Revealed today (March 31), OCI N.V. and Eneco have both joined the project that will utilise both of the companies leading roles in the energy sector to situate the Netherlands at the forefront of the hydrogen revolution.
NortH2 aims to develop a large-scale offshore wind-to-hydrogen electrolysis project in the Eemshaven area. During its current feasibility phase NortH2 consists of Equinor, RWE, Shell and Gasunie with the support of Groningen Sea Ports.
The project plans to construct wind farms in the North Sea with a capacity of around 3 to 4GW of wind energy for hydrogen production before 2030, possibly growing to 10GW around 2040.
Adding additional members to the projects helps to pool the collective knowledge and expertise of each company to optimise the project and reap the rewards in full.
Joining forces with NortH2 will provide OCI stable and large-scale supply of green hydrogen which allows the company to decarbonise its production processes and meet growing demand from its customers in the downstream value chain for renewable hydrogen.
Eneco on the other hand is working on the development of other green hydrogen projects with the goal to attain a green hydrogen portfolio of 1.5 to 2 GW.
About half of the projects focus on the production of green hydrogen for industrial customers whilst the other half focus on green hydrogen for other sectors such as the built environment.
Ahmed El-Hoshy, CEO of OCI N.V., said, “a critical partnership that helps OCI, as a key enabler of the hydrogen economy, activate sustainable value chains for society and industry, create a positive impact on the environment, and simultaneously help reduce the country’s dependence on natural gas by using green hydrogen.
“Green ammonia and methanol production is a logical starting point to develop a green economy in the Netherlands and Europe as it creates a wide range of green products helping create sustainable value chains of food, fuels and consumer goods.”
As Tempelman, CEO of Eneco, said, “Eneco is striving to be climate neutral by 2035. In order to achieve this goal, in addition to large-scale electrification, we are going to invest in the production and supply of green hydrogen.
“Our participation in NortH2 is an important step, as this project gives us the opportunity to rapidly scale up the production of green hydrogen in the Netherlands in collaboration with our consortium partners.”
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