The state government of North Rhine-Westphalia has confirmed €770,000 funding to support a feasibility study for the construction of a 100-megawatt water electrolysis plant for the production of green hydrogen at the INEOS site in Köln.
INEOS plans to build and operate a new green hydrogen plant at the site, as part of its €2 billion Euro package of green hydrogen projects across Europe announced in October last year. The project at the Köln site alone could lead to a reduction in greenhouse gas emissions of over 100,000 tonnes per year.
The feasibility study will investigate how the green hydrogen production plant can be efficiently implemented at the INEOS Verbund site. The support from the state of North Rhine-Westphalia will cover a quarter of the eligible costs for carrying out the study.
Dr Stephan Müller, Commercial Energy Manager at INEOS in Köln said. “Water electrolysis for the production of green hydrogen is an incredibly important component of our ambitious sustainability agenda with the goal of reaching net zero by 2045. The funding decision shows the significance that the state of NRW attaches to our project.”
The hydrogen produced in the new plant using only renewable energy is to be used directly in the ammonia production plant at the site and, potentially in the future, for the production of methanol.
The climate-neutral production could also cover hydrogen needs in the Chempark and beyond, including regional transport.
Due to the versatility of hydrogen across industry and into the logistics and transport sector the Köln investment is seen as a lighthouse project for the chemical sector across North Rhine-Westphalia. It has the potential to deliver a significant contribution to the implementation of the European and national hydrogen strategy and significantly contributes to achieving climate targets set in the North Rhine-Westphalia's hydrogen roadmap.
Former Minister of Economics and Innovation Prof. Dr. Andreas Pinkwart said: “The project is an important step on the way to a climate-neutral chemical industry in North Rhine-Westphalia. North Rhine-Westphalia will become a model location for innovative value chains and the project shows how important hydrogen is in this process. In the future, the project can supply not only the Köln Chempark but also logistics with green hydrogen. We need precisely such holistic projects to be successful in the transformation.”
The feasibility study is funded within the framework of the “Programme for the Rational Use of Energy, Renewable Energies and Energy Saving” (progres.nrw), where the state of North Rhine-Westphalia bundles the majority of its funding activities in the area of climate and energy policy. In the “Innovation” programme area, NRW funds application-oriented research, development and innovation projects as well as feasibility studies that contribute to the reduction of greenhouse gas emissions and thus to the achievement of North Rhine-Westphalia's climate protection goals.
PureCycle’s First Plastic Recycling Plant in Europe located in Antwerp-Brugges NextGen District, Belgium
The new plant is expected to have an annual capacity of 59,000 metric tons, with opportunities to expand operations with an anticipated total capacity of approximately 240,000 metric tons per year.
CABB site in Kokkola, Finland: vital growth with a focus on sustainability
CABB Group will invest more than EUR 50 million by 2025 in expanding its facilities at its site in Kokkola, Finland. A new office building is also being constructed. Special attention is being pai...
TotalEnergies commissions BioBéarn, the country’s largest anaerobic digestion unit in Mourenx, France
The project will convert 220,000 metric tons of organic waste into 200,000 metric tons per year of digestate, a natural fertilizer, and 160 GWh of biomethane. This new unit allowing to avoid the em...
Borealis, committed to lead the transformation to a circular economy, acquires a majority stake in Renasci’s Ostend facility, Belgium
Borealis increases its financial investment in Renasci to acquire a majority shareholding position of 50.01%. Investment will provide Borealis increasing access to chemically recycled feedstock, st...