Thyssenkrupp Nucera's Green Hydrogen Initiative in Europe
Key Ideas
- Thyssenkrupp Nucera is conducting a FEED study for a 600MW hydrogen project in Europe to cater to hard-to-abate industries.
- The project, in collaboration with Shell and Stegra, aims to provide sustainable hydrogen supply for industrial decarbonization.
- The final investment decision for the project is expected in 2026, contingent upon affordable green electricity and reliable off-takers.
- The FEED study indicates a significant step towards expanding Europe's hydrogen economy, with further plans for an EPF contract phase.
Thyssenkrupp Nucera AG & Co. KGaA has initiated a Front-End Engineering Design (FEED) study for a major hydrogen project in Europe, focused on producing green hydrogen for hard-to-abate industries. The project, with a targeted capacity of 600 megawatts, represents the third large-scale collaboration in the region for Thyssenkrupp Nucera, following previous partnerships with Shell and Stegra. The planned facility aims to play a crucial role in industrial decarbonization by offering a sustainable hydrogen supply, with the final investment decision anticipated in 2026. Dr. Werner Ponikwar, the CEO, emphasized the necessity of aligning affordable green electricity with reliable off-takers for the project's success. This FEED study is a pivotal step that sets the stage for the expected EPF contract phase, further solidifying Thyssenkrupp Nucera's contribution to expanding Europe's hydrogen economy.