Wednesday 9 February 2022

New joint venture to develop hydrogen refuelling network in EU countries

A new joint venture that aims to develop a hydrogen refuelling network in Austria, Denmark and Germany by 2026 has been announced.

Phillips 66 and H2 Energy Europe have committed to develop up to 250 retail stations for hydrogen refuelling across the three countries through a 50:50 partnership through their subsidiaries – UK-based Phillips 66 Limited and H2 Energy Group AG.

H2 Energy, through its affiliated companies, is claimed to be the first to develop and deliver hydrogen fuel cell trucks to commercial users and create a green hydrogen fuelling system in Switzerland.

The subsidiaries will leverage their capabilities to develop a retail network, bringing together hydrogen supply, refuelling logistics and vehicle demand.

Brian Mandell, Phillips 66 Executive Vice President, Marketing and Commercial said: “At Phillips 66, we believe that expanding access to hydrogen is critical to achieving a lower carbon future.

“We’re excited to join forces with H2 Energy, which has demonstrated success in developing technology assets across the hydrogen value chain.”

H2 Energy recently unveiled plans to build a 1GW electrolysis plant in Denmark, capable of generating up to 90,000 metric tons a year of green hydrogen from electricity sourced from offshore wind farms.