Cepsa Selects Thyssenkrupp Nucera as Preferred Supplier of a 300-MW Electrolyzer for Green Hydrogen Plant in Spain
05.14.2024 By Tank Terminals - NEWS

May 14, 2024 [Business Insider]- Thyssenkrupp Nucera is the preferred supplier of a 300-megawatt (MW) electrolyzer for Cepsa’s green hydrogen plant in Spain. Under an agreement announced at the World Hydrogen Summit in Rotterdam, the Spanish energy company Cepsa has awarded the electrolyzer specialist a contract to provide a basic engineering design package. Thyssenkrupp Nucera, one of the world’s leading supplier of high-efficiency alkaline water electrolysis technology, will assist in the design and engineering of the facility through to the Final Investment Decision (FID). The project will use 15 of Thyssenkrupp Nucera’s standardized scalum electrolyzer units with a capacity of 20 MW each.

 

The first phase of the project is a green hydrogen production plant at Cepsa’s La Rabida Energy Park in Palos de la Fronter (Huelva) as part of their partnership with Fertiberia. With a production up to 47,000 tons green hydrogen per year, it will form part of Cepsa’s wider plans to develop 2 gigawatt of green hydrogen capacity in southern Spain by 2030. “They are very pleased to be working with an innovative partner to create one of the largest hydrogen valleys in Europe and to contribute to Cepsa’s path to a gigawatt capacity,” says Dr. Werner Ponikwar, CEO of Thyssenkrupp Nucera.

Cepsa is developing the Andalusian Green Hydrogen Valley as part of an ecosystem of European alliances, Europe’s largest green hydrogen hub to be developed. The company is one of the first movers in the creation of a green hydrogen economy in Spain, forging partnerships for a value chain that can scale up as demand grows. As part of this new market, there will be opportunities to develop assembly capability for electrolysis equipment in Spain, generating employment and protecting Europe from exposure to shortages of key equipment and long lead times from competitive markets.

“This is a decisive step in their Positive Motion Strategy as they move to become a leading producer of green hydrogen, developing vitally needed clean energy solutions for industry and heavy transport in Spain and across Europe. Their aimed work with Thyssenkrupp Nucera brings together leading European businesses to create a European green hydrogen supply chain and accelerate decarbonization across the continent,” says Carlos Barrasa, Cepsa’s Executive Vice President of Commercial and Clean Energies.

The green electricity required for the production process is to come from solar and wind energy, which is plentiful in southern Spain, making it one of the most competitive places in Europe for green hydrogen production. The region also has access to strategic ports, forming the basis for the maritime corridor that Cepsa has set up with partners to transport the hydrogen between southern and northern Europe, ensuring decarbonization solutions across the continent.

“Thyssenkrupp Nucera’s alkaline water electrolysis developed with their engineer’s industrial DNA is again the key to transform renewable energy into green hydrogen to decarbonize hard to abate industries. This project with Cepsa once again demonstrates the strong confidence of leading industrial players in their technology,” says Dr. Christoph Noeres, Head of Green Hydrogen of thyssenkrupp nucera.

Thyssenkrupp Nucera’s technology will be used for important green hydrogen projects over the globe. For example, the electrolysis specialist is supplying scalum modules with a total capacity of more than 700 MW for the green steel plant of H2 Green Steel in Sweden. Air Products in Saudi Arabia will use Thyssenkrupp Nucera’s electrolyzer units for its more-than-2-gigawatt electrolysis plant at Neom in Saudi Arabia. Currently, Thyssenkrupp Nucera is supplying over 3 gigawatts of electrolyzer capacity.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Tangier Island Awarded $2.3 Million Grant for Fuel Storage
06.20.2024 - NEWS
June 20, 2024 [National Fisherman]- Tangier Island, Va., sits in the middle of Chesapeake Bay wit... Read More
Sweco Supports VoltH2 in Design and Development of New Green Hydrogen Plant in The Netherlands
06.20.2024 - NEWS
June 20, 2024 [Public Now]- The European energy company VoltH2 has selected Sweco as its partner ... Read More
ONEOK Completes Acquisition of Gulf Coast NGL System
06.20.2024 - NEWS
June 20, 2024 [ONEOK]- ONEOK, Inc. announced that it has completed its acquisition of a system of... Read More
Phillips 66 Refining Margins Tighten on TMX Expansion Start-Up
06.20.2024 - NEWS
June 20, 2024 [Market Screener]- U.S. refiner Phillips 66 said on Tuesday its margins have tighte... Read More