HH2E and MET plan €1bn German green hydrogen project
Facility on former nuclear power site would scale up to 1GW by 2030, developers say
German green hydrogen developer HH2E and Swiss energy trader MET Group have unveiled a joint proposal to invest c.€1bn (c.$1.03bn) in more than 1GW of electrolyser capacity in the eastern state of Mecklenburg-Vorpommern on Germany’s Baltic coast by 2030. Phase one of the project would see the deployment of 100MW at a cost €200mn, with construction due to start next year and commissioning set for 2025. Production would be around 6,000t/yr, with output aimed at transport and industrial customers in Germany. Phase two would see the project scaled up to over 1GW, with production of more than 60,000t/yr of hydrogen by 2030. “The market in Germany shows an extraordinarily high interest in green hy
Welcome to the PE Media Network
PE Media Network publishes Petroleum Economist, Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry
Comments