<b>Bijsluiter</b>. De hyperlink naar het originele document werkt niet meer. Daarom laat Woogle de tekst zien die in dat document stond. Deze tekst kan vreemde foutieve woorden of zinnen bevatten en de opmaak kan verdwenen of veranderd zijn. Dit komt door het zwartlakken van vertrouwelijke informatie of doordat de tekst niet digitaal beschikbaar was en dus ingescand en vervolgens via OCR weer ingelezen is. Voor het originele document, neem contact op met de Woo-contactpersoon van het bestuursorgaan.<br><br>====================================================================== Pagina 1 ======================================================================

<pre>13962094
         NortH,
         Pre-Feasibility Study
         Introduction, Scope and Approach
         By   DNV GL and TNO              DNV-GL
         Confidential
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<pre>13962094
     Content
     I.      Project Introduction
     II.     Pre-Feasibility Study
     1.     Offshore Wind
     2.     Electrolysis
     3.     Transport & Storage
    4.      Market
     5.     Business Case
     6.     Role of  H,/ OPERA
     NortH,                        2
                                     0930
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<pre>13962094
     l.    Project Introduction
    A consortium of      Gasunie, Groningen Seaports and Shell Nederland launched NortH,                 Hydrogen production     in Northern Netherlands
    The    NortH, project   will produce   green   hydrogen using renewable electricity generated        The north of the Netherlands is    well-positioned to become the centre of green      hydrogen
     by  a  mega offshore wind    farm, 3 to 4  gigawatts in 2030, contributing    to the objectives of  in the    Netherlands and    Northwest Europe. The project plan provides for            a  large
    the Dutch Climate Accord.          Additionally,   it has the ambition to grow to about 10           electrolyser  in the Eemshaven, where wind       energy is converted into green      hydrogen.
    gigawatts around 2040.                                                                               Green    hydrogen production from the NortH,          initially  in the Eemshaven     and later
                                                                                                         possibly also offshore,  is expected  to be around   800,000    tonnes per year   by 2040. This
    Green     Hydrogen                                                                                   would avoid about    seven   megatonnes of CO, per year. NortH, has the support of the
    Green     hydrogen, produced with renewable          sources   such  as  wind and solar energy, is
                                                                                                         province of Groningen and is looking for partners     to  expand the   consortium and realise
    central to the Dutch Climate Accord and the          European ‘Green Deal’.    At present,  industry this project.
     is already using large quantities   of  hydrogen,    but this mainly produced    from natural gas.
     Replacement with      green hydrogen contributes significantly      to the decarbonisation of the   Hydrogen Transport and Storage
     industry.                                                                                           Finally, a smart transport network in the Netherlands and Northwest Europe is required
                                                                                                         to deliver the  800,000  tonnes of green    hydrogen   to  mainly industry, and later possibly
    Offshore Wind Farms
                                                                                                         also to  consumers.  This could   save an  estimated   seven    megatonnes of CO2 emissions
     First of  all, NortH2 envisages the  construction of very     significant wind farms  in the North
                                                                                                         per year around 2040. In this   project, Gasunie’s natural   gas infrastructure   which is  now
                                                                                                                                                                                         —
    Sea, which       can gradually  grow to a    capacity of about 10 gigawatts. This would be
                                                                                                         mainly used for natural   gas and green gas
                                                                                                                                                      —
                                                                                                                                                        is also used for the storage and transport of
    sufficient to meet the current         electricity  consumption of      some   12.5  million Dutch
                                                                                                         hydrogen.
     households. Many wind turbines will need to be installed to enable this.
     NortH,
                                                                                                                                                                                                          0931
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<pre>13962094
     l.   Project Introduction |                            Next         Steps
     Project Pre-Feasibility
                                                                                                           Q1 2020  Project Pre-Feasibility
    The     project  started this year with the     on   12-02-2020 with      a   pre-feasibility study.
    Gasunie and Shell commissioned          respectively  DNV GL and TNO to           conduct the pre-
                                                                                                                    Project Announcement
    feasibility study from mid-February until mid-May       2020.
                                                                                                           Q22029   Results Pre-Feasibilit Y
     Project Announcement
    The     public     project   announcement     on  27-02-2020      is  the   start  of the    further                Co        |                oo
                                                                                                                    Decision  Making / Start Feasibility
    development of the multi-partner project            to form   a  broad coalition necessary for
     making     a  success   of this  large-scale project.  It is   also the    beginning of     various
       :                                              :                                     .
                                                                                                           Q4 2020  Results Feasibility
    discussions with the relevant European, national, regional and local authorities              on the
     regulatory and policy frameworks, enabling stable and positive             investment decisions.
                                                                                                                    Decision  Making
     NortH2's partners anticipate that the initial project          phases   may    potentially require                               / Start Project
     European and national subsidies available for the decarbonisation of          energy.
                                                                                                         2027-2030 Phase 1-2.  NortH,  in Operation
     Feasibility Study
    The     pre-feasibility will  provide  the terms of reference for further           analysis  in the           Phase 3. Scaling-up  in subsequent phases
    feasibility phase of the project.
                                                                                                              2050  Liquid Market for H,
     NortH,
                                                                                                                                                             0932
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<pre>13962094
     Il.    Pre-Feasibility Study | Project Objectives
                         To  provide the consortium within a project duration of 13 weeks
                                                       -                                     —
                                                                                                define and answer  key questions of the NortH,
          Objective
                         project from a (i) techno-economic and (ii) advocacy perspective.
                  Role of   Hydrogen |  an advocacy perspective                        Project Feasibility | a techno-economic perspective
       The   key questions   are:                                               The  key questions   are:
       1.    What is the role of  hydrogen   in the future energy system        1. What   are  the technical and economic   challenges
       2.    What  are the societal benefits of   starting the NortH,           2. What is the initial estimated  funding gap
             project now   in the Northern of the Netherlands.
       The   objective is to provide the consortium with a narrative            The  objective is to provide consortium with an insight on the
       document, legitimizing the need for a large-scale hydrogen               feasibility from a technology and economic angle for (i)
       development project. This document can be used to inform                 Offshore Wind (ii) Electrolyser (iii) Transport & Storage
       relevant public and private stakeholders.                                (iv) Market. The pre-feasibility study aims to deliver a business
                                                                                case model consolidating all technical, cost and revenue data.
     NortH,                                                                                                                                       5
                                                                                                                                                    0933
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<pre>13962094
     Il.    Pre-Feasibility Study | Project organisation [1/2]
     Project Team                                                                                             Way of working
    The   project  team is structured in 6 work-streams:                                                      The work stream leads have     responsibility for their own   scope and    deliverables, they      will
     1.   Offshore Wind            3.   Transport and Storage           5.   Business Case                    be  supported  and monitored    by  the overall project  managers:       JEEUOICIIEEE  ond     ELOY
     2.   Electrolysis             4,    Market                         6.   Role of Hydrogen                 WBE    An overview of the entire   project  team can  be found   on the next page.
     For each work-stream      a  team leader is selected from either DNV GL               or TNQ. Qverall
                                                                                                              Information Sharing
     project management will be provided by            DNV GL    supported by        TNO. For each work-
                                                                                                              DNV GL has made     a  Microsoft Teams    NortH, account available with       access  for all  project
    stream the consortium has nominated           counterparts from both Gasunie and Shell
                                                                                                              members and consortium members. All relevant            project documents         are available and
     Project Approach                                                                                         accessible  by all members. Please note that      only  work-stream leads have the            right  to
    The project team will work according to            a  pre-agreed       scope for each work stream,        alter or change documents. The information made available           on  this Team site is strictly
    consisting of {i) key questions (ii)     scope delineation    (iii) deliverables.   Secondly all work-    confidential and   can  only be shared between     team members.       Specific deliverables will
    streams will work with a consistent set of           project parameters        or Terms of Reference      be created and before external        publication approved by all involved parties. Details
     [ToR).  This input/assumption      document will be      managed by the “business case” work-            about intellectual property   rights will be formalized  in a “consortium      agreement” and/or
    stream. All    project members      are  required  to  provide input     to the   document, including     in the respective  contracts between DNV GL and Gasunie and Shell and TNO.
     but not limited to parameter,          unit, source,   location and      timing. The    consortium    is
                                                                                                              Meeting structure
     requested    to  review and approve all        project input/assumptions (ToR). Both project
                                                                                                              =
                                                                                                                 Work Sessions: Every Tuesday, location Shell     Technology   Centre Amsterdam         (STCA)
     paramters (ToR)    and scoping     document,    in Excel  format,     are  frequently  discussed with
                                                                                                              =
                                                                                                                 Work Stream Lead Status     Update: Weekly call   on  Monday    10.00   —
                                                                                                                                                                                            11.00
    the consortium and altered        as  necessary. All  project parameters will be provided         to the
                                                                                                              =
                                                                                                                 Project Progress Update: Weekly call       on  Monday     11.00- 12.00, incl.      update    hours
     best of the teams   ability and further details   can   be provided     in the feasibility stage.
                                                                                                                 spent on the project.
     NortH,
                                                                                                                                                                                                                      0934
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<pre>13962094
      Il.    Pre-Feasibility Study | Project organisation [2/2]
                                                                                                                                             Project Governance
                                                                                                         Project   Working g Grou P
             M       (ASUHE    —
                                       Steering  Committee       =  m=      HE  Ji
                                                                            groningen
                                                                                             on
                                                                                            GRONINGEN
                                                                                                             y
                                                  I
                                                                                                                                            (10)(2e) gis hell)
                                         :             ¢
                                                                                                                                               oe
                                     Project Working Group
                                        Core  Project    Team                                                                                 (fel gH od de][Tadll[F-]0))
                                                                                                          Project Management                    SE)           DNV)
         ——                    or     Pr plect M Management
                                                     n     men
         DNV-GL
                                                                                                                                           IEE
                                                  ||
    |                                      Work Streams
                                                   |
                                                                                                      |   1. Offshore Wind                      (10)(2e)        (TNO)
                                                                       3                                  2. Electrolysis                        (10)(2e)        (TNO)
              Offshore Wind                 Electrolysis
                                                                    ==
                                                                          Transport       &  Storage      3.              &
                                                                                                             Transport      Storage                  (10)(2e)
                     I                            I                                     I                 4. Market    Development                   (10)(2e)
                                               :
                                                                                                          5. Business Case                                               (DNV)
                  Market                   Business Case            —
                                                                                   Role of   H,
                                                                                                          6.
                                                                                                              Role  of H2                         SOIC             (TNO)
                                           Support team                                                                                          Support team
                                                                                                        All Work-Streams       are  supported by subject      matter      experts and are connected to
                            (Global)  Pool of  subject    matter  experts                               counterparts within Gasunie and Shell. A full            team overview and contact details
                                                                                                        can   be found    on  the NortH, project site.
      NortH,
                                                                                                                                                                                                       0935
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<pre>13962094
     Il.    Pre-Feasibility Study | Draft Project Schedule
                              Jan                      Feb                          Mar                                       Apr                                       May
                                 05         06       07       08   09 10       11          12       13       14        15       16       17       18           19    20      21 22
      Activity
                                                                 &         &                                                                                            |
      Meetings                  &                  A
                                                           '&                          L4       &                  '®       *         &                            ¢
                            Schiphol          Scoping   Weekly
                            Meeting           Workshop Meeting                                                     |
      1. Offshore Wind        Scoping                                     Inventory           Analysis                                          Reporting
      2. Electrolysis         Scoping                                     Inventory           EES                                               {=  eTela dll
      3. Transport            Sole] ellg}=4                               Inventory           Analysis                                          a{felolmn lal:
      4. Market               KYele]ella}=:                                        a";
                                                                          Nal'=laide]         EINE                                              2{=Telelmd al=
      5. Role of Hydrogen   [les ellyl=                                   Model prep.         Initial run                     Final runs & Reporting
      6. System Feasibility   |[SSEeTeli                                  \YileTe
                                                                               [Wel   =ToR    Initial run                     Final runs & Reporting
      Terms of Reference                                                 ToR basis            ToR   refining                  ToR frozen
                                                                                                                                                                        |
      Communication                                                                                           Draft narrative                   Final narrative         1
                                                                                                                                                                        M
                                                                                                                                                                       |[||
      Milestone
                                                                                                                                                                  15/05/2020
     NortH,
                                                                                                                                                                                   0936
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<pre>13962094
     Il.    Pre-Feasibility Study | Project Milestones
       Work Sessions Schedule
       Weekly face-to-face all day meeting on Tuesday, location Shell Amsterdam
       Every meeting has a key meeting topic to keep track of progress
                               Key meeting topic Goal of the  meeting                          Required presence*
          11     10-3-2020     |ToR              Base definition of variable                   ToR managers
          12     17-3-2020   | Narrative         Draft of narrative outline                    Communication   respresentatives
          13     24-3-2020     [Models           Status update  Models WP5 & WP6               WP5&6 supports from Consortium, DNV and TNO
          14     31-3-2020     |ToR              Update   Green  Lights                        ToR managers
          15     07-4-2020   | Workstreams       Workstream    update                          WP1-4 supports from  Consortium, DNV and TNO
          16     14-4-2020     |ToR              Confirmation of final ToR for Pre-Feasibility ToR managers
          17     21-4-2020   | Narrative         Evaluation of status Narrative                Communication   respresentatives
          18     28-4-2020   | Workstreams       Results discussion                            WP1-4  supports from Consortium, DNV and TNO
          19    06-5-2020*   | Models            Results discussion                            WP5&6 supports from Consortium, DNV and TNO
          20     12-5-2020   | Narrative         Finalization Narrative and documentation      Communication   representatives
       *
          besides team leads
       *
          proposed date, tbc
     NortH,
                                                                                                                                            0937
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<pre>13962094
     Project Scope & Approach | per Work Stream
</pre>

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<pre>13962094
     1. Offshore wind                       [IEKEER
                         Conceptual choice H2 production in WT/centralised in the OWF (see 5)
                        Technical maturity of the supply chain readiness / risk assessment
                         Upscaling effects now, 10 —12 MW, in 2030 15 MW wind turbine, main component cost
                         OWF power density <=> Rotor power density <=> OWF capacity factor <=> wind resources
                         OWTF capacity in relation to H2 production capacity, base load, peak load
                         Literature review of past studies
                         Cost model         adaptions            to take a simple model of the hydrogen production facilities            into account.
                         Perform sensitivity analysis with respect to size of wind turbine / wind farm and ratio of nominal power                       electrolysers and
                         nominal power of the wind farm
             prep ————                                                                 ARE        ge     SEE    ett              a                a
                                                                              gee          SE        Hea
                            pC                    SI    i  SESE
                         Connections to offshore contractors, Van                    Oord, DEME,            Jan de Nul   (maturity of supply chain) (?)
                         Connection to wind turbine OEM's                     (7)
                       mm mm  mm
                                  EEN EE EE Sm Em Em Em Em me mm      mm
                                                                                     JE    HD I
                                                                                                SE   SS      Sn
                                                                                                                 ———————   EE
                                                                                                                                    rl le  a a   RR
                         Input to ToR
                         Memo’s and/or pptx containing the                     description and results of the analysis
       Deliverables
     NortH,                                                                                                                                                               11
                                                                                                                                                                             0939
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<pre>13962094
     2.        Electrolysis            [ERED
                                     What is state of the art in  Alkaline, PEM, SOEC electrolysis {and potential alternatives)?
                                     What   are the expected CAPEX cost (curves) for water electrolysis systems for both on-shore and off-shore for the                near  and mid-
                                     term future
                                     What   challenges need to be addressed for scale-up and operating off-shore?
                                     Impact of flexible operation on overall efficiency and cost of hydrogen
                                     Impact of innovation, product and manufacturing standardization and supply              chain     development    on cost down
     Pp
           ———————————————         I        I   I   CE
                                                              ———————— eee ———
                                                                               TER   ESE
                                                                                               ete ta tm  Re
                                     Literature review of relevant international studies       on  key aspects (cost, barriers, etc)     and internal relevant (public domain data
                                     from) projects including   data  consistency.
                                     Identification of key cost factors (current cost, cost down-potential) for all selected types of electrolysers and analysis of cost
                                     down potential for main cost factors (per type)
                                     Supply chain analysis (incl. interviews with key industries) and innovation to assess impact of mature supply chain and innovation
                                     potential (synthesis literature, internal analysis, interviews)
                                                                                                                                            C—O                          Nn,
     or Em Em mr Em EE — ——— ——————————————        i      ——— ——————         i         —— —————— Tm             i         ———————
                                                                                                                                                                                 [fm
                                     Internal DNV experts supported by TNO
                                     Interviews with Industry Clusters, Groningen         Seaports, VEMW,    Burner  Manufacturers,        Gasunie Deutschland
                                                                                                   SC
                                                                                                               ——————————— UE UNS UI A SS I
                                     Dataset of estimates current & future cost and efficiencies for different        types of electrolyser systems for      use in feasibility model
                                     State-of-the art description electrolysis     (Alkaline, PEM, SOEC), including    “new kids      on  the block” and main gaps to
                                     implementation    (Memo)
         Deliverables
                                     Risks: analysis of the main technological risks in implementation, scale-up and off-shore operation (Memo).
                                     Driving down cost: review of potential to reduce cost by developing a mature supply chain, standardisation of products and
                                     manufacturing at OEMs to and scale up and innovation (Memo)
     NortH,                                                                                                                                                                           12
                                                                                                                                                                                         0940
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<pre>13962094
     3.       Transport & Storage [KREEN
                                                     Routing options for connecting industry clusters (retrofitting, new) and timing
                                                    Capacity requirements and constraints (pressures, specs)
               What/
                                                     Flexibility requirements and potential (linepack and underground storage)
                    Key                             Technical options (process) safety       —
           questions                                Cost estimates (retrofitting, new build)
                                                    Out of scope: mixing H2/NG and distribution
                                                     In close                cooperation with Hydrogen Backbone Team of Gasunie describe:
                                                                  =
                                                                              |dentify phasing of connection of clusters (routing)
                                                                  »
                                                                              |dentify capacity and compressor need
                                                                  =
                                                                              Collect/estimate costs: EUR/km pipeline (retrofit, new) + compressor stations + underground storages
                                                     Flexibility needs in cooperation with work package Offshore Wind/Electrolyser and Market via joint working sessions.
                                                    Calculate flexibility potential via linepack capacity of pipeline and typical storage capacity of salt caverns
     —
       ee am Em Em   EE
                        Em EE
                              Ea  EE ES
                                         EE EE EE
                                                  SE Em ERE Em Mmm Emm Em Emm Emm mmm mn RR RR A
                                                                                                 AE SN SN SEN ME Em mn mm mn
                                                                                                                             mn mn EN EN EEN ES EEN EEN EE EE SEN Em em em Mm mm Ee
                                                                                                                                                                                    EE EE EE EE EE Em EE
                                                                                                                                                                                                         Em AE SS ER Am Em Em Em Em
                                                                                                                                                                                                                                    EE ——
                                                                                                                                                                                                                                           -— EE
                                                                                                                                                                                                                                                 Ee EE EE — mm mm me Ee
                                                                                                                                                                                                                                                                               — —
                                             Cooperation with:
              [20s [VINA 3Y                         Gasunie/EnergyStock
                                                     NAM
                                                                                                                                                                                                                                                                     — ———————
                                                                                                                                                                                                                                          C—O
     ——   ———      i  ————    i  ——  — —    oo    oo    SB                               —————
                                                                                               ————_—————————————                                       i               —————     ——————           a         ——————————
                                                    Input for feasibility model based, verified using earlier studies:
          Deliverable
                                                                 *
                                                                              Routing and its timing
                                                                  *
                                                                              Cost numbers for                pipelines
                                                                  =
                                                                              Excel model for           flexibility available from the transport and storage system
                                                    Memo                 on transport and storage and input for the narrative.
     NortH,                                                                                                                                                                                                                                                                     13
                                                                                                                                                                                                                                                                                   0941
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<pre>13962094
    4. Market       |   vi)
                          Setting    up     a    database with                    existing and potential (current NG) H2 customers in NL and DE (potentially in phase 2?) capturing:
                                =
                                       Segment, Volume, Capacity, Load Profile, Pressure, Technical Specifications
                          Expand      database                with new H2 customers (e.g. conversion of H2 into bio fuels) (potentially in phase 27?)
                          Determining premium H2 markets (incorporating the value of certificates and ETS rights) and pricing scenario’s
                          Description of potential switching scenario’s including technical challenges/risks and key policy drivers
                          Validating the fit between the switching scenario’s and the role of hydrogen in the energy market (OPERA)
                          Enabling the generation of a market penetration strategy that will be input for the Business Case Model
                                                                                                                                                                                                                                                                                            mm
                                                                        Ee               EE   EI EN MEE EE Em EE EE Em Em Em Em Me RE    Ee          Ee                                 WS EEE SE EE EES EEE EE EEN EN      Em Em     Em       me   em         SEER AR AS ER ER Am ER Em Em     oem mom oTm em oemoemoEmoEmoemoEm oem
                                                                                                                                                              Ee                 A
                                                                                                                                                                                                                       ME         Em      nm             em ee
                                                                               EE    SE     A                                         Ee      ee        ee
                      — a Em        i        ——          EE                 SE
                          Collecting of existing internal market research and harmonize data into one database
                          Desk research to find and add potential new customers to database (mainly press releases; purchasing data)
                          Identify gaps in the database and determine best ways to fill in blank spots (interviews, desk research etc.)
                          Extract or assume load profiles based on existing gas consumption profiles (source data GTS data / Shell customers thd)
                          Interview internal DNV technical experts and summarize findings
                          Design interface and methodology to other work streams to adapt to different system configurations (build “Market” module)
                                                                                                                                                                                                                                                                                em
                              en en                Ee       ea ee                 EE     Mm                      me                         ee ee Ee me ee me me me we med EEN EE EE EE EE EE EE EE Em em mm mm mm me mm em me em me     EE Em Ee     Em               Em em             Sem me mee JE ED ER Em ED Em Em mmm mm
                                                                                                                                                                                                                                     EE           EEE     EE   ee
                                                                        EE            Me    me     A    em          ER      SR     A  A EE
                      — i   a       EE EE    EE       Ee
                          Internal DNV experts supported by TNO
                          Interviews with Industry Clusters, Groningen Seaports, VEMW, Burner Manufacturers, Gasunie Deutschland
                      —   mm  mm       EE
                                          EE EE SS Em Em Em me me me Se    Se  Se     mm
                                                                                         Se   mm                    a                                                                                                                            Semana                                                         PEE
                          Overview of            existing and potential                           H2 customers                         (Excel file)
                          Regularly updated “Market” PowerPoint Presentation with the following sections:
       Deliverables                    Market Development, Technical challenges, Premium Markets, Policy Enablers, Market
                                =
                                                                                                                                                                                                                                                     Penetration         Strategy, Validation
                                       OPERA
     NortH,                                                                                                                                                                                                                                                                                                                     14
                                                                                                                                                                                                                                                                                                                                      0942
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<pre>13962094
     5. Business Case           IEEE
                        Set-up an integrated business case model (H2GH WING) consisting of multiple modules: Wind Farm & Offshore Facilities,
                         Electrolyser, Hydrogen Transport & Storage, Markets (including by-products and grid services; potentially phase 2), Avoided Costs
                         Enabling the modelling of different value chain configurations and phasing over the project time horizon
                         Providing insight into the interaction between different individual components over the project horizon and the impact on the
                        overall project economics
                        Generate the following financial metrics: CAPEX, OPEX, ABEX, NPV, APV, P/I, IRR, PT and provide the relevant energy flows
                         Per case show tornado charts to demonstrate the effect of the most important variables on the project robustness
                         Each workstream             provides        a    dedicated                   dynamic model with the relevant input parameters that                                                                                        can be incorporated into the
                         H2GH WING model
                         Establish in cooperation with the overall project team the relevant system design configurations
                         Define and document a base case (eg. current connection to the E-grid) against which all other cases                                                                                                                           can  be benchmarked   (delta
                        cashflow   economics)
                        Generate base           case   and     high/low future price                                 scenario for                     electricity and natural gas
                         Regularly present           and discuss the model outcomes with                                                        the project team and process feedback into the                                                              model
                                                                                                                                                                                                                                                               === ===
                                                                                                                                                                                                                                                EEE EEE    mmm
                    —
                      mm mm a mm  mE
                                     mm mm mm mm mm mm mm
                                                          mm A
                                                                EE Mm mmm mmm mmm mmm mm mmm mm Se Ea  Ma
                                                                                                          Mm Me Sm Se Se ee mmm mm me mn me mn me oe HE EE EE BEN BES BIN EEN EEN MEN BT TTR TE Mm mm mm mm mm mn mm ES
                                                                                                                                                                                                                        Em Em em em em em em aS
                         Internal DNV experts supported by TNO
                         Potential interviews with Tennet, Ministry of Economic                                                              Affairs, Shell                        to      gain         more         detailed             insights
                                                                              CS                                                                          I pp                                   —— J SRP                            eR                 at i            a
                        Open Book Integrated Business Case Model “H2GH WING” (Excel file)
                         PowerPoint Presentation summarizing outcomes and main findings
       Deliverables
                         Documentation Manual for “H2GH WING” model
     NortH,                                                                                                                                                                                                                                                                          15
                                                                                                                                                                                                                                                                                        0943
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<pre>13962094
     5. Business Case Model [IRS
                  General Assumptions
            8
             ce
            fran]
                  WEEE    le T-Tr- de]  Ml | [sTs [°15
             [1]
             Bem
             p=
            ho
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             =
             =)
            LH
                  —             To     Ta) 4)
                  ne        System Design
                                                             v
                  ha
                                                       Time Series
                  ast
                  I
                  WEEN         Asset Life
                                                        Energy Flows
                  IEE          Efficiency
                  session
                        Electricity  Production
                          Electricity    Market
                                                          Revenues
     NortH,                                                          16
                                                                        0944
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<pre>13962094
     6. Role of                              H,/ OPERA
                                                  =
                                                              What will be the effect of                                              large       cost         reductions for the               production of hydrogen (offshore wind                                  &  electrolysis)
                                                  =
                                                              What will be the                                 impact              on   the        electricity                market of 3-4 GW additional wind offshore with and without additional                                           electrolysis? (Related
               What            /
                                                              to    Question 2 of Gasunie)
                    Key                                       How do the cost of
                           :
                                                  =
                                                                                                                       hydrogen relate to alternatives in the industry in 20307 (Related to Question 3 of Gasunie)
           questions                              =
                                                              Why          do     we         have to                   starting with large scale (few GW) electrolysis now? (Related to Q 4 & 5 of Gasunie)
                                                  =
                                                              Why          do     we         have to do this in the Northern part of the Dutch part of the North Sea? (Q6 of Gasunie)
                                                                                                                                                                                                                                                                             —— mm     —— —— mo      —— —— — — — — —
                                                                                                                                                                                                                       A     =    =        mm        mmm
       em mm mm mm mm mm                     Em     me mm mm mem mm mm em   mm EEN EEN EN MEN EEN EEN EEN MEN EEN EER ee mem me em      em mm EE ME Em mm mm mmm mm mm mm me Se Ee                em me em ee ee ee ee                  em    em em            Em_——————————
                                                                                                                                                                                   Ee ee Em me ee
                                                                                                                                    me
     —                   EE    EE               A
                                                  =
                                                              Summarizing the three currently existing                                                                      scenarios that have                 recently been investigated using OPERA
                                                  =
                                                              Literature survey on other studies that have investigated the role of hydrogen for NL
                                                  =
                                                              Scenario development or selection of existing scenarios, as well as selecting key parameters, in consultation with the other
                                                              teams/work streams.
                                                  =
                                                              Alternatives for the industry in 2030 need to be defined
                                                  "=
                                                              OPERA analyses NL: scenario analyses and what if analyses for 2030, 2040 and 2050 for NL only
                                                  =
                                                              A comparison will be made between the two geographical variants (North and West) with OPERA
                                                                                                                                                                                                                                                                                     1 ——
                                                                                                                                                                                                                                                                                |
     et                         i   ]— o—           Joma. ot. om}          nn,                                          SB)                            es                                         os Yo, WW"                                         mn, "om" "mm"   "mm"  nm",   —"
                                                                                                                                                                                                                         | Sp"   —— _ —  mm:
                                                                                                                  A             Rn  a   fe  ee   ee            SC,                     ro
                  ——     —  A —   —       on    oo                Sp   i           oS     a
                                                  =
                                                              Memo, with                        answers                      to the      following questions
                                                                         =
                                                                                   What is the impact of additional wind offshore and electrolysis in 2030                                                                                  on      the      electricity market and       energy system?
                                                                         =
                                                                                   How do the cost of hydrogen relate to alternatives in industry in 20307?
         Deliverable                                                     "=
                                                                                   |sthere                   a     benefit in starting with a large scale roll out of                                                     electrolysis using wind from                the Northern part of the North Sea
                                                                                   as      compared to the Western part of the North Sea?
     NortH,                                                                                                                                                                                                                                                                                                       17
                                                                                                                                                                                                                                                                                                                     0945
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<pre>13962094
     6. OPERA Model                      JERE
            Integral  energy system analysis of the
         *
            Netherlands. Possibility to apply for
            other countries.                                                Results meet reduction
                                                                                      goal of -95%
         *
            Optimizes the mix of technology options
            that give lowest system costs, given:
                 =
                      System requirements: energy
                      service demand per sector
                 =
                      Policy targets (GHG, RES,
                      savings)
                 »
                      Potentials/ availability of
                      options
                 "EC,
         »
            Coverage of full  GHG balance:    CO2,non-
            CO2 and non-energy emissions
         *
            High time-resolution    to properly  cover
            VRES, flexibility and storage
         =
            ~500   technologies: Production    —
                                                       Today 2030 2040 2050
            Conversion Transport Storage
                         —             —          —
            Demand
     NortH,                                                                                        18
                                                                                                      0946
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<pre>13962094</pre>

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