GREY:XEBEQ - Post by User
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ZouZS3on Feb 10, 2021 10:43pm
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German city hopes to repurpose old coal plant to produce H
German city hopes to repurpose old coal plant to produce H PUBLISHED FRI, JAN 22 202112:02 PM EST BY CNBC Four major firms signed a letter of intent Friday to develop a “mega-electrolyser” in the German city of Hamburg that would produce so-called “green” hydrogen. In December 2020, it was announced that Germany’s Federal Network Agency would compensate Vattenfall, which operates the plant and is one of the companies involved in the new plans, for the phase-out of the Moorburg plant. In addition to Vattenfall, the consortium consists of Shell, Mitsubishi Heavy Industries and municipal heat supplier Wrme Hamburg. If all goes to plan, green hydrogen production could start in 2025. “In the future, green hydrogen will play a very important role in the energy system and therefore also for us,” Fabian Ziegler, who is the managing director of Shell’s operations in Germany, said in a statement. The four companies involved will now look to apply for EU funding for their project, with their application set to be submitted in the first quarter of 2021. The plan also underlines a shift in policy inside Germany, which has been reliant on coal as a source of energy for many years. News of the plans for Hamburg comes at the end of a week in which two other European projects focused on green hydrogen production took shape. On Monday, it was announced that a subsidiary of German industrial giant Thyssenkrupp had been awarded an engineering contract to carry out the installation of an 88 megawatt water electrolysis plant for Hydro-Qubec. The electricity for this project will come from hydropower. https://www.cnbc.com/2021/01/22/hamburg-hoping-to-repurpose-old-coal-plant-to-produce-green-hydrogen-.html