Energy: Against the trend: EWE and Verbund plan hydrogen electrolyser on an industrial scale
New hope for the hydrogen market: The energy company and power producer are pushing ahead with an electrolysis project - under one condition.
EWE AG and Verbund AG are planning to build an electrolyser in Wesermarsch, Germany, to produce green hydrogen with a capacity of up to 500 megawatts. The project, set to start in 2032, aims to provide climate-neutral hydrogen for the industry, mobility, and energy sectors. The investment decision is pending and depends on approval from the EU Commission, which has been criticised for its strict regulations on renewable energy sources for hydrogen production.
The EU's criteria for "additionality" and "simultaneity" have been cited as major hurdles for the project's profitability.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
