A 50/50 joint venture between Phillips 66 and H2 Energy Europe, JET H2 Energy aims to deploy 250 stations across Europe by 2026.
The new Jet H2 Energy refueling network, which will serve both heavy and passenger vehicles, will rely heavily on the more than 1,000 stations operated by Phillips 66 under the JET brand. Specific sites may also be established, particularly in the vicinity of major highways.
The young joint venture intends to supply its stations with green hydrogen and plans to work closely with the various players in the sector. In particular, JET H2 Energy will rely on Hyundai Hydrogen Mobility, the exclusive European reseller of the Hyundai Xcient hydrogen fuel cell truck, to help identify the needs and areas where stations should be set up first.
To begin with, JET H2 Energy will focus its deployments in three countries: Germany, Austria and Denmark. The goal is to set up a network of 250 hydrogen stations by 2026.