TotalEnergies Partners with RWE to Drive Green Hydrogen Production in the Netherlands
Key Ideas
- TotalEnergies acquires a 50% stake in the OranjeWind offshore wind farm in the Netherlands to supply green hydrogen for its European refineries, aiming to cut CO₂ emissions by 5 million tons per year by 2030.
- The project involves the development of electrolyzers that will produce 40,000 tons per year of green hydrogen, helping to replace the current hydrogen consumption in TotalEnergies' refineries and prevent the emission of 400,000 tons of CO₂ annually.
- OranjeWind is an innovative offshore wind project that will not only produce green power and hydrogen but also support the stability of the Dutch grid with electric boilers and battery storage, with construction starting in 2026 and full commissioning expected in early 2028.
- The partnership between TotalEnergies and RWE signifies a significant step towards the energy transition in Europe, showcasing the integration of offshore wind power and green hydrogen electrolyzers to drive decarbonization efforts.
TotalEnergies has signed agreements with German renewable developer RWE to acquire a 50% stake in the OranjeWind offshore wind farm in the Netherlands. The project aims to utilize the renewable electricity production to power electrolyzer projects that will generate about 40,000 tons per year of green hydrogen for the decarbonization of TotalEnergies' refineries in Northern Europe. This initiative aligns with TotalEnergies' strategy to cut its CO₂ emissions by 5 million tons per year by 2030. The OranjeWind project, located in the North Sea off the Dutch coast, emerged as a significant development in the energy sector, winning the Dutch Hollandse Kust West VII tender. The collaboration between TotalEnergies and RWE not only focuses on producing green hydrogen but also emphasizes support for the Dutch grid stability through electric boilers and battery storage. Construction of the wind farm is set to commence in 2026, ultimately contributing to TotalEnergies' goal of reducing net greenhouse gas emissions directly associated with its operations by 40% by 2030. The partnership highlights a joint effort towards driving sustainability, renewable energy adoption, and decarbonization in the European energy market.