Air Products has signed a joint development agreement with Gunvor for the construction of a green hydrogen import terminal in Rotterdam port by 2026.
Produced using renewable sources of energy, green hydrogen is seen as crucial in transitioning to cleaner energy.
The terminal will be built at Gunvor’s site in the Europoort industrial area of the port.
These two entities intend to get ammonia produced from renewable sources outside the Netherlands and transform it to hydrogen at the site prior to distributing it into Germany, Belgium and the Netherlands.
The firms did not divulge details about the potential costs, though they plan to seek funding as an “Important Project of Common European Interest”.
The designation of ‘Important Project of Common European Interest’ exempts projects from European Union state aid rules.
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By GlobalDataThis agreement is the second announcement of intention this year to build such a terminal.
Gasunie, a Dutch gas network operator, Vopak, a storage company, and HES International also announced plans in April this year to build an ammonia terminal at Rotterdam port, reported Reuters.
This terminal is also expected to be built by 2026.
Gasunie announced that it would be investing $4.2bn over a period of seven years to develop hydrogen infrastructure.
During the same month, Rotterdam port and Chariot announced plans to establish supply chain to import green hydrogen and ammonia from Mauritania.
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Image: The green hydrogen import terminal will be built at Rotterdam port by 2026. Credit: David Mark from Pixabay.