TotalEnergies SE, in partnership with German developer RWE, has entered into an agreement to supply 30,000 tons of green hydrogen annually to the Leuna refinery in Germany starting in 2030. RWE will be responsible for constructing and operating a 300 MW electrolyzer in Lingen to produce the green hydrogen, which will then be stored locally before being transported via a 600 km pipeline to the Leuna refinery. This initiative is expected to result in a reduction of around 300,000 tons of CO2 emissions per year, starting from 2030. The deal is considered the largest volume of green hydrogen ever contracted from an electrolyzer in Germany. TotalEnergies' Chairman and CEO, Patrick Pouyanné, emphasized the significance of this long-term contract for green hydrogen in the efforts to reduce CO2 emissions at the Leuna refinery. The completion of the hydrogen backbone in Germany, supported by efficient measures from German authorities, has been crucial for making this agreement a reality. CEO of RWE, Markus Krebber, highlighted the success of acquiring TotalEnergies as an anchor customer, showcasing the positive impact of incentives for customers in the green hydrogen sector. Additionally, in a separate initiative, TotalEnergies partnered with L'Air Liquide SA to develop two green hydrogen projects in the Netherlands with a substantial investment of around 600 million euros. Investors interested in TotalEnergies can consider gaining exposure through specific exchange-traded funds (ETFs) focused on energy investments. The article also notes a slight increase in TTE shares in the premarket trading. Overall, the agreement between TotalEnergies and RWE marks a significant milestone in the green hydrogen sector, demonstrating the potential for reducing CO2 emissions in industrial processes.