The project is a front-runner among several hydrogen initiatives aimed at cutting carbon emissions and will be a significant milestone in the transition to a more sustainable, circular economy, the companies say.
The funding is granted by the Fuel Cells and Hydrogen Joint Undertaking (FCH-JU), a partnership of the European Commission and industry that supports the development of innovative hydrogen technologies. The 20-megawatt (MW) electrolyzer, to be owned and operated by Nouryon and Gasunie, would be the first of its kind to be implemented in Europe on this scale.
The other partners involved are: McPhy, which will provide its innovative alkaline electrolysis technology to convert renewable electricity into 3,000 tons of green hydrogen per year; BioMCN, which will combine the hydrogen with CO2 from other processes to produce renewable methanol, reducing CO2 emissions by up to 27,000 tons per year; and DeNora, a producer of electrodes, a key component of the electrolysis technology.
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