NortH2 hydrogen project lines up potential offtaker

Consortium signs letter of intent to supply large volumes of green hydrogen to Dutch ammonia and methanol producer OCI

The developers of the NortH2 green hydrogen project in the Netherlands have signed a letter of intent to sell significant volumes to Dutch ammonia and methanol producer OCI. NortH2 plans to produce green hydrogen via electrolysis powered by offshore wind in the Groningen region in the north of the Netherlands. Under the non-binding agreement, the developers would sell hydrogen produced by the project to OCI. The developers are targeting 4GW of capacity by 2030. The consortium developing NortH2 comprises Shell, Norway’s state-owned Equinor, German energy firm RWE, Dutch gas company Gasunie and Dutch utility Eneco. OCI says switching its ammonia and methanol feedstock to green hydrogen is tech