S'abonner

hydrogen: the VNG and Total Eren agreement

A Franco-German cooperation for the import of renewable hydrogen has just been concluded between VNG and Total Eren.

Share:

A Franco-German cooperation on the import of renewable hydrogen has just been concluded between VNG and Total Eren.

Facilitating importation

The import of renewable hydrogen will be in the form of natural gas but also ammonia. The companies plan to commercialize the product in the European market by 2028. They have engaged in dialogue with customers to assess future needs and conclude the first purchasing contracts.

The pact will facilitate the reception of ammonia on the German coast. It will then be marketed as such or converted back into hydrogen. The project was entrusted to VNG Handel & Vertrieb, VNG’s trading and sales subsidiary.

Both parties are committed to being involved across the entire value chain. Thus, it will optimize the transport of renewable hydrogen to the end user. But also to partner with the best suppliers to obtain the appropriate ecological certification.

Carbon neutral energy

VNG and Total Eren are providing strong support for European decarbonization through the import of renewable hydrogen. VNG continues to strengthen its expertise across the hydrogen value chain through its VNG 2030+ strategy. In addition, it is planning the construction of a hydrogen and carbon center in the Rostock area.

Total Eren works in South America, Africa and Australia. It benefits from low energy production costs that allow it to provide clean energy on a global scale. In particular, it is embarking on a major wind power project in Chile, capable of producing 800,000 tons of hydrogen per year.

David Corchia, General Manager of Total Eren says:

“I would also like to thank the Total Eren teams for their dedication and commitment to moving the project forward. H2 Magallanes is an excellent example of the company’s ambitious vision for the deployment of green hydrogen around the world.”

In addition, VNG and Total Eren are involved in the H2Global Foundation along with other companies. Together they will try to develop a functional hydrogen market in Germany. This is a promising ambition for the country, which has until now been heavily criticized for its fossil fuel energy mix.

 

  • Popular on energynews.pro
Chestnut Carbon secures pioneering non-recourse financing of $210mn for afforestation in the U.S.
Exus Renewables North America secures $308.2 million for solar and wind projects
Turkey proposes new expanded energy deal to Iraq with oil, gas and electricity
NANO Nuclear reaches key milestone with prototype induction pump for reactors
Iberdrola raises $5.9 billion to strengthen its grids in the UK and the US
Next Hydrogen launches Ontario’s largest onsite clean hydrogen refuelling station
Next Hydrogen launches the largest onsite clean hydrogen production and distribution station in Ontario, capable of supplying up to 650 kg per day for powering fuel cell forklifts.
Envision Energy launches the world’s first green ammonia marine bunkering in China
A 5,500-horsepower harbour vessel was bunkered with green ammonia at the Dalian terminal, marking the creation of a full value chain for this fuel and a technical milestone for the maritime sector.
Air Liquide invests over €500 mn in giant electrolyser in the Netherlands
Air Liquide begins construction of the ELYgator electrolyser in Rotterdam, a 200 MW project, supported by the Dutch government and an investment exceeding €500 mn.
German researchers test offshore green hydrogen production using raw seawater
A pilot project in Germany aims to produce green hydrogen at sea directly from untreated seawater on offshore wind farms, using marine bacteria and robust materials.
BP ends its involvement in the 26 GW AREH hydrogen project in Western Australia
BP withdraws from the Australian Renewable Energy Hub, a major renewable hydrogen and ammonia project in the Pilbara region, marking a new stage for energy investments in Australia.
Next Hydrogen secures CAD1.5mn financing to support its operations
Next Hydrogen raises CAD1.5mn from its management and a commercial lender to strengthen its cash flow and retain teams, while maintaining its review of financial and strategic solutions.
Lhyfe raises €2.5mn from citizens to support green hydrogen in Europe
The first European citizen funding campaign dedicated to green hydrogen enabled Lhyfe to collect €2.5mn from nearly 1,200 investors, strengthening the development of new sites in France and Germany.
The Future of Energy Flexibility: The Growing Role of Power-to-Hydrogen-to-Power (PtP) Technology
In the face of renewable energy intermittency, Power-to-Hydrogen-to-Power (PtP) technology could revolutionize energy storage. However, its adoption still depends on cost reduction and efficiency improvements.
South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan
South Korean company YPP and Kazakh Invest have signed a framework agreement for the development of a green hydrogen production project in Kazakhstan, with investments potentially reaching $3.1 billion.
HyCC secures Dutch subsidy for its 90 MW H2eron hydrogen project
The Dutch government has granted major funding to HyCC for its H2eron electrolysis project, aimed at producing renewable hydrogen in the Delfzijl industrial zone.
Saudi Arabia signs agreements to export green hydrogen and electricity to Europe
ACWA Power has signed several agreements with European partners to develop a green energy export chain between Saudi Arabia and Europe, as part of the India-Middle East-Europe Economic Corridor project.
Stellantis ends its hydrogen van programme as market outlook remains limited
Manufacturer Stellantis halts production of its hydrogen-powered commercial vehicles, citing a lack of commercial prospects and an insufficient market, according to a statement released by the automotive group.
TNB, Petronas and Terengganu Inc launch green hydrogen hub and hybrid solar in Malaysia
Malaysia reaches a decisive milestone in its energy roadmap with the launch of a hybrid floating hydro-solar project and the first large-scale green hydrogen hub in the state of Terengganu.
Hynamics UK and Hy24 join forces for £300mn green hydrogen project in Fawley
Hynamics UK and Hy24 have signed an exclusive agreement to develop the Fawley Green Hydrogen project, backed by the UK HAR2 scheme, to supply green hydrogen to ExxonMobil's petrochemical complex.
China: Green Light for First Interprovincial Hydrogen Pipeline
China has approved the construction of a strategic pipeline to transport green hydrogen from Inner Mongolia to Beijing, facilitating supply to industrial zones around the capital and boosting a rapidly expanding energy economy.
The European Commission sets regulatory framework for low-carbon hydrogen
The European Commission introduces a greenhouse gas emissions methodology for low-carbon hydrogen, establishing a long-awaited regulatory framework for the sector and paving the way for new industrial investments.
Lhyfe successfully completes first green hydrogen combustion tests in Spain
French company Lhyfe has carried out its first successful green hydrogen combustion tests in Spain, delivering three tonnes over three weeks to the Valencian ceramic industry, opening a new potential alternative to industrial fossil natural gas.
Envision inaugurates the world’s largest green ammonia plant in China
Envision announces the official commissioning of the world's largest green hydrogen and ammonia plant in China, powered by an autonomous renewable energy system and entirely AI-driven, with exports planned from late 2025.
Sumitomo invests in Independence Hydrogen to accelerate production in the United States
Sumitomo Corporation announces a strategic investment in Independence Hydrogen aimed at developing new decentralized hydrogen production and distribution projects in the United States, targeting industrial, logistics and critical infrastructure sectors.
80 Mile increases its stake in Hydrogen Valley to 49% and signs an agreement with Tecnoparco
80 Mile announces that it has increased its stake in Hydrogen Valley to 49% and signed a memorandum of understanding with Tecnoparco for the supply of 40,000 tonnes of biofuel per year, aiming to reduce palm oil dependency.

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING