TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030.
Under the agreement, Air Products will deliver at TotalEnergies’ Northern European refineries’ doorstep, green hydrogen from Air Products’ global supply network. This hydrogen will avoid around 700,000 tons of CO₂ each year.
The contract awarded to Air Products is a first step towards achieving TotalEnergies’ objective of reducing net greenhouse gas emissions from its operated oil and gas operations (Scope 1+2) by 40% by 2030 compared to 2015 levels.
This deal with Air Products, the first signed following the call for tenders launched last year, is a steppingstone towards our goal of decarbonizing the hydrogen used in TotalEnergies’ refineries in Northern Europe by the end of the decade.
…said Patrick Pouyanné, Chairman and CEO of TotalEnergies.
We always believed that if we made clean hydrogen available at commercial scale, the demand would be there. This contract validates our long-term strategy.
..said Air Products’ Chairman, President and CEO Seifi Ghasemi.
At the same time, TotalEnergies and Air Products have signed a memorandum of understanding for the supply of renewable power, which entails the signing of a first Power Purchase Agreement (PPA) for 150 MW produced at a solar project in Texas. The parties also plan to explore together further PPA opportunities in the UK, Poland and France. This agreement, which strengthens the partnership between TotalEnergies and Air Products, will contribute to Air Products‘ decarbonization roadmap and is in line with TotalEnergies’ integrated electricity strategy along the value chain.
