Energy firms bet big on German port as clean energy hub

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Energy firms bet big on German port as clean energy hub
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Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 billion to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas

, which is operated by state-controlled Uniper, Wilhelmshaven is also where TES is due to bring another FSRU into service by the end of this year.And while Wintershall Dea will not get involved in LNG, it wants to repurpose some Norwegian pipeline gas imports for hydrogen production, capturing carbon dioxide from the process and exporting it in liquefied form for permanent subsea storage.

To lessen their bills, the companies will tap funds under the European Union's Projects of Common Interest funding scheme, hoping for grants to the tune of 30-50%, said Oppitz.Paper maker PKV, a big employer 13 kilometres south of Wilhelmshaven, plans a new factory that working with the port projects could perhaps use waste heat from planned electrolysis plants that produce green hydrogen from renewable electricity.

The Wilhelmshaven business promotion agency estimates that the region could produce more than 30 terawatt hours of hydrogen a year from 2030. This alone would represent a quarter of Germany's demand for green hydrogen at that date, namely 95-130 TWh, according to its national hydrogen strategy.He rejected suggestions that carbon capture and storage strategies are simply a way for fossil fuels to survive.

Gundolf Schweppe, chief executive of Uniper Energy Sales said it plans to bring up to 2.6 million tonnes of green ammonia into Wilhelmshaven a year in the second half of this decade.

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