Air Liquide Receives Support From Dutch State for Two Large-scale Electrolyzer Projects in the Netherlands
December 21 2022 - 11:45AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) welcomes the Dutch State
decision to support its large-scale renewable hydrogen projects,
named ELYgator and CurtHyl, through the Important Project of Common
European Interest (IPCEI) Hy2Use program. These electrolyzer
projects, which will each have a capacity of 200 MW, will
significantly contribute to the decarbonization of the Dutch and
neighboring countries’ industry and support the growth of clean
mobility markets.
Both electrolyzers will run on renewable electricity. The two
projects will produce a total of around 30,000 tonnes of renewable
hydrogen per year without generating any CO2 emissions. Compared to
a traditional process, this will avoid the emission of more than 5
million tonnes of CO2 over the period of operation. The
ELYgator project will be located in Terneuzen, the
Netherlands. The CurtHyl project will be located at the
Maasvlakte 2 conversion park in Rotterdam, the Netherlands. Those
two world scale electrolyzers will be integrated into the existing
Air Liquide portfolio of assets and enable the supply of low-carbon
hydrogen to multiple customers of the industry and the mobility
markets.
Pioneering projects such as ELYgator and CurtHyl contribute to
the national and European climate ambitions as hydrogen will play a
key role in decarbonization, particularly for hard-to-abate
industry and mobility sectors. The grant award is a major step
towards the final investment decision, with both projects subject
to regulatory approvals.
Pascal Vinet, Senior Vice President and a member of Air
Liquide’s Executive Committee, supervising notably Europe
Industries activities, said: “Air Liquide is very pleased with
the Dutch authorities’ recognition of the uniqueness of its two
renewable hydrogen flagship projects in the Netherlands. The Group
remains more than ever committed to making low-carbon hydrogen a
driving force of the energy transition, as part of our strategic
plan, ADVANCE.”
The ELYgator project has received support from the EU’s
Innovation Fund. The Innovation Fund is 100% funded by the EU
Emissions Trading Systems. Views and opinions expressed are however
those of Air Liquide only and do not necessarily reflect those of
the European Union or CINEA. Neither the European Union nor the
granting authority can be held responsible for them.
The ELYgator and CurtHyl projects are supported by the subsidy
program IPCEI Hydrogen that the Dutch Enterprise Agency carries out
on behalf of the Ministry of Economic Affairs & Climate.
About Air Liquide
Benelux
Air Liquide in Benelux comprises subsidiaries active in the
production, distribution, and sale of industrial and medical gases,
technologies and services of the Air Liquide Group. Founded in
Belgium in 1906 and in the Netherlands in 1913, Air Liquide
currently operates 22 industrial sites throughout the Benelux. The
Group currently employs more than 1,200 people in this region, all
activities taken together, and it supplies more than 122,000
customers and patients.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
www.airliquide.com Follow us on Twitter
@airliquidegroup
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