PV1 8.00% 2.3¢ provaris energy ltd

Forgot to add- nasty is not nice or needed. Especially for the...

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    Forgot to add- nasty is not nice or needed. Especially for the few types that are without showing why or where their arguments or statements fit

    Ignore fits for me
    Thanks for all the fish!

    Back to the important parts.

    "The publications identify global production of Green Hydrogen in 2023 projected to range from EUR
    95 to 110/MWh (EUR 3.17 to 3.67/kg) with the most favorable production areas identified as Brazil
    and Australia.
    • The addition of conversion, marine transport and reconversion costs required by alternative vectors
    to deliver green hydrogen to Europe increase the projected a cost range from EUR 6 to 7/kg for
    Ammonia (NH3), Liquefaction (LH2), and Methanol (MeOH), and EUR 7 to 9/kg for liquid organics.
    • Costs for green gaseous hydrogen delivered by proposed pipelines from Norway, Iberia, Northern
    Africa and Eastern Europe delivered into mid-Germany projected at a cost range from EUR 4.8 to
    5.8/kg.
    • Provaris’ projected costs for green hydrogen produced from grid connected sites in Norway and
    transported as compressed gaseous hydrogen into the H2 pipeline grid system in Germany can range
    from EU 4.90 to 5.90/kg, on a comparative levelized cost of hydrogen basis. This includes renewable
    PPA, H2 production, compression, shipping, unloading and pipeline fees into German"

    It was not my work in any way whatsoever Grumpy missed "Recent independent research studies reinforce the outcomes" from the announcement possibly.

    It also had "These in-depth studies also highlight promising market demand and the cost-competitiveness of exporting green,
    compressed hydrogen from Norway to the EU. It is noteworthy that the EU's Renewable Energy Directive explicitly
    necessitates that 42% of industrial hydrogen must be green by 2030, with a goal of reaching 60% by 2035.
    Additionally, the directive underscores that 1% of all fuels used in 2030 must be Renewable Fuels of Non-Biological
    Origin."

    A bit deeper ? "The Agora Industrie and TU Hamburg (2023) study was supported by the Federal Ministry for
    Economic Affairs and Climate Action. The study presents the full value chain costs for delivery of green
    hydrogen (in gaseous form) into the hydrogen backbone in Wilhelmshaven, Germany. The study has evaluated
    commonly recognised maritime transport vectors from a fixed sailing distance to cover what can be considered as
    favorable green hydrogen producton sites (e.g. Brazil and the Middle East). The study covers CAPEX and OPEX for
    all indivual components of the value chain, as well as energy supply costs and other costs (such as port fees). The
    supply chain is ex-electrolyser (at production side), and thus no variability in H2 production costs by region, through
    to injection into hydrogen pipeline in Wilhelmshaven. It further considers gaseous hydrogen supply via pipeline
    from Norway.
    Key findings include:
    • Liquid Hydrogen (LH2) transport costs approximately EUR 6/kg H2, affected by LH2 carrier investments and
    liquefaction expenses.
    • Methanol transport costs slightly more at EUR 6.2/kg H2, increasing to around EUR 7/kg H2 for CO2 Direct
    Air Capture projects.
    • Ammonia transport costs around EUR 7/kg H2, incurring higher losses in conversion and re-conversion
    stages.
    • Gaseous H2 from Norway costs EUR 4.8 to 5.7/kg H2 for short pipeline distances"

    My view is it is positive news and reports for our shares in our company. No need to give any apologies for to any one for that.






 
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