Kap. 10: Value Chains

• economy of scale (when the volume goes up -> costs go down) First of all – the consumers need toknow that hydrogen will beavailable! But also - develop production ofhydrogen and end-users inparallell

• require zero emission in public procurements

• development funding

• first movers (Seeing is believing• Someone must be first)

• available risk capital

• contract for difference (competetive prise for H2)

• access to hydrogen, and more

Fritidbot

Rørvik Pilot E application – hydrogen work boats for aquaculture

-> Hydrogen production, storage and bunkering plant forhydrogen powered fishing boat

Heidelberg Cement & Felleskjøpet Agri –GreenBulk – Q1 2025

• Transport of rock and grain betweeneast and west in southern Norway

ENOVA Hydrogen Hubs – Maritime H2

• • Greenstat involved in 3 out of 5

  ENOVA Hydrogen Hubs

  • Focus on H2 for maritime

  transportation

  • Production rate: 8 t/day

  • Timeline:

  • ENOVA Award : June 2022

  • FID : latest by Dec 2023→ Dec

  2025

  • In operation : latest June 2025

Glomfjord Hydrogen AS

• • Greenstat, NEL and Meløy Energy

  founded in 2016

  • ENOVA awarded NOKm 150 in June 2022

  • FID ENOVA project expected in

  December 2023

  • Member of Arctic Hydrogen Corridor

  • Greenstat largest owner

  • 40% working interest

  • NEL, Meløy Energi and Troms Kraft

  partners

Rørvik Hydrogen Hub

• • ENOVA Awarded NOKm 127.6 in June

  2022

  • RHH company founded in Jan 2023

  • LOI to H2B2 / Hystar awarded for H2

  plant in April 2023

  • FID expected in December 2023

Hydrogen Hub Agder

• • June 2022 – ENOVA awarded

  NOKm 148

  • Long-term land lease signed with Elkem

  in February 2023

  • Required approval requests completed in

  Q2 2023

  • Oxygen pipeline to Glencore concept

  study completed in June 2023

  • FID expected in Q3 2023