Equinor Joins Europe’s Biggest Green Hydrogen Project

Source: www.gulfoilandgas.com 12/7/2020, Location: Europe

The project aims to produce green hydrogen using renewable electricity from offshore wind off the coast of Netherlands of about 4 gigawatts by 2030, and 10+ gigawatts by 2040, kickstarting the hydrogen economy in Northwest Europe.

“This is a groundbreaking project that Equinor is looking forward to contribute to. The project can be an important part in our efforts to build a competitive position in hydrogen, creating future value and industrial possibilities. Our aim is to be a net-zero energy company by 2050 and developing a profitable low carbon value chain for hydrogen will be an essential part of our transition to become a broad energy company. Hydrogen will be key to decarbonization and net zero efforts for the energy market, especially in otherwise hard to abate sectors which cannot be served by electricity,” says Equinor CEO, Anders Opedal.

NortH2 was launched in February 2020, with Shell, Groningen Seaports Gasunie and the province of Groningen. Equinor joins RWE as new partners to the project. The project will complete a feasibility study by 2021, with the aim to start project development activities in the second half of 2021.

The project will have a capacity of 1 GW in 2027, 4 GW by 2030 and 10+ GW by 2040 for electrolysis. This equates to 0.4. million tonnes of green hydrogen production in 2030 and 1 million tonnes green hydrogen production by 2040. This can abate 8 to 10 million tonnes of CO2 emissions. This is equivalent to the yearly emissions from road traffic in Norway. The rapid growth in offshore wind is well suited to developing a green hydrogen value chain.

“NortH2 fits well with Equinor’s experience and position as a leading offshore wind operator. Hydrogen will add to the competitiveness of renewables in the years to come, by adding value and an alternative route to market for renewables. The development of viable large-scale clean hydrogen value chains twill help meet the Paris agreement targets, says Pal Eitrheim, executive vice president New Energy Solutions in Equinor.

Northwest Europe is wellpositioned to develop an integrated hydrogen value chain – from offshore wind development and renewable power generation to production, storage, transport and the sale of green hydrogen.

The North Sea has a great potential for large-scale wind development, there is extensive existing natural gas infrastructure that is suitable for storage and large-scale transport of hydrogen, and there are large industrial clusters in the Netherlands and Germany as well as heavy-duty vehicle OEMs that could economically benefit from a ‘first mover’ advantage.

NortH2 expands the energy transition agenda for Equinor by adding a significant green hydrogen value chain. This complements already existing renewable and low-carbon world-class projects like Dogger Bank (offshore wind), Northern Lights (CCS) and H2H Saltend (Blue hydrogen).

NortH2 sets a vision for 4 GW integrated offshore-wind-to-green-hydrogen value chain by 2030, and for 10+ GW by 2040. Through the parallel development of the required hydrogen infrastructure by repurposing existing natural gas infrastructure, the project could supply major Northwest European clusters.

By doing so the NortH2 project will make an important domestic contribution to meet expected quickly growing hydrogen demand and thereby to meet Dutch as well as EU climate targets for 2030. It also ensures long term decarbonisation in line with the Paris Agreement. The project fits well with the agenda of the Northern Netherlands to become a leading region for green hydrogen, supporting economic development and the creation of high-skilled jobs.


Poland >>  11/13/2024 - OX2 has handed over the Wysoka wind farm in Poland to Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer. The wind farm c...
Canada >>  11/12/2024 - The Nordex Group has received another order from Canada. The Group will supply 19 N163/5.X turbines to a Canadian wind farm developer and operator for...

United Kingdom >>  11/12/2024 - Ofgem announced it has approved the Initial Project Assessment for the LionLink and Nautilus electricity interconnectors, which determines the needs c...
Spain >>  11/11/2024 - Iberdrola has taken another step towards the energy transition and has obtained the environmental permit for its first repowering in Spain, in Castill...

United Kingdom >>  11/11/2024 - The turbine blades for ScottishPower’s £4 billion East Anglia TWO offshore windfarm will be built in Hull after the green energy company formalised a ...
Denmark >>  11/8/2024 - - RWE to locate its offshore construction base for its 1.1 GW Thor offshore wind farm at Thyborøn Port
- Buss Ports to handle secondary steel st...





Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.