Hydrogen will have to be shipped from Australia to Europe. (Image: AA+W – stock.adobe.com)
To achieve this goal, the partners have signed a Memorandum of Understanding in which both the parties undertake to conduct joint feasibility studies. In the next step, further details about the distribution of green hydrogen are to be clarified.
the goal of There will be a rapid ramp-up to 5 million tonnes in 2030. This should contribute to the decarbonization of the thousands of medium-sized companies in Germany and the Netherlands, as well as the cities and communities in Europe that E.One supplies. energy. The company expects “a rapidly growing demand for green, renewable hydrogen”, particularly among mid-sized companies. This interactive map shows you some of Germany’s most important hydrogen projects.
The governments of both countries support the partnership
E.on and Fortescue also want to work closely with their governments in Australia and Germany to see how quickly supplies can be rolled out. According to the companies, the partners’ common goal is to advance Europe’s decarbonization and strengthen the security of green energy supplies at a time when Europe needs to reduce its energy dependence on Russia as quickly as possible. 5 million tonnes per year of green, renewable hydrogen is equivalent to about a third of the thermal energy that Germany imports from Russia.
The MoU was signed in Berlin by Andrew Forrest, Chairman of Fortescue Future Industries, and Patrick Lammers, COO of E.One. Michael Kellner, Parliamentary Secretary of State in the Federal Ministry for Economic Affairs and Climate Protection, and Philip Greene, the Australian Ambassador to Germany, were present. The partnership between the two companies extends beyond the hydrogen agreement signed between Australia and Germany at the G7 meeting in June 2021. At the beginning of the year, plastics maker Covestro had already entered into an agreement with Fortescue to supply hydrogen. It was about 100,000 tons annually.
“The race to mass produce and transport green hydrogen has gained momentum,” said Robert Habeck, the federal minister for economic affairs and climate protection. The agreement between E.on and Fortescue puts the two companies in pole position to supply green hydrogen to German industry. “I can only congratulate the two companies and appreciate their contribution to a future without fossil fuels. We will continue to promote such initiatives as part of the German-Australian energy partnership.”