TotalEnergies and Air Products' Green Hydrogen Agreement: Decarbonizing European Refineries
Key Ideas
  • TotalEnergies and Air Products signed a 15-year agreement for the supply of 70,000 tons of green hydrogen annually in Europe, aiming to reduce 700,000 tons of CO2 emissions per year.
  • The agreement supports TotalEnergies' goal to decrease net greenhouse gas emissions by 40% by 2030 and Air Products' commitment to producing clean hydrogen on a large scale.
  • Further collaboration includes TotalEnergies supplying green power to Air Products, reinforcing their partnership, and exploring renewable power purchase agreements in various countries to contribute to decarbonization efforts.
  • TotalEnergies is dedicated to decarbonizing its European refineries by using green hydrogen, expecting to reduce CO2 emissions by around five million tons annually by 2030.
TotalEnergies and Air Products have signed a significant 15-year agreement for the delivery of 70,000 tons of green hydrogen annually in Europe starting from 2030. This long-term deal is part of TotalEnergies' initiative to source 500,000 tons per year of green hydrogen to decarbonize its European refineries. Air Products will supply green hydrogen to TotalEnergies' refineries in Northern Europe, helping to avoid around 700,000 tons of CO2 emissions annually. The collaboration aligns with TotalEnergies' target to reduce net greenhouse gas emissions by 40% by 2030. Additionally, Air Products' commitment to investing in clean hydrogen projects on a large scale has been highlighted. The partnership also involves TotalEnergies supplying green power to Air Products and exploring renewable power purchase agreements in multiple countries. TotalEnergies' focus on using green hydrogen in its European refineries is part of its strategy to significantly decrease its carbon footprint by approximately five million tons per year by 2030. The agreement signifies a positive step towards decarbonization and underscores the companies' dedication to sustainability and the energy transition.
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