BP, Nouryon and Port of Rotterdam partner on ‘green hydrogen’ study
BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the opportunity of making ‘green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for significant reductions in CO2 emissions.
The refinery currently uses hydrogen made from hydrocarbons, to desulphurize products. Replacing this entirely with green hydrogen produced from water using renewable energy could potentially result in a reduction of 350,000 tons of CO2 emissions per year based on current circumstances.
The parties have signed a memorandum of understanding to study the feasibility of a 250-megawatt water electrolysis facility to produce up to 45,000 tons of green hydrogen yearly using renewable energy. It would be the largest of its kind in Europe.
Nouryon would build and operate the facility based on its leadership position in sustainable electrochemistry. The Port of Rotterdam would facilitate local infrastructure and investigate options for further development of a green hydrogen hub in the area. The partners intend to take a final investment decision on the project in 2022.
“BP is committed to advance a low carbon future. We have committed to reduce emissions in our operations, improve our products to help customers reduce their emissions and create low carbon businesses. The use of green hydrogen, made from water with renewable energy, has the potential to deliver significant emissions reductions at Rotterdam. Working with Nouryon and the Port of Rotterdam will allow us to explore and fully understand the technical, operational and financial dimensions of this potential opportunity,” said Ruben Beens, CEO of BP Netherlands.
“This partnership builds on our expertise in electrolysis technology to open up new value chains. With green hydrogen, we can provide sustainable solutions to our customers ranging from low-carbon fuels and industrial processes to new forms of circular chemistry,” said Knut Schwalenberg, managing director, Industrial Chemicals at Nouryon.
“Development of large-scale electrolysers connected to offshore wind farms is vital for making solid progress with the new energy system in order to realize our climate goals. This 250-megawatt electrolyser is a key proof point that Rotterdam has the ability to be a frontrunner in the energy transition, which is an important differentiator for the port industry,” said Allard Castelein, CEO of the Port of Rotterdam.