In order to assist enterprises in Central Germany in reducing their CO2 emissions, the Dutch hydrogen firm HyCC and the German gas utility VNG AG have established the project “GreenRoot” for the development of large-scale green hydrogen generation. In order to do this, the two businesses penned a Memorandum of Understanding (MoU) at an existing electrolysis plant in Bitterfeld.
The businesses will begin by conducting research on the viability and potential of producing green hydrogen to decarbonize industries in Central Germany. In the next three to five years, it is intended to establish one or more industrial-scale electrolysis operations in the area.
Utilizing the electrolysis technique, green hydrogen is created from water and renewable power. No CO2 or other hazardous pollutants are produced by this. Because it can be used to generate things like steel, aviation fuel, and necessary chemicals and raw materials without CO2 emissions, hydrogen is key to achieving German and European climate targets. The sizable chemical industry and potential market for green hydrogen are both located in central Germany.
HyCC CEO Stijn van Els: “Central Germany has a long history in the industry. We significantly contribute to the transformation of these businesses toward a more circular, sustainable model based on green hydrogen by fusing our expertise in electrolysis with VNG’s experience in delivering sustainable energy to the area.
CEO of VNG AG Ulf Heitmüller: “We are delighted to be working with HyCC. Green hydrogen, a climate-friendly, and CO2-neutral energy source is the energy of the future. Therefore, it is crucial to speed up the production of green hydrogen through initiatives like these. To enable the German energy transition, we need hydrogen-based industrial scale solutions. The best place for this is in Central Germany, where we are from. With green gases, we are moving further away from our natural gas foundation as VNG.