Air Liquide and TotalEnergies' €1 Billion Investment in Green Hydrogen Production in Europe
Key Ideas
- Air Liquide and TotalEnergies are investing over €1 billion in two large-scale electrolyzer projects for green hydrogen production in Europe, potentially reducing 500,000 tonnes of CO2-equivalent emissions annually.
- The projects, ELYgator in Rotterdam and a joint venture electrolyzer in Zeeland, will utilize renewable energy from offshore wind farms to produce hydrogen for various industrial applications by 2029.
- The initiatives showcase the commitment of both companies to decarbonization, with Air Liquide's leading role in green hydrogen production and TotalEnergies' aim to decarbonize its European refineries by 2030.
- Public-private partnerships with support from the EU's Innovation Fund and the Dutch IPCEI program demonstrate the crucial role of collaboration between companies, governments, and international bodies in driving the green hydrogen economy.
Air Liquide and TotalEnergies have announced a significant collaboration involving investments exceeding €1 billion to develop two large-scale electrolyzer projects for the production of renewable and low-carbon hydrogen in Europe. These projects aim to reduce up to 500,000 tonnes of CO2-equivalent emissions annually. The first project, ELYgator, will be a 200MW electrolyzer located in Maasvlakte, Rotterdam, supplying renewable and low-carbon hydrogen to TotalEnergies' industrial platform and other customers in the Netherlands and Belgium. The second project, a joint venture electrolyzer in Zeeland, Netherlands, will have a capacity of 250MW and is expected to produce 30,000 tons of green hydrogen per year by 2029. Both initiatives will leverage renewable electricity from TotalEnergies' offshore wind farms. The projects reinforce Air Liquide's position in green hydrogen production and align with TotalEnergies' objective to decarbonize its European refineries by 2030. The support from the EU's Innovation Fund and the Dutch IPCEI program highlights the importance of public-private partnerships and governmental initiatives in advancing the green hydrogen economy. These collaborations exemplify the collective effort needed to accelerate decarbonization and promote sustainable practices in the energy sector.
Topics
Projects
Renewable Energy
Innovation
Investment
Partnership
Decarbonization
EU Support
Electrolyzer Technology
Public-private Collaboration
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