Investing.com -- TotalEnergies (EPA:TTEF) has entered into a significant agreement with RWE (LON:0HA0), a German energy developer, to supply its Leuna refinery with 30,000 tons of green hydrogen annually for fifteen years starting in 2030. This deal represents the largest commitment to green hydrogen procurement from an electrolyzer in Germany to date.
The green hydrogen will be produced using a 300 MW electrolyzer constructed and operated by RWE in Lingen, Germany. Additionally, local storage solutions for the hydrogen will be established. A 600 km pipeline will transport the hydrogen directly to the Leuna refinery, enabling the site to reduce its carbon dioxide emissions by roughly 300,000 tons from 2030 onwards.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, expressed enthusiasm about expanding the partnership with RWE, highlighting the contract as a key step in cutting CO2 emissions at the Leuna refinery. He underscored the importance of the German authorities’ completion of the H2 backbone and their support for green hydrogen customers like TotalEnergies.
Markus Krebber, CEO of RWE, shared his pride in securing the first long-term agreement of this magnitude for green hydrogen with TotalEnergies in Germany. He noted this achievement came just six months after the decision to build the electrolysis plant in Lingen, emphasizing the viability of hydrogen as an energy source with appropriate customer incentives.
This agreement aligns with TotalEnergies’ 2030 ambition to decarbonize hydrogen used in its European refineries and marks a substantial stride towards reducing greenhouse gas emissions in the energy sector. The information for this report is based on a press release statement.
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