Abraxas Power Corp. and French energy giant EDF Group have announced the companies will collaborate on development of a 3-GW power-to-X (P2X) project in Newfoundland, Canada. Abraxas and EDF on Nov. 18 said the project would use wind energy to power electrolyzers and produce green hydrogen and ammonia, with output of as much as 200,000 tonnes of green hydrogen annually.
The partners on Monday said they hope for a final investment decision on the Exploits Valley Renewable Energy Corp. (EVREC) project in 2026. The companies said that the EVREC installation also would produce as much as 1 million tonnes of green ammonia each year in addition to the carbon-free hydrogen production.
The companies plan to export the hydrogen and ammonia to other global markets. Officials with Abraxas, based in Toronto, Ontario, in September of this year said export would be primarily to Western Europe. Construction is scheduled from 2026 to 2030.
EVREC is a green energy project development group “with goals aligned to those of the Canadian Government to set the country on a path to meet climate change goals of net-zero greenhouse gas emissions by 2050,” according to the company.
The government of Newfoundland and Labrador in 2023 awarded EVREC the exclusive contract to redevelop about 74,000 acres of government-owned land in Central Newfoundland for the project. The project represents an investment of about 12 billion CAD ($8.5 billion).
Jaak