Investment in 5 MW green hydrogen production facility located in Konin, Poland

The Green H2 Project by ZE PAK SA aims to build Poland's first green hydrogen production facility for transportation, utilizing renewable energy and innovative electrolyzer technology to reduce emissions and costs.

Subsidie
€ 4.460.000
2021

Projectdetails

Introduction

Green H2 Project of ZE PAK SA envisages the construction of the first green hydrogen production installation for transportation purposes in Poland. The installation is planned to be built up sequentially, with the first phase targeted at 5MW power, gradually increasing up to 50MW depending on the dynamics of the future growth of the market.

Electrolysis System

The electrolysis system will consist of:

  1. 2 electrolyzers powered by own renewable sources (60% of electric energy consumption).
  2. Market-sourced Power Purchase Agreements (PPAs) with suppliers of renewable power (40%).

The main innovative component introduced by ZE PAK SA is the construction of a self-designed electrolyzer stack. The final prototype is planned to allow for:

  • 15% CAPEX savings.
  • 5% energy efficiency increase in comparison to available technologies.

Target Market

The entire H2 production volume of the installation will be destined for use within the transportation sector, which is the company's main strategic direction in terms of H2 development. ZE PAK SA's primary target market in the short term consists of fueling self-produced H2 public buses.

Additionally, an extra revenue stream (15% of overall revenues) of the installation will consist of sales of oxygen, which is a byproduct of the electrolysis process.

Environmental Impact

With net emission generation per annum equal to 364 tonnes of CO2 and expected production volume at 710 tonnes of hydrogen, the GHG emissions per unit of hydrogen are calculated at the level of 0.51 tCO2 equivalent / t H2. This is significantly below both the EU ETS benchmark value (8.85 tCO2 / tH2) as well as the average value for the 10% most efficient installations.

Project Timeline

Project works have started in 2020. All feasibility, preparatory, permitting, and construction works are planned to be completed in 1Q 2024. The entry into operations is planned for the 1st of June 2024.

ZE PAK SA has already covered part of the costs of the project (2.1 mEUR; not included in the budget of the application to IF), which reflects the company's strong commitment to successfully launching the project.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 4.460.000
Totale projectbegroting€ 4.460.000

Tijdlijn

Startdatum1-10-2021
Einddatum31-12-2028
Subsidiejaar2021

Partners & Locaties

Projectpartners

  • PAK PCE BIOPALIWA I WODOR SPOLKA ZOGRANICZONA ODPOWIEDZIALNOSCIApenvoerder
  • ZE PAK SPOLKA AKCYJNA
  • EXION HYDROGEN POLSKIE ELEKTROLIZERY SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
  • EXION HYDROGEN POLSKIE ELEKTROLIZERY SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA

Land(en)

Poland

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