Eneco joins the green hydrogen consortium NortH2 as an investment partner.
Green hydrogen is an important step in the implementation of Eneco’s One Planet Plan, which envisages being climate neutral by 2035, for Eneco and its customers.
Part of the plan is to phase out natural gas at customers’ premises and in electricity and heat production. In addition to NortH2, Eneco plans to further invest in green hydrogen. With NortH2 hydrogen can be made available on a large scale in the Netherlands in the future.
Eneco sees ample opportunities in NortH2 to make its production and supply of industrial customers more sustainable. NortH2 aims to make a solid contribution to the Dutch and European climate objectives through the rapid development of an integrated hydrogen chain from offshore wind energy to the production and storage of green hydrogen. The hydrogen will be produced for industrial sectors that find it difficult to electrify, or where hydrogen is a necessary raw material.
NortH2 aims to realize up to 4GW of electrolysers and matching capacity of offshore wind by 2030. On a project basis, this will reduce the use of natural gas by about 1.5 billion cubic meters per year. Depending on the application, the green hydrogen will reduce emissions 2.9 to 3.6 megatons of CO2 per year. NortH2 plans to continue to grow to a production of 1 million tons of green hydrogen per year by 2040.