Joint venture announced 250 hydrogen refueling stations
A new joint venture consisting of Phillips 66 and H2 Energy Europe will start developing 250 hydrogen refueling stations across Germany, Austria and Denmark. The stations will open in the next four years.
“We are working to make hydrogen fuel stations more common for end-consumers to supply their vehicles with this form of energy”, according to a statement of Phillips 66. Together with the Swiss-headquartered H2 Energy they started a new joint venture to strengthen their forces.
Phillips 66 is an international company focusing on diversified energy manufacturing and logistics. It has a strong retail presence with more than 1,000 JET-branded stations in Europe.
Swiss-headquartered H2 Energy is one of the leading hydrogen providers in Europe with investments in the production, distribution and utilization of green hydrogen.
H2 Energy was the first to develop and deliver hydrogen fuel cell trucks to commercial users.
“The hydrogen is produced from 100% percent renewable energy, including hydropower, wind, sun, biomass and geothermal energy”, Phillips 66 states.
Hydrogen fuel is completely CO2-free. Water is the only emission produced by hydrogen, which is converted into electricity in a vehicle fuel cell. But to make hydrogen fuel you need a lot of electricity.
“We consider hydrogen and fuel cell technology an enabler of the energy transition”, says Rolf Huber, founder of H2 Energy. “It buffers excess electricity production, and stores and distributes energy that has been produced by renewables,”
Together, Phillips 66 and H2 Energy want to develop a retail network, “bringing together hydrogen supply, refueling logistics and vehicle demand.” They aim to supply the retail refueling network with green hydrogen, as available.
Major transport routes
The joint venture also commissioned the world’s first H2 series truck from Hyundai, two years ago. By the end of this year, eight hydrogen-powered trucks will be on the road. Their actieradius will be more than 400 km.
The new hydrogen stations will mainly be based in Germany, Austria and Denmark, with a focus on major transport routes.
In order to get enough power for this transition, H2 Energy recently unveiled a plan to build a 1-gigawatt electrolysis plant in Denmark. This new plant will have a capacity of up to 90,000 metric tons a year and will mainly be powered by offshore wind.
In autumn last year, Phillips 66 announced a similar joint venture with American company Plug Power Inc in order to expand the use of hydrogen fuel in the USA.