On Thursday, as part of the French oil major’s aim to decarbonize its European refineries, TotalEnergies published a call for bids for the yearly generation of 500,000 tonnes of “green” hydrogen.
Green hydrogen, created using renewable energy, will replace “grey” hydrogen in the company’s carbon-intensive industrial operations as part of the company’s strategy to reduce emissions by employing green hydrogen.
According to TotalEnergies (TTEF.PA), the shift to green hydrogen will lower emissions from the company’s European refineries by about five million metric tons of CO2 annually. These refineries include the company’s three oil and two biorefineries in France.
According to the information provided, the invitation to submit bids will supplement existing, more modest, local initiatives.
Additionally, the company revealed that they have reached a deal with Air Liquide to provide the Gonfreville refining platform with up to 15,000 tonnes of green and other low-carbon hydrogen. This will result in a reduction of 150,000 metric tons of carbon emissions per year.
“We are in desperate need of electrolyzers in large numbers. During a presentation, Jean-Marc Durand, head of petrochemical refining in Europe for TotalEnergies, informed the media that this is also the goal of the call for tenders: to boost this industry.
“We speak a lot about clean hydrogen, but at some point, players like us need to commit to getting these industries off the ground by launching big calls for tender. It is necessary for there to be a scaling effect. He continued by saying that it is the central focus of our effort.
According to Sébastien Bruna, director of hydrogen at the refining division of TotalEnergies, the company is counting on different European rules and incentives to acquire “competitive” pricing for green hydrogen, which generally costs two to three times as much as grey hydrogen. This is something that the group is betting on to obtain “competitive” prices.
This week, parliamentarians from the European Union gave their final consent to legally enforceable aims to increase renewable energy quicker this decade. As part of this agreement, France was granted a concession that allowed nuclear power to be included in hydrogen generation.
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