BP, Nouryon and the Port of Rotterdam have partnered to explore the opportunity of making ‘ green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands.
According to Nouryon, green hydrogen produced from water using renewable energy could potentially lead to a 350,000 tons reduction in CO2 emissions per year.
The three partners have signed a Memorandum of Understanding to study the feasibility of producing up to 45,000 tons of green hydrogen annually using renewable energy from a 250-megawatt water electrolysis facility.
Under the deal, the facility would be built and operated by Nouryon, while Port of Rotterdam would facilitate local infrastructure and explore options for further development of a green hydrogen hub in the area.
The partners will take a final decision on the project in 2022, said the statement.
Ruben Beens, CEO of BP Netherlands said: “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.”
Allard Castelein, CEO of the Port of Rotterdam, commented: “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.”