Oracle Power PLC appointed ThyssenKrupp Uhde to lead the technical and commercial feasibility study for the green hydrogen and ammonia project being developed by the Company’s joint venture company, Oracle Energy Limited.
The study is planned to commence shortly, with the final report expected to be delivered in H1 2023. Oracle’s share of the cost of the study is expected to be funded from current cash resources.
The project is located in the designated wind corridor in the province of Sindh in southern Pakistan. It is expected to deploy 700 MW of solar and 500 MW of wind power to produce green hydrogen.
As a part of the feasibility study, hydrogen production and ammonia production/reconversion capacities will be determined and confirmed based on 700MW solar and 500MW wind power capacity and profile. The required power input (MW) for 150 tonnes/day of green hydrogen production will be estimated during the study.
A detailed techno-economic modelling study will be performed, providing cost estimates for plant OPEX & CAPEX, processes and plant layout, project execution schedule, technology information and carbon intensity of the hydrogen value chain.
The study will also consider different scenarios for end use, e.g., industrial grade gaseous hydrogen, high-purity mobility grade gaseous hydrogen, liquid hydrogen transport to end-users in Asia, in addition to conversion to ammonia and transportation for customers in Europe & Asia for direct use or reconversion to green hydrogen for end-users.
CEO of Oracle, Naheed Memon, said, “I look forward to reporting on the outcomes of the technical and feasibility study, which we expect to present in H1 2023.”
Dr Naveed Akhtar, CTO of Oracle Energy, said, “We are delighted to have ThyssenKrupp onboard, their decades of experience in the hydrogen and ammonia business will be very valuable to our green hydrogen project as we embark on this very exciting journey.”
Shaikh Ahmed Al Maktoum, said, “This is a huge step forward for Oracle Energy and we look forward to working with thyssenkrupp on this important new development.”