MadoquaPower2X

🚢 More Exciting News from Madoqua: Pioneering a Green Corridor for Europe's Energy Transition! 🌍⚡ Building on our partnership with the Admnistração do Porto de Sines, Port of Rotterdam, and duisport - Duisburger Hafen AG announced in early November – today on Tuesday (10/12/2024), a range of leading industry players have signed an MOU to operationalize this Green Corridor.    The signatories of this MoU will combine their sustainability priorities and apply their collective expertise to advance the decarbonization of hard-to-abate industries and the shipping sector in Europe. The parties will support the development of cross-border infrastructure and the promotion of green hydrogen derivatives and carbon capture, utilization, and storage (CCUS) technologies, with the goal of attaining European energy  independence by securing a low-cost renewable fuel supply from Portugal.   This collaboration includes diverse sections of the energy transition value chain, including financial partners, terminal operators, R&D institutions, industrial corporates committed to decarbonization, green fuel producers, and alternative fuel off-takers.    Thank you to our partners Admnistração do Porto de Sines, Port of Rotterdam, duisport - Duisburger Hafen AG, Secil, Copenhagen Infrastructure Partners, ING, MUFG, Tepsa, Chane, Mitsui O.S.K. Lines, Ltd., Cargill, Norwegian Cruise Line Holdings Ltd., REN, Hyperion Renewables, Floene, Proton Ventures, KBR-AMCDE, thyssenkrupp, Siemens, Associação Empresarial de Sines, NRW.Energy4Climate, H2UB, Câmara de Comércio e Indústria Luso-Alemã / AHK Portugal, BDO, Horisont Energi, MadoquaPower2X.

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CIP’s Energy Transition Fund signs MoUs with leading shipping companies to develop ammonia-fueled carriers.   As a leading developer of clean ammonia, Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), aims to provide end-to-end solutions for the safe delivery of clean ammonia to shipping companies.   ETF has signed a Memorandum of Understanding (MoU) with BW Epic Kosan to develop handy-sized ammonia carriers. These carriers will be equipped with dual-fuel ammonia engines and bunkering capabilities. Additionally, another MoU has been signed with Færder Tankers Norway to develop a 50,000 cbm ammonia carrier.   Niels H Lindegaard, advisor to the ETF Sustainable Marine Fuels teams, said: “Our objective is to facilitate the green transportation of clean ammonia by utilizing the cargo as fuel. Partnering with innovative shipping companies like BW Epic Kosan and Færder Tankers is crucial to achieving this goal and leading in the field of clean ammonia.”   Read more about the MoUs at https://lnkd.in/grNrp7Ze

Madoqua looks forward to sharing its thoughts and insights at the upcoming webinar. Hydrogen Europe Clean Hydrogen Partnership #ammonia #shipping #maritime #energytransition

Thanks to ADIPEC Exhibition and Conference for the opportunity to share the “Green hydrogen: project developer perspective” alongside Simon Flowers, Brian Maxwell, Alexander Tancock and Giuseppe Surace in Abu Dhabi. It was great to share some of the exciting progress of Madoqua projects, which include the MadoquaPower2X, MadoquaSynfuels, #MadoquaGreenFuelsTerminal and #MadoquaPowerAssets.  Our work on MadoquaPower2X with partners like Copenhagen Infrastructure Partners, emphasise the importance of taking power procurement into our own hands with active development across Portugal, and the difference that support from government stakeholders like CINEA - European Climate, Infrastructure and Environment Executive Agency has made as part of their #H2BankAuction award to MadoquaPower2X. Initiatives like Madoqua's Portuguese-Dutch-German green shipping corridor that we announced last week with Admnistração do Porto de Sines, duisport - Duisburger Hafen AG and Port of Rotterdam are also critical in building the storage, terminal and refueling infrastructure required to take cost out for alternative fuels.

The results of the first European Hydrogen Bank Auction were announced in April 2024, with the successful projects being selected by CINEA - European Climate, Infrastructure and Environment Executive Agency, and nearly €720 million being awarded to 7 renewable hydrogen projects.  MadoquaPower2X (MP2X) was awarded EUR 245m in operational subsidies, with a fixed premium of 0.48 EUR/kgH2 for ~51,000 tons of green hydrogen p.a. over a 10-year period.    Today we celebrate the signature of the grant agreement with CINEA: Philip Christiani, Partner – Copenhagen Infrastruture Partners:  “The signing of this agreement is the begining of EU’s commitment to support the creation of a nascent hydrogen economy. MP2X, is a frontrunner to catalyse a new generation of environmentally resilient investments in Portugal. Green hydrogen, is seen as a crucial element in achieving European decarbonization goals, and the European Hydrogen Bank support plays a crucial role in ensuring MP2X becomes one of the first green fuels producer at industrial scale in Europe.”   MP2X, located in Sines, Portugal, is a cornerstone Power-to-X facility that will produce green hydrogen and ammonia, using wind and solar energy to power electrolysis, to be used primarily for shipping. The project is divided into two phases: Phase 1 with an initial electrolyser capacity of 500 MW’s to produce 51,000 tonnes of #hydrogen and 300,000 tonnes of green #ammonia annually; followed by Phase 2, that will seek to deploy a further 700 MWs of #electrolyser capacity, bringing the total capacity to 1.2 GW’s - this will unlock a total production of 150,000 tonnes of hydrogen and more than 1 million tonnes of decarbonised ammonia annually.

6️⃣ new #renewableHydrogen projects have signed grant agreements after the first #IF23Auction!      With a total of €694+ million, these projects have the potential to:  ⚡produce 1.52 million tonnes of #hydrogen  🌍 avoid 10+ million tonnes of CO2     Find out more 👉 https://europa.eu/!pFYFdr      #EUGreenDeal #InnovationFund EU Environment and Climate Kurt Vandenberghe Paloma Aba Garrote

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Realizou-se ontem o #networking de fim de verão do Mulheres na Energia, mais uma vez na Residência Oficial da Senhora Embaixadora Britânica em Lisboa, promovido pela British Embassy Lisbon e pela Associação Portuguesa da Energia. Tivemos o privilégio e o gosto de contar com o testemunho inspirador da Senhora Ministra do Ambiente e Energia, Maria Da Graça Carvalho que é também Membro do Conselho Consultivo do #Mulheres na #Energia, num evento descontraído que contou com a presença de 70 membros do programa e respectivas convidadas. Agradecemos também as intervenções da nossa amável anfitriã, Senhora Embaixadora do Reino Unido em Lisboa, Lisa Bandari e do Presidente da #APE, João Torres. A coordenação do evento foi da nossa Flavia Lima e de toda a equipa da British Embassy Lisbon: muito obrigada pelo vosso empenho para realizarmos mais um encontro memorável!! 🙌 Ainda não se juntaram ao programa? Podem descobrir mais em: https://lnkd.in/dgHmEWcm …e inscreverem-se gratuitamente em https://lnkd.in/dddszi7x   Seguimos juntas! 🙌   #mentoring #liderança #inspiracao #inclusão Future Energy Leaders Portugal Ministério do Ambiente e Energia #lidership #inspration #inclusion World Energy Council