Air Products will deliver green hydrogen from its global supply network to TotalEnergies’ Northern European refineries
Air Products will deliver green hydrogen from its global supply network to TotalEnergies’ Northern European refineries
TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tonnes of green hydrogen starting in 2030.
This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tonnes per year of green hydrogen to decarbonise TotalEnergies’ European refineries.
Under the agreement, Air Products will deliver green hydrogen from Air Products’ global supply network to TotalEnergies’ Northern European refineries’ doorstep. This hydrogen will avoid around 700,000 tonnes of CO2 each year. The contract awarded to Air Products is a first step towards achieving TotalEnergies’ objective of reducing net greenhouse gas emissions from its operated oil and gas operations (Scope 1+2) by 40% by 2030 compared to 2015 levels.
Air Products is committing more than $15bn to large-scale energy transition projects and launching several large low carbon hydrogen projects in the world, making it a leading and reliable supplier.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, said the deal, the first signed following the call for tenders launched last year, is a stepping stone towards its goal of decarbonising the hydrogen used in TotalEnergies’ refineries in Northern Europe by the end of the decade.
He said, “Once again, we demonstrate our capacity to pioneer the energy transition and contribute to the emergence of a green hydrogen industry by offering long-term contracts with our six refineries and two biorefineries in Europe. We are also happy to extend our partnership with Air Products by becoming ourselves a supplier of green power to Air Products and contributing to Air Products’ own decarbonisation roadmap.”
Seifi Ghasemi, Air Products’ Chairman, President and CEO, said, “We always believed that if we made clean hydrogen available at commercial scale, the demand would be there. This contract validates our long-term strategy. Clearly the demand is here, and it will grow significantly as we move forward, playing an essential role in decarbonising heavy industry and other sectors.”
At the same time, TotalEnergies and Air Products have signed a memorandum of understanding (MOU) for the supply of renewable power, which entails the signing of a first Power Purchase Agreement (PPA) for 150 MW produced at a solar project in Texas. The parties also plan to explore together further PPA opportunities in the UK, Poland and France.
This agreement will contribute to Air Products‘ decarbonization roadmap and is in line with TotalEnergies’ integrated electricity strategy along the value chain.
