FFI and Eon to supply Germany with green hydrogen
Firms will study how to deliver 5mn t/yr of green hydrogen by 2030 as Germany looks to diversify its energy supply
Australian renewable energy company Fortescue Future Industries (FFI) and German utility Eon have formed a partnership to deliver 5mn t/yr of green hydrogen by 2030. The firms will study—in collaboration with their respective governments—how to ramp up supply as fast as possible. “The announcement of this historic partnership today aims to diversify the future energy security in Europe,” says FFI chairman Andrew Forrest. “Green energy will reduce fossil fuel consumption dramatically in Germany and quickly help substitute Russian energy supply,” he adds. 50mn t/yr – FFI’s target green hydrogen production by 2040 This amount of green hydrogen would displace approximately one-third of G
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory