VTTI Advances Project Amplifhy to Strengthen European Hydrogen Supply Chain
Key Ideas
- VTTI progresses to negotiating Heads of Agreements for Project Amplifhy, enhancing hydrogen import capabilities for the European Union.
- Development of ammonia import terminals and cracking facilities in Rotterdam and Antwerp to support the conversion of clean ammonia into hydrogen.
- Project Amplifhy recognized as a Project of Common Interest by the European Commission, securing 20 million in co-funding to advance hydrogen infrastructure.
- VTTI's strategic efforts align with the EU's 2030 hydrogen and decarbonization goals, contributing to a more sustainable energy system.
VTTI, a prominent player in energy storage and infrastructure, has announced the progression of Project Amplifhy to bolster the hydrogen supply chain in Europe. The project, initiated in response to a strong market demand, aims to establish ammonia import terminals and cracking facilities in key locations like Rotterdam and Antwerp. These facilities will facilitate the large-scale import and conversion of clean ammonia into hydrogen, playing a crucial role in decarbonizing the European economy. Project Amplifhy has received recognition as a Project of Common Interest by the European Commission, emphasizing its significance in the EU's energy transition. VTTI's Executive Vice President, Tom Smeenk, highlighted the importance of this phase in developing Europe's hydrogen infrastructure, emphasizing a shift towards sustainable energy sources. By securing co-funding and aligning with the EU's decarbonization goals, VTTI's efforts with Project Amplifhy contribute significantly to advancing a more sustainable energy system for the future.