decarbonfuse Icons/logo

Press Release

BP Announces Investment Decision for “Lingen Green Hydrogen” Project

Published by Todd Bush on December 20, 2024

bp has announced its final investment decision for the “Lingen Green Hydrogen” project, a major step forward in the industrial-scale development of green hydrogen in Germany. Supported by funding from the Important Projects of Common European Interest (IPCEI) programme, the 100 MW facility is expected to produce up to 11,000 tonnes of green hydrogen annually upon completion.

>> In Other News: Federal Energy Regulators to Assess Environmental Risks of Funding Northwest Hydrogen Hub

The plant, located adjacent to bp’s Lingen refinery, will connect directly to Germany’s hydrogen core network. It will be bp’s largest industrial-scale green hydrogen production facility worldwide and the first to be wholly owned and operated by the company. The green hydrogen will be supplied to bp’s refineries and industrial customers in the region, playing a crucial role in decarbonising production processes and supporting Germany’s energy transition goals.

Renewable electricity to power the electrolyser will be sourced through an offshore wind power purchase agreement (PPA), aligning with bp’s broader renewable energy strategy.

Patrick Wendeler, CEO of BP Europa SE, highlighted the project’s significance, stating: “This decision is excellent news for bp and the ramp-up of the hydrogen economy in Germany. The support from the federal government and the state of Lower Saxony through IPCEI funding has been instrumental in advancing this project. Lingen Green Hydrogen exemplifies bp’s disciplined and strategic approach to investing in hydrogen projects.”

Felipe Arbelaez, bp’s Senior Vice President for Hydrogen and CCS, underscored its value in emission reduction, saying:“This is another powerful example of how we can drive a lower-emission hydrogen future by collaborating with governments. Projects like Lingen Green Hydrogen create value for the region, partners, customers, and bp — including our refineries — while contributing to decarbonisation and supporting the transition to cleaner energy solutions.”

The project has secured funding through the IPCEI Hy2Infra Wave, designed to support the growth of the hydrogen industry across Europe. This investment aligns with bp’s broader strategy to expand hydrogen and carbon capture and storage initiatives, with plans for five to ten major projects globally by 2030.

Construction is scheduled to begin in 2025, with operations expected to commence by 2027. The project reinforces bp’s role as a leading player in Europe’s transition to a sustainable hydrogen economy.

Icons/external Source

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Companies

Latest issues

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration