has been investing, developing and building renewable hydrogen production plants of 100 MW or more since 2020. Its first two units are scheduled to be commissioned in 2022 (Grand Port Maritime de Dunkerque in Hauts-de-France and the Port-Jérôme industrial zone in Normandy).

H2V Fos was created on 19 January 2021 and its head office is located in Carpiquet in Calvados (Normandy) where the family investment company that owns H2V Industry, Samsi-Invest, chaired by Alain Samson, is based.

In its latest report of 15 January 2022, the International Renewable Energy Agency (Irena) indicated that hydrogen could provide 12% of the world's energy needs by 2050. This document estimated that France could produce green hydrogen cheaper than blue hydrogen from natural gas by 2028.


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