bp's Investment in Lingen Green Hydrogen: A Step Towards Germany's Sustainable Future
Key Ideas
- bp has made a final investment decision to construct a 100MW green hydrogen plant at its refinery in Lingen, Germany, with the potential to produce 11,000 tonnes of green hydrogen annually.
- The project is supported by funding from the Important Projects of Common European Interest (IPCEI) programme and will be connected to Germany's extensive hydrogen core network.
- Renewable energy from an offshore wind power purchase agreement will power the plant's electrolysers, with construction set to begin in 2025 and completion aimed for 2027.
- The initiative, part of bp's strategic approach to hydrogen investments, highlights the company's commitment to the hydrogen economy and transitioning towards low-emission energy solutions.
bp has announced its final investment decision to establish a 100MW green hydrogen plant at the Lingen refinery in Germany. This project, backed by funding from the Important Projects of Common European Interest (IPCEI) programme, is a significant step towards promoting sustainable energy practices. The plant is anticipated to have the capacity to produce up to 11,000 tonnes of green hydrogen annually, catering to both bp's refineries and other industrial clients in the region. Furthermore, it will be linked to Germany's extensive 9,040km hydrogen core network, enhancing the distribution of hydrogen infrastructure. To ensure renewable energy sources power the plant, bp has secured an offshore wind power purchase agreement. Construction is slated to commence in 2025, with a target for operational commencement in 2027. The CEO of bp Europa, Patrick Wendeler, expressed enthusiasm for the venture, citing it as beneficial for both bp and the progression of the hydrogen economy in Germany. While bp had redirected its focus from 18 early-stage hydrogen projects to prioritize higher return initiatives, government support played a pivotal role in advancing the Lingen Green Hydrogen project. The backing received through the IPCEI Hy2Infra programme, including support from Germany's federal government and the State of Lower-Saxony, underscores collaborative efforts to propel sustainable initiatives. Felipe Arbelaez, bp's hydrogen and CCS Senior Vice President, emphasized the significance of partnerships between private entities and governments in accelerating the transition to a lower-emission hydrogen future. Ultimately, the Lingen Green Hydrogen project stands as a testament to bp's commitment to sustainable practices, decarbonization, and fostering regional value through innovative energy solutions.