Major milestone achieved with Provaris Energy’s GH2 carrier
Provaris Energy has reached a key milestone the development of its GH2 hydrogen carrier with the design package 70% complete and set for delivery in June 2022.
Using compressed hydrogen, the carrier being developed could help transport hydrogen across vast distances and thus could help unlock a booming global hydrogen ecosystem.
With this, completed work packages are now set to be shared with shipyards for construction schedule and capital cost estimates, along with Class Societies as part of the Approval for Construction milestone targeted for mid-2023.
The packages include hull design optimisation (speed-power, structural steel assessments, and intact and damage stability), finite element modelling, shipboard safety systems, general arrangement drawings and a ship outline specification.
Per Roed, Chief Technology Officer at Provaris Energy commented, “The H2Neo engineering and design is now progressed sufficiently to commence discussions with Class for the design of testing and approval for construction.
“We are also now integrating port infrastructure designs for our supply chain discussions with ports in Asia and more recently in Europe.”
Martin Carolan, Managing Director & CEO of Provaris Energy, said, “The design team for the GH2 Carrier continue to make excellent progress on the final design package for discussions with shipyards, an important milestone to refine our cost and schedule for construction and feed into project studies now in progress.
“Management has recently completed a visit to Europe and the UK to market Provaris’ compressed hydrogen solution, receiving an encouraging response given our target delivery for 2026.
“With the demand in Europe for import solutions starting from 2024-2026 the interest in transport solutions has increased given the focus on energy security and new gas infrastructure seeking approvals for gas imports required to demonstrate a hydrogen capability.”