Statoil, Vattenfall and Gasunie have signed a Memorandum of Understanding to evaluate the possibilities of the conversion of one of the three Magnum units.
They are also exploring whether the proposed plant – expected to cut emissions by four million tons a year – could be combined with carbon capture and storage (CCS).
The Magnum gas power plant has three combined cycle gas turbines (CCGT), with a capacity of 44MW each.
One CCGT unit emits around 1.3 million tons of CO2 per year.
Irene Rummelhoff, Executive Vice President for New Energy Solutions at Statoil said: “We are still in an early phase and like all pioneer projects, there are uncertainties that need to be addressed. But the potential CO2 emission reduction is significant.
“As the upstream facilities required to reform natural gas into hydrogen need to be large scale, there is a significant scope for economy of scale by introduction additional markets to the energy system.”