TotalEnergies Partners with RWE for Green Hydrogen Production at OranjeWind Offshore Wind Farm in the Netherlands
Key Ideas
- TotalEnergies acquires a 50% stake in the OranjeWind offshore wind farm to utilize clean energy for its 350MW electrolyser projects producing green hydrogen.
- The initiative aims to reduce CO₂ emissions by 5 million tonnes annually by 2030 and replace hydrogen used in refineries, avoiding roughly 400,000 tonnes of CO₂ emissions per year.
- TotalEnergies' investment aligns with its goal of a 40% reduction in net greenhouse gas emissions from its oil and gas operations by 2030 and signifies a significant step towards decarbonisation in Europe.
- Construction for the project is scheduled to commence in 2026, with the wind farm expected to be fully operational by early 2028.
TotalEnergies has entered into an agreement with RWE to purchase a 50% stake in the OranjeWind offshore wind farm located in the Netherlands. The clean energy generated by this wind farm will be utilized to power TotalEnergies' 350MW electrolyser projects, which are responsible for producing 40,000 tonnes of green hydrogen annually. These electrolyser projects form a crucial part of TotalEnergies' strategy to decarbonise hydrogen production in its European refineries, with a targeted reduction of 5 million tonnes of CO₂ emissions each year by 2030.
The partnership between TotalEnergies and RWE seeks to replace the current hydrogen usage in refineries, thereby preventing around 400,000 tonnes of CO₂ emissions annually. This initiative is in line with TotalEnergies' overarching objective to achieve a 40% reduction in net greenhouse gas emissions from its oil and gas activities by 2030 compared to 2015 levels.
Bernard Pinatel, the President of TotalEnergies refining and chemicals, expressed enthusiasm about collaborating with RWE on this project. The construction for the OranjeWind project is slated to start in 2026, with expectations of the wind farm being operational by early 2028. Additionally, in a separate development, TotalEnergies and EnBW secured rights in a German offshore wind site auction, winning the opportunity to develop wind farms with a total capacity of 2.5GW.
Topics
Utilities
Renewable Energy
Decarbonisation
Offshore Wind
Greenhouse Gas Emissions
Refineries
European Operations
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