TRIERES: Towards the development of a hydRogen valley demonstratIng applications in an intEgRated EcoSystem in Greece
Dates: 07/2023 – 04/2028
Funded by: European Commission, Horizon JU Innovation Actions, HORIZON-JTI-CLEANH2-2022-2
PI for FORTH: Georgios Tzagkarakis
Funding: total funding: € 10,492,431.25 , FORTH-ICS cost/ funding: € 118,750
Summary:
TRIĒRĒS is Greece’s first Hydrogen Valley brings together business, knowledge and regional interests. The TRIĒRĒS Valley starts as a
small scale Valley but has a tremendous upward perspective over a large part of the Balkans, South-Eastern Europe and the wider area of
Eastern Mediterranean. The Valley will be built around the nucleus of MOH’s Corinth Refinery complex. From a business perspective
the project has strong transeuropean interest as 80% of the refinery sales are generated outside of Greece, rendering it internationally
oriented by default. Creating and building a Valley using the refinery as Hydrogen generator accelerates the transition, with an annual
production of 2,410 tons of Green Hydrogen that will be utilised in the production of low and no Carbon footprint energy and industrial
products and will be injected in the natural gas grid creating a Hydrogen Backbone of full EU interest. High visibility actions in mobility
will include one (1) short-sea ferry ship, three (3) public transport buses, and at least (two) 2 cars. Knowledge and innovations are spurred
through the intensive collaboration with knowledge institutes and SME’s. The participation of the local and regional governments assures
the component of public acceptance, understanding and advocacy, generating interest to many parties supporting regional economic
growth. The learnings from HEAVENN and WIGA P&G Valleys will be replicated with the specific knowledge of the Greek and broader
connected geographies. TRIĒRĒS entails an investment of 115 mil EUR (initially by project partners) up to 408 million EUR (potential
direct/indirect leverage of investments). Several thousand people will be employed during the realisation of the valley project, which
will promote new skills development. The consortium partners are creating a true new perspective in the region, transitioning from a
traditional refinery complex to a state-of-the art future oriented energy and hydrogen ecosystem in the region.
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