Equinor ASA Launches Hydrogen Open Season for Low-Carbon Hydrogen in the Netherlands
Key Ideas
- Equinor ASA initiates its first Hydrogen Open Season for low-carbon hydrogen at H2M Eemshaven in the Netherlands, aiming to develop low carbon hydrogen value chains in North-West Europe.
- The project, in collaboration with Linde, will reform natural gas into low-carbon hydrogen with over 95% of CO2 captured and stored off the seabed offshore Norway.
- Interested parties are invited to express interest for long-term supply agreements with a minimum annual offtake of 50 MW, with further details shared in subsequent phases of the Open Season.
- Equinor plans to prioritize parties based on connectivity to the hydrogen grid and financial information, promoting the advancement of sustainable hydrogen production.
Equinor ASA has announced the commencement of its first Hydrogen Open Season, targeting the production of low-carbon hydrogen at H2M Eemshaven in the Netherlands. The company's focus remains on accelerating the development of low-carbon hydrogen and establishing sustainable hydrogen value chains in North-West Europe. The project, a joint effort with Linde, aims to convert natural gas into low-carbon hydrogen while ensuring the capture and storage of more than 95% of the CO2 emissions beneath the seabed off the coast of Norway. Interested parties have been encouraged to register their interest in securing low carbon hydrogen through long-term supply agreements, with a minimum annual offtake requirement set at 50 MW. Equinor will evaluate potential partners based on their connectivity to the hydrogen grid and financial details. Qualified parties will then progress to the subsequent phase of the Open Season, where Equinor will provide comprehensive information on the product offerings and contractual terms under a Non-Disclosure Agreement. This initiative signifies a significant step towards promoting sustainable energy practices and fostering collaboration to drive the growth of the hydrogen economy in the region.