The Netherlands Enterprise Agency (RVO) has granted RWE a funding of 551 million euro for its 100-megawatt (nominal installed capacity) electrolysis project near the Magnum Power Station in Eemshaven in the north of the country. This has been awarded as part of the Sustainable Energy Production and Climate Transition Incentive Scheme (SDE++) run by the Dutch government.
Sopna Sury, Chief Operating Officer for Hydrogen at RWE Generation, said: “It is fantastic to have secured government funding so soon after also obtaining the necessary permits. Both milestones are critical steps towards realising of the OranjeWind Electrolyser project. Once operational, it will help advance the decarbonisation of industry in the Netherlands.”
RWE plans to power the electrolyser with green electricity generated by the OranjeWind offshore windfarm, which the company is currently building together with its joint venture partner TotalEnergies. Last October, the OranjeWind Electrolyser project received approval for construction and environmental permits.
The next project phases include Front End Engineering and Design, identification of construction partners and secure offtake before a financial investment decision for the OranjeWind electrolyser can be taken.
Hydrogen at RWE
Green hydrogen is a fundamental component of RWE’s investment strategy. The group is involved in all stages of the hydrogen value chain. Where regulation, support schemes, and sales potential are appropriate, the company develops, constructs, and operates electrolysers and enters import partnerships. Alongside its partners, RWE is driving hydrogen projects worldwide. In the Netherlands, RWE is developing opportunities to build electrolysers to supply green hydrogen in areas such as Rotterdam and Zeeland.
Pictures of hydrogen for media use are available at the RWE Media Centre (credit: RWE).
More information on the subject hydrogen can be found here.