TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030, the companies said in a statement.
This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonise TotalEnergies’ European refineries, they added.
Under this agreement, Air Products will deliver at TotalEnergies’ Northern European refineries’ doorstep, green hydrogen from Air Products’ global supply network.
“This hydrogen will avoid around 700,000 tons of CO₂ each year. The contract awarded to Air Products is a first step towards achieving TotalEnergies’ objective of reducing net greenhouse gas emissions from its operated oil and gas operations (Scope 1+2) by 40% by 2030 compared to 2015 levels,” the companies explained in the statement.
“This deal with Air Products, the first signed following the call for tenders launched last year, is a steppingstone towards our goal of decarbonising the hydrogen used in TotalEnergies’ refineries in Northern Europe by the end of the decade,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies.
TotalEnergies and Air Products have also signed a memorandum of understanding for the supply of renewable power, which includes the signing of a first Power Purchase Agreement (PPA) for 150 MW produced at a solar project in Texas.
The companies said they plan to explore together further PPA opportunities in the UK, Poland and France.
