Unlocking the Potential of Green Hydrogen: BP and HyCC’s H2-Fifty Project Receives Dutch Government Funding

Unlocking the Potential of Green Hydrogen: BP and HyCC’s H2-Fifty Project Receives Dutch Government Funding

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The Dutch government has granted funding to BP and HyCC’s proposed 250MW green hydrogen project, H2-Fifty, in Rotterdam. This follows the European Commission’s recognition of H2-Fifty as an Important Project of Common European Interest for its contribution to decarbonizing European industries. The green hydrogen produced by the project will be used to reduce CO2 emissions from refineries, steel production, aviation, and shipping.

HyCC Chief Executive Stijn van Els expressed his gratitude for the support and recognition of H2-Fifty, saying it will help scale up the production of green hydrogen to achieve a net-zero economy. Karen de Lathouder, BP Chief Executive for the Netherlands added that H2-Fifty is part of BP’s mission to reimagine energy and they are looking forward to collaborating with HyCC and the Ministry of Economic Affairs and Climate Policy on this project.

Summary

  • BP and HyCC’s proposed 250MW green hydrogen project in Rotterdam, H2-Fifty, has been selected by the Dutch government to receive grant funding.
  • H2-Fifty proposes to produce green hydrogen that will be used to help decarbonize industry and heavy transport in the region.
  • BP and HyCC are collaborating with the Ministry of Economic Affairs and Climate Policy to realize Dutch green hydrogen ambitions.

What are the goals of H2-Fifty and how does it contribute to decarbonizing European industries?

The goal of H2-Fifty is to produce green hydrogen that will be used to decarbonize industry and heavy transport in the region, contributing to the European Commission’s vision of a net-zero economy./n
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Picture source: Stijn Hanegraaf


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