Statkraft, Europe's largest producer of renewable energy, is in negotiations to receive a grant of up to 107 million euros from the European Union to establish a hydrogen production site in Emden, Lower Saxony. The proposed project includes a 200 MW electrolysis plant and a 50 MW heat pump system, with a potential capacity to produce 20,000 tonnes of renewable hydrogen and 50,000 MWh of green heat annually. This initiative aligns with the objective of decarbonizing the heating sector across Germany. Statkraft aims to position itself as a major green hydrogen producer in Germany and has already shown interest from various industrial customers in Emden for green hydrogen and district heating. The company is moving forward with a hydrogen pilot project involving a 10 MW electrolyser to supply hydrogen filling stations in the region. The support from the EU Innovation Fund is seen as an acknowledgment of Statkraft's innovative approach to hydrogen technologies. Bjørn Holsen, SVP Hydrogen at Statkraft, emphasized the strategic significance of this funding in realizing their ambition in the green hydrogen market. Statkraft's progress in this field underscores their commitment to sustainability and advancement in the renewable energy sector.