In the Netherlands, plans for the further development of H2-Fifty – a 250 MW green hydrogen plant in the port area of Rotterdam have been announced. The Joint Development Agreement (JDA) follows a feasibility study that showed the project can make a critical contribution to the decarbonization of industry in the region.
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Hydrogen technology provider HyCC B.V. part of the electrochemical company Nobian, and global oil and gas major bp plc have signed an agreement for the further development of H2-Fifty – a 250 MW green hydrogen plant in the port area of Rotterdam.
The joint development agreement (JDA) follows a feasibility study that showed the project can make a critical contribution to the decarbonization of industry in the region.
Replace fossil-based feedstock
The green hydrogen from H2-Fifty will replace fossil-based feedstocks currently used at bp’s Rotterdam refinery and other industries in the port area.
The project could help reduce carbon dioxide (CO2) emissions by up to 350 000 tonnes per annum and thus can make a significant contribution to the Dutch and European objectives of making industries more sustainable and further developing green hydrogen technology.
Bringing HyCC and bp together, in collaboration with the Port of Rotterdam Authority, provides the H2-Fifty project with the opportunity to both accelerate significant emission reductions for our refinery and for our customers. We will use our integration expertise to help build and deploy green hydrogen at scale and H2-Fifty is one of the pillar projects supporting bp’s hydrogen ambition, said James Patterson, VP Green Hydrogen Solutions at bp.
Investment decision in 2023
The project will be located in the Maasvlakte area in the Port of Rotterdam. In the coming year, the parties will select a technology supplier, further develop the design of the plant and start the environmental studies for the licensing process.
This will allow a final investment decision to be made in 2023.
Scaling up green hydrogen production not only makes the industry in the port area of Rotterdam more sustainable but also provides the Netherlands with an opportunity to become a leader in the hydrogen economy. H2-Fifty is a serious step in that direction and thanks to the collaboration with bp, we can execute this project successfully to support sustainable growth, said Marcel Galjee, Managing Director of HyCC.
Due to its important contribution to technology development and CO2 reduction, the project is supported by the Top Sector Energy of the Dutch Ministry of Economic Affairs and Climate Change and was nominated by the Netherlands for participation in IPCEI Hydrogen, a program for important projects of common European interest.