TotalEnergies and Air Liquide's €600 Million Green Hydrogen Venture in Europe
Key Ideas
- TotalEnergies and Air Liquide plan a €600 million joint venture to produce green hydrogen for refineries in the Netherlands and Belgium.
- The project includes building a 250-megawatt electrolyzer powered by wind energy near a refinery in the Netherlands and a supply deal for a petrochemical plant in Belgium.
- The companies aim to reduce emissions with low-carbon hydrogen and the project is expected to avoid annual emissions equivalent to 500,000 tons of carbon dioxide.
- Air Liquide will also be able to serve other Dutch and Belgian customers through its existing hydrogen pipeline network and the project will use electrolyzer technologies from a joint venture with Siemens Energy AG.
TotalEnergies SE and Air Liquide SA have announced a €600 million joint venture to produce green hydrogen for TotalEnergies' refinery in the Netherlands and its petrochemical plant in Belgium. The project involves building a 250-megawatt electrolyzer near the Zeeland refinery, powered by wind energy. Additionally, TotalEnergies will purchase green hydrogen for its Antwerp facility from a 200-megawatt electrolyzer that Air Liquide plans to construct near Rotterdam. The companies aim to reduce emissions with low-carbon hydrogen, following recent deals with other partners. The joint project near the Zeeland refinery is set to be operational by 2029, with the one supplying the Antwerp plant expected to start operating by late 2027, pending a final investment decision. Air Liquide's existing hydrogen pipeline network will enable it to serve additional Dutch and Belgian customers. Clean power for the electrolyzers will come from an offshore wind project in the Netherlands, with Air Liquide also sourcing clean power from a Vattenfall wind farm off the Dutch coast. The combined investment in the two projects is over €1 billion and could prevent emissions equivalent to 500,000 tons of carbon dioxide annually. The project will utilize electrolyzer technologies from Air Liquide's joint venture with Siemens Energy AG.