VTTI and EIT InnoEnergy’s European Green Hydrogen Acceleration Centre (EGHAC), supported by Breakthrough Energy, have agreed to jointly develop large-scale domestic hydrogen production facilities and hydrogen import facilities in Europe’s major ports. Both companies share an ambition to support the European Green Deal and the REPowerEU initiative, which recently set out the EU’s Hydrogen Strategy for domestic hydrogen production and hydrogen imports.
VTTI New Energies is currently developing multiple new energy opportunities in hydrogen and hydrogen carrier fuels, renewable natural gas, waste to renewables and carbon capture. It is supporting the Port of Rotterdam in its offer to supply Europe with 4.6 megatons of hydrogen by 2030. In addition, VTTI recently commenced its first new energies investment with the start of the construction of a state-of-the-art bio-energy facility in the Netherlands, producing green gas and organic fertilisers.
EIT InnoEnergy is the world’s largest investor in sustainable energy innovations, founded in 2010 and backed by the European Institute of Innovation and Technology (EIT). The EGHAC, which is supported by Breakthrough Energy, focuses on decarbonizing hard to abate industries (steel, fertilisers, chemicals, and heavy mobility) by setting up green hydrogen industrial players. A first lighthouse project is H2greensteel, where green hydrogen is used to produce low carbon steel. More recently EGHAC announced pHYnix, a commercial scale green hydrogen production facility in Spain. The European Commission is partnering with the EGHAC to bring innovative hydrogen projects faster and with less risk to market to meet the EU’s ambitions.
For more information visit www.vtti.com
