Air Liquide Takes a Further Step in Developing the Hydrogen Sector in France
September 14 2023 - 1:47AM
Business Wire
- investment of over 400 million euros to build its Normand’Hy
electrolyzer to contribute to the decarbonization of the Normandy
industrial basin and mobility
- signature of an agreement with TotalEnergies to supply their
Gonfreville refinery with renewable and low-carbon
hydrogen.
Regulatory News:
On the occasion of the signing of a Memorandum of
Understanding to supply the TotalEnergies refinery in Gonfreville,
Normandy, France, with renewable and low-carbon hydrogen, Air
Liquide (Paris:AI) announces an investment of over 400 million
euros for the construction of its Normand’Hy electrolyzer, with a
capacity of 200 MW. The cooperation between Air Liquide and
TotalEnergies is part of the development of a renewable and
low-carbon hydrogen sector on the Axe Seine, to contribute to
decarbonizing industry in the Normandy region.
As part of this agreement, the Air Liquide Normand’Hy
electrolyzer will deliver to TotalEnergies’ refinery in
Gonfreville, over the long term, from the second half of 2026,
renewable and low-carbon hydrogen equivalent to an electrolysis
capacity of 100 MW. The remaining 100 MW will be dedicated to
customers in the Normandy industrial basin, as well as for the
development of low-carbon mobility.
To supply Air Liquide Normand’Hy, TotalEnergies will generate up
to 100 MW renewable electricity to power the electrolyzer, volume
corresponding to the hydrogen delivered to its refinery. For the
remainder of the electrolyzer’s electricity needs, Air Liquide
plans to sign long-term renewable Power Purchase Agreements (PPA),
completed with low-carbon energy from the French power grid.
Air Liquide Normand'Hy is the largest PEM electrolyzer ever
built. Based on Proton Exchange Membrane (PEM) electrolysis
technology, it will integrate equipment produced in the framework
of the joint venture between Air Liquide and Siemens Energy.
Avoiding up to 250,000 tons of CO2 emissions per year, it will be
located in the Port-Jérôme industrial zone in Normandy, France, and
will be part of Air Liquide’s local hydrogen network1.
Air Liquide Normand'Hy will represent an investment of over 400
million euros for the Group. Within the framework of the Important
Project of Common European Interest (PIIEC) approved by the
European Commission, the project has received the support of the
French government for an amount of 190 million euros, as part of
the "Plan de Relance".
Pascal Vinet, Executive Vice President and a member of
Air Liquide’s Executive Committee, supervising notably Europe
Industries activities, stated: “This Memorandum of Understanding
with TotalEnergies illustrates our ability to offer concrete
decarbonization solutions to our customers. Air Liquide Normand’Hy
will contribute to the decarbonization trajectory of our assets; it
is also in line with our commitment to accompany the industry and
mobility sectors in their path to reducing their carbon footprint.
Our collaboration with TotalEnergies also strengthens hydrogen
development in Normandy. Supported by the French State and the
European Union, the Air Liquide Normand’Hy project confirms our
commitment to develop renewable and low-carbon hydrogen production
by electrolysis technology at industrial scale.”
Bernard Pinatel, President, Refining & Chemicals,
TotalEnergies, added: “This partnership with Air Liquide marks a
new stage in TotalEnergies' ambition to decarbonize the hydrogen
consumed by its refineries in Europe by 2030. By powering the
electrolyzer with renewable electricity from solar and wind
projects, TotalEnergies is leveraging its position as an integrated
electricity player.”
As part of the Hy2Use Major Project of
Common European Interest (PIIEC) approved by the European
Commission, the project has received support from the French
government to the tune of 190 million euros, financed by the
European Union - Next generation EU and by the French government as
part of France 2030 and the “Plan de Relance”.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 73 countries with
approximately 67,100 employees and serves more than 3.9 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 29.9 billion euros
in 2022. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50, FTSE4Good and DJSI Europe indexes.
www.airliquide.com
1 The Air Liquide network already includes two production units
- the hydrogen unit at the TotalEnergies refinery in Gonfreville
and the hydrogen unit at Port-Jérôme, where the Group has installed
its CO2 capture solution CryocapTM.
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version on businesswire.com: https://www.businesswire.com/news/home/20230913065574/en/
Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
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