thyssenkrupp nucera to Develop 600MW Electrolyzer for Green Hydrogen in Europe
Key Ideas
  • thyssenkrupp nucera will carry out a FEED study for a 600MW water electrolysis plant in Europe to produce green hydrogen for hard-to-abate industries, reducing CO2 emissions.
  • The company emphasizes the importance of industry in scaling up the hydrogen economy and notes the viability of the business case in Europe with affordable green electricity and reliable off-takers.
  • This project marks the third large-scale hydrogen initiative by thyssenkrupp nucera in the region, showcasing their pivotal role in industrial expansion for Europe's decarbonization goals.
  • The realization of the project is contingent on reaching a Final Investment Decision (FID) in 2026, following the signing of an EPF contract (Engineering, Procurement, Fabrication).
thyssenkrupp nucera, a prominent provider of electrolysis technologies, has been tasked with conducting a Front-End Engineering Design study for a substantial hydrogen project in Europe. The upcoming water electrolysis plant is set to have a noteworthy capacity of around 600 megawatts and will cater to industries facing challenges in emissions reduction. The client, currently undisclosed, intends to utilize the generated green hydrogen in sectors that are typically difficult to decarbonize, thereby aiding in the mitigation of CO2 emissions. Dr. Werner Ponikwar, CEO of thyssenkrupp nucera, highlighted the significance of such large-scale ventures in driving the hydrogen economy forward, particularly in Europe where favorable conditions such as affordable renewable energy and reliable consumers are crucial. The company aims to collaborate closely with the client to advance the project, with plans to finalize an EPF contract in the subsequent phase, subject to a Final Investment Decision in 2026. This initiative represents the third major hydrogen undertaking leveraging thyssenkrupp nucera's technology in the region. Noteworthy ongoing projects include a 200-megawatt facility for Shell in Rotterdam and a 740-megawatt facility for Stegra to support Europe's pioneering green steel plant. These endeavors underscore thyssenkrupp nucera's pivotal role in bolstering the industrial sector's shift towards hydrogen and aiding Europe in achieving its decarbonization objectives.
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