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Fortescue is currently assessing the potential development of a green hydrogen and green ammonia production facility in Hemnes Municipality in Nordland County, Norway. Hemnes Municipality has been identified as favourable due to its proximity to a strong grid connection and port accessibility, as well as the region’s long history with industry and interest in economic development and diversification.
Fortescue has been in dialogue with the Municipality, and local and regional stakeholders, including Rana Development's project Venture North. Through this process Fortescue has identified two potential locations for the development of a green hydrogen and green ammonia production facility in Hemnes. Before selecting a site, due diligence and preliminary investigations, including geotechnical, environmental and initial engineering designs, will be undertaken.
For more information on current activities, please see the Hemnes Information Sheet.
The proposed Hemnes Green Hydrogen Project (the Hemnes Project) will utilise renewable energy to power an integrated green hydrogen and green ammonia process plant, complete with transmission infrastructure and port facilities, for the transport of these products to the Norwegian and European markets.
Fortescue has entered into a conditional long-term Power Purchase Agreement (PPA) with Statkraft, granting Fortescue access to hydropower assigned for industrial use from the NO4 power region. National
system operator Statnett has in cooperation with regional grid operator Linea
reserved 300MW capacity for the Hemnes Project. Press Release from Statnett (in Norwegian) dated January 2024.
It takes careful planning, time, resources, consultation and input from many people and organisations to help create a safe, responsible, and viable project. The project development process can be described as four phases:
Recognising the urgency to produce green energy and support global decarbonisation, Fortescue is targeting commencement of construction in 2026 with the start of Operations in 2028 with both being subject to internal and external approvals. These targeted timeframes may change depending on the time it takes to go through the regulatory approvals process as well as technical and commercial preparations and a final positive investment decision from the Fortescue Board.
Acknowledging the Project is still in its early phases, Fortescue will continue to evaluate the Project’s viability as it progresses. We intend to keep stakeholders, including local communities and businesses updated on the Project’s progress as information becomes available through studies, surveys, and community consultation.
Fortescue aims to build projects that have a long-term positive impact through contributing to the development of local, regional and national value chains for green industry that results in increased employment, business and training opportunities. We look forward to working with you to identify these opportunities as the Project progresses.
The Hemnes Project will produce green hydrogen and green ammonia. These products are created through two main processes:
When these processes are undertaken using renewable energy, such as hydropower, the processes themselves do not generate carbon emissions and the products can generally be referred to as green hydrogen and green ammonia. The green ammonia will then be stored in a refrigerated state and transported to the Norwegian and European markets by ship.
The production and distribution of green energy can contribute to creating a low-emission society, and it is also a step in the right direction to reducing greenhouse gas emissions globally.
More information on the green hydrogen and green ammonia production process, manufacturing and safety is available below.
Norway has great potential for green hydrogen and green ammonia production due to the availability of renewable energy, its skilled workforce, supportive political environment, and proximity to the European market. Working together with Norwegian and European partners, Fortescue hopes to contribute to the decarbonisation of hard to abate industries, such as shipping, given Norway’s strong maritime heritage.
Fortescue Norway is pursuing the proposed development of two major green hydrogen and green ammonia production facilities with the aim of providing green energy to Norwegian and European markets and contributing to the achievement of ambitious climate goals.
In addition to exploring opportunities in Hemnes Municipality, Fortescue has taken an early investment decision on the Holmaneset Project in Bremanger Municipality, Vestland County. Holmaneset – Green Ammonia Production to fill the gap in Europe’s energy supply has been recognised by the European Union (EU) as a tremendous opportunity to contribute to Europe’s mission to transition to a clean energy economy and secured an Innovation Fund grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA). Please visit the Holmaneset Project page for more information.
Download Project documents here. These will be updated as the Project progresses.
Hemnes Information Sheet – January 2024
Download these fact sheets for more information:
For further information, please contact us at Norway@Fortescue.com