Unlock new business with PtX
At Hydrogen Valley, we specialize in steering RE developers towards a future that embraces innovation and diversification. The evolving energy landscape presents an enticing opportunity for companies to expand their business model into the realm of Power-to-X (PtX) technologies. By venturing into PtX, your enterprise can play a pivotal role in the global transition towards a carbon-neutral economy while unlocking new growth.
The intermittent nature of renewable energy sources like wind and solar can lead to energy curtailment during periods of low demand or grid congestion. PtX technologies offer a robust solution by converting excess electricity into other energy forms such as hydrogen, ammonia, methanol, or other synthetic fuels, thus mitigating curtailment risks and ensuring optimal utilization of generated energy.
PtX opens doors to various value-adding solutions. The converted energy can be stored or utilized in various sectors including heavy transport and industrial processes. This diversification not only enhances the revenue streams but also contributes to the resilience and sustainability of your business model.
At Hydrogen Valley, we provide strategic advisory that empowers renewable energy project developers to seamlessly transition into the PtX domain. Our advisory services are designed to navigate the technical, regulatory, and market dynamics of PtX, ensuring a well-informed and effective expansion of your business model.
Renewables to PtX
Renewables to PtX
– We help you uncover and calculate the value creation potential by combining VE, hydrogen and PTX enabling you to:
- Optimize the value of RE production – especially in periods of low electricity prices
- Secure income potential from hydrogen and PtX production – including flexibility services
- Benefit from hydrogen’s potential as dynamic storage
- Obtain export income from hydrogen production, optimal location in relation to piped hydrogen infrastructure
– We suggest concrete actions on how you can obtain profits and optimize your project development
Let’s Collaborate
We help partners accelerate their green transitions.
Our vast knowhow tap into the main trends in the green transition, including the potentials around solar and wind energies coupling with applications in circular eco-systems. We collaborate with renewables suppliers in both funded projects as innovation partner or as a trusted consultancy partner.
Pre-development
- Site options discovery and assessments
- Technology and application assessments
- Concept options / Plant design overview
- Pre-feasibility study / viability assessment
- Market analysis regulatory overview
- Funding options overview
- Early stage project ideation and outreach
Project Structuring
- Site selection, permission overview
- Technology selection and supplier shortlisting
- Shortlisting of 3. party engineering companies
- Business case modelling & optimization
- Offtaker identification & initial discussions
- Funding strategy, consortium gathering
- Outreach/communication consortium partners
Development
- Permissions and approvals application support
- Supplier negotiation benchmark and selection
- Support FEED dialogue as “owners engineer”
- Preparation of “bankable” business case for FID
- Support offtaker negotiations
- Funding application support
- PR and communication, local community dialogue
Implementation
- Support implementation and commissioning
- Support supplier dialogue as “owners engineer”
- Support implementation as “owners engineer”
- Contract/budget progress support during implementation
- Support offtaker dialogue
- Reporting and communication (funded projects)
- PR and communication project implementation progress
Operation
- Considering next phase project extension
- Service and maintenance optimization
- Technical asset optimization
- Value and revenue optimization
- New offtakers/customer opportunities
- Reporting and communication (funded projects)
- PR and communication, project impact and benefits
Project Coordination / Management
In Project Management, we are your experienced, trusted and unbiased partner taking the process smoothly from A-Z.