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Green Energy Park Krk set to become the gateway for renewable energy import into Central Europe

During Gastech 2023 in Singapore, the Green Energy Park located on the Croatian island of Krk was introduced by hydrogen experts and industry leaders Bart Biebuyck, Tobias Puklavec, Mindaugas Zakaras and Mario Reinisch.

Its objective is to source and import 10 million tons of renewable ammonia per year, becoming the gateway for renewable energy import into Central Europe. The roadmap includes investments of over 0,5 billion euros with the start of operations planned for mid-2027.

Renewable ammonia, sourced from more than six different locations around the world, will be stored and distributed from Krk. The 153-hectare freehold property has direct access to a deepwater seaport and on-site ammonia storage facilities and is built around brand-new infrastructure.

The staged development program will start ammonia trading through on-site bunker vessels, operating as a storage hub, until the completion of the first 100,000 cubic metres of purpose-built ammonia storage tank expected for mid-2027.

At the completion of this development program, Green Energy Park Krk will be able to supply the industrial heartlands of Northern Italy, Southern Germany and surrounding regions, with the equivalent of about 1,8 million tons of hydrogen per year. This is nearly 18 per cent of the European Union’s official import target of 10 million tons of hydrogen by 2030.

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