thyssenkrupp Nucera to Lead 600 MW Green Hydrogen Project in Europe
Key Ideas
- thyssenkrupp nucera is conducting a FEED study for a 600 MW green hydrogen project in Europe to support industrial decarbonization.
- The project involves a 600 MW water electrolysis plant, with the customer planning to use the hydrogen in hard-to-abate industries.
- This initiative marks the third large-scale hydrogen project in the region by thyssenkrupp nucera, showcasing their pivotal role in Europe's decarbonization efforts.
- An investment decision for the project is expected in 2026, following the completion of the FEED study and further project development.
thyssenkrupp nucera, a leading electrolysis technology provider, has been awarded a contract to conduct a Front-End Engineering Design (FEED) study for a significant hydrogen project in Europe. The planned 600 MW water electrolysis plant aims to produce green hydrogen for hard-to-abate industries, aligning with decarbonization goals. CEO Dr. Werner Ponikwar highlights the importance of industry in scaling up the hydrogen economy, emphasizing the viability of the business case in Europe under conducive conditions. Collaborating closely with the customer, thyssenkrupp nucera aims to progress to the EPF contract phase and anticipates a Final Investment Decision (FID) in 2026. This venture marks the third large-scale hydrogen project in the region for thyssenkrupp nucera, following ongoing projects with Shell and Stegra. The company's role in advancing the hydrogen economy and supporting Europe's decarbonization targets is emphasized through these initiatives.