Statkraft, a Norwegian state-owned energy company, is set to build a significant electrolysis capacity of 200 MW in Emden, Lower Saxony, Germany, with a focus on green hydrogen production. The waste heat generated from electrolysis will be repurposed for district heating through the installation of 50 MW heat pumps. The EU has shown support by initiating negotiations on funding of up to €107 million for the project. Statkraft plans to produce 20,000 tons of green hydrogen annually initially, with further plans to generate 50,000 MWh of climate-neutral heat per year. The company aims to secure EU Innovation Fund support to promote innovative technologies for emission reduction. By connecting the hydrogen production site to the national hydrogen network, Statkraft plans to distribute the hydrogen to customers across the country. The project reflects Statkraft's ambition to become a leading green hydrogen producer in Germany, with a pilot electrolyzer of 10 MW as the initial step towards this goal.