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TotalEnergies Joins Forces with Air Liquide to Decarbonize its Refineries in Northern Europe with Green Hydrogen

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TotalEnergies (TTE) has partnered with Air Liquide to develop two major green hydrogen projects in the Netherlands, aiming to decarbonize its refineries in Northern Europe. The initiative will produce 45,000 tons of green hydrogen annually, primarily powered by the OranjeWind offshore wind farm (50% TotalEnergies, 50% RWE).

The partnership includes two key projects: 1) A joint venture with Air Liquide to build and operate a 250 MW electrolyzer near the Zeeland refinery, producing 30,000 tons of green hydrogen annually with a €600 million investment; 2) A tolling agreement for 130 MW of Air Liquide's ELYgator electrolyzer project, producing 15,000 tons of green hydrogen yearly for TotalEnergies' Antwerp platform.

These projects will reduce CO2 emissions by up to 450,000 tons annually across TotalEnergies' refineries in Belgium and the Netherlands, contributing to the company's goal of reducing its annual CO2 emissions by three million tons by 2030.

TotalEnergies (TTE) ha stretto una partnership con Air Liquide per sviluppare due importanti progetti di idrogeno verde nei Paesi Bassi, con l'obiettivo di decarbonizzare le proprie raffinerie nel Nord Europa. L'iniziativa produrrà 45.000 tonnellate di idrogeno verde all'anno, principalmente alimentata dal parco eolico offshore OranjeWind (50% TotalEnergies, 50% RWE).

La partnership include due progetti chiave: 1) Una joint venture con Air Liquide per costruire e gestire un elettrolizzatore da 250 MW vicino alla raffineria di Zeeland, producendo 30.000 tonnellate di idrogeno verde all'anno con un investimento di 600 milioni di euro; 2) Un accordo di tolling per il progetto ELYgator da 130 MW di Air Liquide, che produrrà 15.000 tonnellate di idrogeno verde annualmente per la piattaforma di TotalEnergies ad Anversa.

Questi progetti ridurranno le emissioni di CO2 fino a 450.000 tonnellate all'anno nelle raffinerie di TotalEnergies in Belgio e nei Paesi Bassi, contribuendo all'obiettivo dell'azienda di ridurre le proprie emissioni annuali di CO2 di tre milioni di tonnellate entro il 2030.

TotalEnergies (TTE) se ha asociado con Air Liquide para desarrollar dos importantes proyectos de hidrógeno verde en los Países Bajos, con el objetivo de descarbonizar sus refinerías en el norte de Europa. La iniciativa producirá 45,000 toneladas de hidrógeno verde anualmente, impulsada principalmente por el parque eólico offshore OranjeWind (50% TotalEnergies, 50% RWE).

La asociación incluye dos proyectos clave: 1) Una empresa conjunta con Air Liquide para construir y operar un electrolizador de 250 MW cerca de la refinería de Zeeland, produciendo 30,000 toneladas de hidrógeno verde al año con una inversión de 600 millones de euros; 2) Un acuerdo de peaje para el proyecto de electrolizador ELYgator de 130 MW de Air Liquide, produciendo 15,000 toneladas de hidrógeno verde anualmente para la plataforma de TotalEnergies en Amberes.

Estos proyectos reducirán las emisiones de CO2 hasta en 450,000 toneladas anuales en las refinerías de TotalEnergies en Bélgica y los Países Bajos, contribuyendo al objetivo de la empresa de reducir sus emisiones anuales de CO2 en tres millones de toneladas para el 2030.

TotalEnergies (TTE)는 네덜란드에서 두 개의 주요 녹색 수소 프로젝트를 개발하기 위해 Air Liquide와 협력하여 북유럽의 정유소를 탈탄소화하는 것을 목표로 하고 있습니다. 이 이니셔티브는 주로 OranjeWind 해상 풍력 발전소(50% TotalEnergies, 50% RWE)에 의해 연간 45,000톤의 녹색 수소를 생산할 것입니다.

파트너십은 두 가지 주요 프로젝트를 포함합니다: 1) Zeeland 정유소 근처에 250MW 전해조를 구축하고 운영하기 위한 Air Liquide와의 합작 투자로, 연간 30,000톤의 녹색 수소를 생산하며 6억 유로를 투자합니다; 2) TotalEnergies의 앤트워프 플랫폼을 위해 Air Liquide의 130MW ELYgator 전해조 프로젝트에서 연간 15,000톤의 녹색 수소를 생산하는 통행료 계약입니다.

이 프로젝트들은 벨기에와 네덜란드의 TotalEnergies 정유소에서 연간 최대 450,000톤의 CO2 배출량을 줄여, 2030년까지 연간 CO2 배출량을 300만 톤 줄이겠다는 회사의 목표에 기여할 것입니다.

TotalEnergies (TTE) s'est associé à Air Liquide pour développer deux grands projets d'hydrogène vert aux Pays-Bas, visant à décarboniser ses raffineries en Europe du Nord. L'initiative produira 45 000 tonnes d'hydrogène vert par an, principalement alimentée par le parc éolien offshore OranjeWind (50 % TotalEnergies, 50 % RWE).

Le partenariat comprend deux projets clés : 1) Une coentreprise avec Air Liquide pour construire et exploiter un électrolyseur de 250 MW près de la raffinerie de Zeeland, produisant 30 000 tonnes d'hydrogène vert par an avec un investissement de 600 millions d'euros ; 2) Un accord de péage pour le projet d'électrolyseur ELYgator de 130 MW d'Air Liquide, produisant 15 000 tonnes d'hydrogène vert par an pour la plateforme de TotalEnergies à Anvers.

Ces projets permettront de réduire les émissions de CO2 jusqu'à 450 000 tonnes par an dans les raffineries de TotalEnergies en Belgique et aux Pays-Bas, contribuant ainsi à l'objectif de l'entreprise de réduire ses émissions annuelles de CO2 de trois millions de tonnes d'ici 2030.

TotalEnergies (TTE) hat sich mit Air Liquide zusammengeschlossen, um zwei bedeutende grüne Wasserstoffprojekte in den Niederlanden zu entwickeln, mit dem Ziel, seine Raffinerien in Nordeuropa zu dekarbonisieren. Die Initiative wird jährlich 45.000 Tonnen grünen Wasserstoff produzieren, hauptsächlich betrieben durch den Offshore-Windpark OranjeWind (50% TotalEnergies, 50% RWE).

Die Partnerschaft umfasst zwei Schlüsselprojekte: 1) Ein Joint Venture mit Air Liquide zum Bau und Betrieb eines 250-MW-Elektrolyseurs in der Nähe der Raffinerie Zeeland, das jährlich 30.000 Tonnen grünen Wasserstoff mit einer Investition von 600 Millionen Euro produziert; 2) Eine Tolling-Vereinbarung für das 130-MW-ELYgator-Elektrolyseurprojekt von Air Liquide, das jährlich 15.000 Tonnen grünen Wasserstoff für die Plattform von TotalEnergies in Antwerpen produziert.

Diese Projekte werden die CO2-Emissionen in den Raffinerien von TotalEnergies in Belgien und den Niederlanden um bis zu 450.000 Tonnen jährlich reduzieren und damit zum Ziel des Unternehmens beitragen, die jährlichen CO2-Emissionen bis 2030 um drei Millionen Tonnen zu senken.

Positive
  • €600 million investment in green hydrogen production infrastructure
  • 450,000 tons annual CO2 emissions reduction in Belgian and Dutch refineries
  • 45,000 tons annual green hydrogen production capacity
  • Strategic partnership with Air Liquide strengthens market position
  • Progress toward 3 million tons annual CO2 reduction goal by 2030
Negative
  • High capital expenditure required for green hydrogen projects
  • Project completion timeline extends to 2029
  • Dependency on European and national subsidy programs for funding

Insights

This landmark partnership between TotalEnergies and Air Liquide marks a pivotal advancement in industrial-scale green hydrogen production, representing one of Europe's largest decarbonization initiatives in the refining sector. The €600 million investment demonstrates strong economic commitment to sustainable transformation.

The project's strategic significance extends beyond mere emissions reduction. By securing 45,000 tons of annual green hydrogen production capacity, TotalEnergies is effectively hedging against future carbon pricing risks while positioning itself as a leader in sustainable refining operations. The integration with the OranjeWind offshore wind farm creates a closed-loop renewable energy system, optimizing operational efficiency and cost structure.

The timing is particularly strategic, aligning with the EU's hydrogen strategy and potential carbon border adjustments. The 250 MW Zeeland electrolyzer and the ELYgator project participation represent significant scale in the emerging green hydrogen market, where early-mover advantages are crucial.

The phased implementation approach, with operations starting in 2027 and 2029, allows for technological maturation and potential cost reductions in electrolyzer technology. This project's scale could help drive down green hydrogen production costs, currently a major barrier to widespread adoption.

For investors, this represents a concrete step in TotalEnergies' energy transition strategy, demonstrating the company's ability to execute large-scale decarbonization projects while maintaining operational efficiency. The partnership structure with Air Liquide also distributes technical and financial risks effectively, while leveraging each company's core competencies.

  • 45,000 tons per year of green H2 produced by the OranjeWind offshore wind farm developed by TotalEnergies (50%).
  • 450,000 tons per year reduction of CO2 emissions from TotalEnergies’ Anvers and Zeeland refineries.
  • An electrolyzer jointly developed in the Netherlands with Air Liquide to supply the Zeeland refinery.
  • A tolling agreement on a second electrolyzer built and operated in partnership with Air Liquide to supply Antwerp platform.

PARIS--(BUSINESS WIRE)-- In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands, for the production and delivery of some 45,000 tons a year of green hydrogen produced using renewable power, generated mostly by the OranjeWind offshore wind farm, developed by TotalEnergies (50%) and RWE (50%). These projects will cut CO2 emissions from TotalEnergies’ refineries in Belgium and the Netherlands by up to 450,000 tons a year and contribute to the European renewable energy targets in transport.

Green hydrogen production by TotalEnergies and Air Liquide

The two companies have signed an agreement to set up a joint venture, equally held by TotalEnergies (50%) and Air Liquide (50%), which will build and operate a 250 MW electrolyzer near the Zeeland refinery. This project will enable the production of up to 30,000 tons of green hydrogen a year, most of which will be delivered to Zeeland’s platform. The electrolyzer will be commissioned in 2029 and will cut the site’s CO2 emissions by up to 300,000 tons a year. This project represents a global investment of around €600 million for both partners and has made requests for support under European and national subsidy programs. Project funding will also be sought by the partners.

Supplying TotalEnergies’ Antwerp platform with green hydrogen

In addition, as part of Air Liquide's 200 MW ELYgator electrolyzer project located in Maasvlakte (Netherlands), TotalEnergies has signed a tolling agreement for 130 MW to be dedicated to the production of 15,000 tons per year of green hydrogen for the TotalEnergies platform in Antwerp. Under this agreement, TotalEnergies will supply the renewable electrons produced by the OranjeWind project to Air Liquide to be transformed into green hydrogen. The project is expected to be operational by the end of 2027 and will reduce CO2 emissions at the Antwerp site by up to 150,000 tons per year.

“Following the first partnership agreement with Air Liquide to supply the Normandy refinery with green hydrogen, and the agreements to supply the Grandpuits and La Mède biorefineries with renewable hydrogen, the partnership with Air Liquide takes on a new dimension and marks a new step in TotalEnergies' ambition to decarbonize the hydrogen consumed by its refineries in Europe by 2030”, said Vincent Stoquart, President, Refining & Chemicals at TotalEnergies. “By supplying these two electrolyzers with renewable electricity from our offshore wind project in the Netherlands, TotalEnergies is leveraging its positioning as an integrated electricity company.”

“Flagship projects such as the ones we are announcing today, will play a key role in reducing emissions, particularly in hard-to-abate sectors such as industry and heavy mobility. We are proud to lead the way on European renewable and low-carbon hydrogen production, and to accompany TotalEnergies in their journey to decarbonizing their industrial assets. These two projects will complete the five Air Liquide low carbon units already in operation or construction in Europe. This illustrates our capacity to offer concrete solutions to our customers, to reach our carbon neutrality ambition by 2050, and to support Europe’s leadership ambition towards decarbonized growth. It also demonstrates the ability of Air Liquide to develop solid business models in the energy field of low carbon hydrogen”, said Emilie Mouren-Renouard, member of the Air Liquide Executive Committee, in charge of Europe operations.

TotalEnergies and the decarbonization of its European refineries

TotalEnergies is committed to reducing the carbon footprint of producing, converting and supplying energy to its customers. One of the pathways identified by the Company is using low-carbon hydrogen to decarbonize its European refineries, a move that should help reduce its annual CO2 emissions by around three million tons by 2030. In order to fully decarbonize the hydrogen used in its European refineries, TotalEnergies has already contracted over 170,000 tons of green hydrogen annually at: La Mède, Grandpuits and Normandy in France, Leuna in Germany and its refineries in Belgium and the Netherlands.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Relations Investisseurs : +33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TOTALENERGIES SE

FAQ

What is the total green hydrogen production capacity of TTE's new projects in the Netherlands?

The new projects will produce 45,000 tons of green hydrogen annually, with 30,000 tons from the Zeeland refinery project and 15,000 tons from the Antwerp platform project.

How much CO2 reduction will TTE achieve through these green hydrogen projects?

The projects will reduce CO2 emissions by up to 450,000 tons annually across TotalEnergies' refineries in Belgium and the Netherlands.

What is the investment value of TTE's Zeeland refinery joint venture with Air Liquide?

The joint venture project represents a global investment of approximately €600 million for both partners.

When will TTE's green hydrogen projects become operational?

The Antwerp project is expected to be operational by the end of 2027, while the Zeeland refinery electrolyzer will be commissioned in 2029.

How much green hydrogen has TTE contracted annually for its European refineries?

TotalEnergies has contracted over 170,000 tons of green hydrogen annually across its refineries in France, Germany, Belgium, and the Netherlands.

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