In order to pursue an offtake deal for compressed green hydrogen, Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), formerly Gazprom Germania GmbH, have signed a memorandum of understanding (MoU).
The firms are negotiating a long-term distribution and offtake of compressed hydrogen that will see hydrogen delivered directly to clients in Germany and North-West Europe from Gen2 Energy’s planned production facilities in Norway.
The compressed hydrogen will be shipped from Gen2 Energy’s production facilities along the Norwegian coast to port(s) in Germany, the Netherlands, and/or the United Kingdom in specially made containers and aboard a dedicated ship.
Within the following six months, the parties want to reach an agreement on a sales-purchase deal.
Their goal is to reach an agreement for an initial volume from Gen2 Energy’s first production plant in Mosjen and to investigate potential future mutually beneficial collaboration. Delivery is anticipated to begin in late 2025 or early 2026.
With the agreement, SEFE claimed it aims to provide hydrogen to clients at a time when Germany and Europe’s infrastructure are still in the early stages of development.