TotalEnergies and RWE Partner to Produce Green Hydrogen in Offshore Wind Farm Project
Key Ideas
- TotalEnergies acquires a 50% stake in the OranjeWind offshore wind farm to dedicate renewable electricity production to power electrolyzer projects for green hydrogen.
- The project aims to cut TotalEnergies' CO2 emissions by five million tons per year by 2030, contributing to a 40% reduction in net greenhouse gas emissions from oil and gas operations.
- OranjeWind will not only produce green hydrogen but also support the Dutch grid's stability with electric boilers and battery storage, scheduled for construction in 2026 and full operation in 2028.
- Partnership between TotalEnergies and RWE signifies a commitment to the Dutch energy transition, focusing on decarbonization targets and system integration to address challenges of wind generation and energy demand.
TotalEnergies has signed agreements with German renewable developer RWE to acquire a 50% stake in the OranjeWind offshore wind farm project in the Netherlands. This collaboration aims to use the renewable electricity produced by the wind farm to power electrolyzer projects for generating green hydrogen. The produced hydrogen, approximately 40,000 tons per year, will be utilized to decarbonize TotalEnergies' refineries in Northern Europe, cutting around five million tons of CO2 emissions annually by 2030.
The project is a significant step towards TotalEnergies' goal of reducing greenhouse gas emissions linked directly to its oil and gas operations. By utilizing green hydrogen to replace the current hydrogen consumption in its refineries, TotalEnergies aims to prevent the emission of approximately 400,000 tons of CO2 annually. Additionally, OranjeWind will contribute to the stability of the Dutch grid through its electric boilers and battery storage.
Construction of the wind farm is set to commence in 2026, with full commissioning expected by early 2028. The partnership between TotalEnergies and RWE indicates a joint commitment to the Dutch energy transition. The CEOs of both companies expressed enthusiasm for the project, highlighting its importance in achieving decarbonization targets and system integration to address challenges in renewable energy production and energy demand in the Netherlands.
Topics
India
Renewable Energy
Offshore Wind
Electricity Production
Decarbonization
Refineries
European Energy Transition
Green Portfolio
Netherlands Energy Market
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