CRETE AEGEAN H2 VALLEY

The Cretan-Aegean Hydrogen Valley is covering a defined geographical area in which hydrogen will serve energy storage and energy aggregation activities via reuse of energy stored to the grid through fuel cells as well as Green H2 Road Transport.

In the future Green Marine H2 Fuel applications, as well fuel for industry via its use in adjacent traditional power plant.

The CRAVE-H2 is a substantial financial investment and covers all necessary steps in the hydrogen value chain, from production (securing dedicated renewable electricity production from the 582 MW Aegean project) to subsequent high pressure storage & distribution to hydrogen filling station and potential other off-takers.

The Cretan-Aegean hydrogen valleys has started and has the full support of the regional authorities (partners) that pursue a ""hydrogen economy”.

CRAVE-H2 is necessary for piloting hydrogen market in Crete and Greece but also located in very pivotal location where leading partner EUNICE interconnects their 580 MW Aegean Wind Energy project and their new Greek - Egypt electricity transmission interconnection allowing for cheap African PV power to be introduced into the Greek electricity and hydrogen market.

The location of the main hydrogen production and the above connections is the port of Atherinolakkos which could allow future deployment of use of hydrogen as maritime fuel.

The main assets /scope of CRAVE - H2 are the integration of : •Alkaline Electrolyser: +3 MWel +500 tons/year H2 from DENORA•H2 compression and storage together with HRS: 1 ton •PEM Fuel Cell: 0.4 MWel from BALLARD •Employ Hydrogen buses by local company. •Re-use of water produced from the FC •Including all installation works and required AC/DC rectifier and DC/AC converters from EUNICE •LCA / LCC and study of other H2 uses in power plant, industry and maritime applications.