TotalEnergies and Air Liquide to Develop Green Hydrogen Projects in the Netherlands and Belgium
Key Ideas
- TotalEnergies and Air Liquide are investing over 1 billion euros in two green hydrogen projects to reduce CO2 emissions from refineries in the Netherlands and Belgium.
- The projects involve constructing electrolyzers powered by renewable electricity and are expected to cut emissions by up to 450,000 metric tons annually.
- Despite challenges like high costs and uncertain demand, TotalEnergies remains committed to using renewable hydrogen as a feedstock to reduce net CO2 emissions in its refineries.
- The companies will also establish a joint venture for a 250 MW electrolyzer project in the Zeeland province of the Netherlands to further promote green hydrogen production.
French oil major TotalEnergies and industrial gases company Air Liquide have announced plans to develop two green hydrogen projects aimed at decarbonizing TotalEnergies' refineries in the Netherlands and Belgium. These projects involve the construction of electrolyzers powered by renewable electricity, representing a combined investment exceeding 1 billion euros. The initiatives are projected to reduce CO2 emissions by up to 450,000 metric tons annually. Green hydrogen, produced through water electrolysis using renewable energy sources, is gaining traction in Europe as a cleaner alternative to fossil fuels. While some energy companies have faced challenges due to high costs and uncertain demand, TotalEnergies remains focused on utilizing renewable hydrogen to lower emissions in its operations. TotalEnergies and Air Liquide are set to establish a joint venture for another project, a 250 MW electrolyzer installation in the Zeeland province of the Netherlands. This commitment underscores a shift towards sustainable energy practices and aligns with European goals to transition away from oil and natural gas by 2050.