Fortescue’s Holmaneset green project gains ground

Fortescue Future Industries (FFI), a global green energy company, has advanced its Holmaneset project in Norway to the next phase, providing potential for the development of a 300 MW green hydrogen and green ammonia facility and supporting infrastructure.

In partnership with local Norwegian consultants, and in consultation with the Bremanger Municipality, FFI completed a scoping study to identify potential locations for the development of green energy and port facilities, and the Holmaneset project site was identified as one of them.

Currently, in the early feasibility phase, FFI is conducting several environmental and social studies to assess the project’s viability.

To note, the company is developing the project concept in line with Norwegian regulations, FFI’s environmental and social policies and values, and international good practice.

According to FFI, the project has already commenced the zoning plan process, which will be undertaken in cooperation with the municipality. It will include a series of investigations, including an environmental impact assessment, and provide several opportunities for stakeholders to interact and formally comment on the zoning plan documentation.

FFI said that consideration has been given to a range of factors to help position the project for success, including existing grid and power capacity, proximity to existing infrastructure, land availability, water sources, topography, and the local environment and surrounding communities.

FFI CEO Mark Hutchinson said that Norway has significant potential to lead the way for green hydrogen and green ammonia production based on the availability of renewable energy, proximity to the European market, and skilled workforce.

“The development of green hydrogen and green ammonia provides opportunities for Norway to achieve its ambitious goals to reduce European greenhouse emissions and become a leader in the transition to a low carbon society.”

Bremanger Municipality Mayor Anne Kristin Førde welcomed the progression of the project and said that while still in its early phases, the municipality intends to keep stakeholders, including local communities and businesses, updated on progress throughout the project phases as more information becomes available.

“Local Norwegian consultants will support this process and FFI will engage stakeholders throughout to help provide transparency and to understand and consider community interests in project designs and decision-making processes.”

FFI is working on various green projects across the world.

Recently, it partnered up with the energy technology company Baker Hughes to work on the decarbonisation of hard-to-abate industries.

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