US midstream company Zenith Energy and Irish green energy firm EI-H2 are to form a joint venture (JV) to develop a 3.2 GW green energy facility at Zenith’s Bantry Bay Terminal in County Cork, Ireland.
In the first phase of the project, the JV partners will construct a scalable green hydrogen production facility, up to 2.7 GW in capacity. In the second phase, they will build a 500MW green ammonia facility, which will use the green hydrogen from the first phase. It will be used domestically and exported, and has the potential to reduce Irish carbon emissions by 2.4 million tpa, the equivalent emissions of 25% of all homes in Ireland.
Bantry Bay was chosen as the ideal site as a result of its proximity to productive offshore wind power generation sites. The facility will be one of the largest of its kind in the world and the partners say that it will ‘see Ireland secure a place as a global leader in the generation and export of green energy’. Zenith and EI-H2 will carry out a year-long feasibility study before they apply for planning permission. They hope that the facility will be operational by 2028, when enough offshore wind energy should be available to power it.
‘This partnership is an excellent opportunity for our Bantry operations, for the local community and for Ireland as a country. For many years now, our Whiddy Island operation has supported the security of Ireland’s energy supply. This new joint venture will see Zenith Energy take a pioneering role in the development of a new green energy industry for Ireland. Critically, our green hydrogen and green ammonia production plans align with government and EU policy for meeting the region’s 2050 climate action goals,’ says Ellen Ruhotas, managing director of Zenith Energy.