PtX Development and KGAL sign contract for large-scale hydrogen project in Germany

This was announced by PtX Development at the WindEnergy trade fair in Hamburg. The parties have agreed not to disclose the amount of the investment.

The hydrogen plant is a large-scale electrolysis plant with an electrolysis capacity of more than 1 GW (1050 MW) and an annual hydrogen production of around 100 000 t. By comparison, the sustainable electrolysis capacity in the whole of Germany today is less than 1 GW. When completed, the plant will make a significant contribution to the reliable supply of large quantities of green hydrogen to industry, significantly reducing CO₂ emissions.

The first construction phase will realise an output of 210 MW. PtX Development has secured the site for the project and the collaboration of integrated energy supplier GP JOULE as the project developer. GP JOULE is also a shareholder in PtX Development.

Dr Alan Cadmus, Managing Partner of PtX Development GmbH, said: “Lubmin is a unique project. The site is one of the central hubs for the development of the hydrogen economy in Germany. The industry’s demand for green hydrogen is very high and will continue to rise sharply. The realisation of our project in Lubmin is therefore essential for the German and European economy.”

Thomas Engelmann, Head of Energy Transition at KGAL, said: “Together with the hydrogen core network, Lubmin will make a significant contribution to the decarbonisation of the German economy.”

The conditions in Lubmin are ideal for the production and commercialisation of green hydrogen. Several companies are working to build electrolysis plants on the site of the former Greifswald nuclear power station, which will become Germany's largest hydrogen hub.

One of the key assets is the direct access to the planned German hydrogen core network, the starting point of which is located on the neighbouring site: Gascade's FLOW project, which will be operational from 2025 and will provide access to the entire 9700 km network, will start there. The capacity of the pipeline significantly exceeds the potential volumes of hydrogen produced in Lubmin.

Also, there is sufficient access to green energy via the transformer station of the transmission system operator 50 Hz, in particular to the offshore wind farms that are directly connected to the transformer station.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/24092024/ptx-development-and-kgal-sign-contract-for-large-scale-hydrogen-project-in-germany/