ITM Power

We have signed a capacity reservation with a large utility company, under which our customer has secured future production capacity for NEPTUNE II units, our 2 MW containerised plug & play electrolyser system. The reservation covers four NEPTUNE II units to be manufactured in 2025/2026 for a project in the UK. The project, for which HAR1 funding has already been secured, expects the Final Investment Decision (FID) by our customer in 2025. Dennis Schulz, CEO ITM, said: “This capacity reservation is the result of an intense qualification process by a large industrial player who is keen to buy a safe, reliable and cost-competitive solution. Data gathered from plants in operation were a key differentiator.” Read more…https://lnkd.in/eqCsWwZu   #hydrogen #greentech #manufacturing #energy

We are pleased to announce that we have signed a 500MW capacity reservation with a global industrial customer. This reservation secures future production capacity for the manufacturing of our state-of-the-art electrolyser stacks.   Dennis Schulz, CEO ITM, said: “Today’s announcement is a great example of how close collaboration will unlock competitive and successful green hydrogen projects. Following the already announced capacity reservation for 100MW from Shell, this agreement with yet another large-scale industrial customer is a validation of our technology and credibility to deliver.”   Find out more information - https://lnkd.in/exRGGH2p   #hydrogen #greentech #manufacturing #energy

Take a look behind the scenes how our 10MW electrolyser was integrated into Shell’s Rhineland Energy and Chemicals Park in Wesseling, Germany. This video gives insight into how and why this landmark project was developed and the roles of the consortium members Shell, SINTEF, Sphera, ERM and us.

The Clean Refinery Hydrogen for Europe (REFHYNE) project has successfully concluded with a final event in Wesseling, Germany, to celebrate and learn from the development and operation of this 10MW PEM electrolyser. This groundbreaking initiative was the largest operational PEM plant in the world for quite some time, and demonstrated the viability and potential of green hydrogen production in a refinery at an industrial scale. The event was a great opportunity to show prospective customers our electrolysers operating in an active refinery setting.    The achievements of the project, which saw much of the work take place during the global pandemic, highlight the dedication of all partners involved (Shell, SINTEF, Sphera and ERM), and ITM’s ability to deliver electrolyser projects even during the most testing of circumstances. Furthermore, the data gathered from REFHYNE proves ITM’s market-leading stack performance and operational flexibility.   REFHYNE has been a true lighthouse project that has made a substantial contribution to the industry and has already led to significant improvements in both the construction and operation of new electrolysers, paving the way for other such projects in the sector. The electrolysers will continue to provide Shell’s refinery with green hydrogen long into the future.   The demonstration project has been supported with €10 million from the Clean Hydrogen Partnership (formerly Fuel Cells and Hydrogen 2 Joint Undertaking, FCH JU) a public-private partnership supporting fuel cell and hydrogen energy technologies in Europe.   #hydrogen #greentech #refinery #energy

It was a pleasure today to join the CxO Round Table: Ready for Impact at ACHEMA 2024, alongside His Excellency Khalil Ibn Salamah, Vice Minister of Industry and Mineral Resources of Saudi Arabia, Jürgen Nowicki, CEO of Linde Engineering, and Vidya Ramnath, Senior Vice President and Chief Marketing Officer at Emerson. Our lively discussion was focused on what it takes to make the global energy transition a reality. Here some selected personal thoughts I contributed on stage: - The energy transition requires conviction. Not every investment will be risk-free, and not every business case will immediately live up to traditional investment criteria. - We need a stepwise approach to implementation, so that we can learn from real-world deployments to prove technological solutions. This will benefit all parties involved by increasing stakeholder confidence and enhancing the bankability of future projects. - Looking at green hydrogen and electrolysers in particular, we have to overcome the hen-egg-problem of heavy investments being needed for establishing high quality, highly automated manufacturing lines and production capacities - ahead of sufficient commercial demand. Without credible delivery capabilities, OEMs won't be qualified as suppliers into projects of industrial players though. At the same time, manufacturers need to manage their cash carefully, as a strong balance sheet is another important qualification criterion in the eyes of customers, especially for large-scale projects. - The technology is ready today, but in order to get to a well functioning hydrogen economy, government and industry need to orchestrate the synchronised build-up of its three dimensions, being a) the production of clean hydrogen, b) transport and storage infrastructure, and c) use cases. The hydrogen economy will only be as strong as its weakest link. Today, the main roadblock in my view is the connection of (potential) producers with offtakers - this is where many final investment decisions (FIDs) are stuck right now, especially of small to mid-size projects. A pipeline network, even the certainty of one coming, would unlock various FIDs today. - Despite high energy cost and inflation, we need FIDs now to enable the further scaling of production capacities. Governments are well advised to speed up permit and funding decisions, and to find the right balance in their carrot and stick approach, with the carrot being CAPEX or OPEX funding, and the stick being increasing carbon taxation. Pro-active investments into (cross-border) pipeline networks are essential, and some countries like Germany and the Netherlands are leading the way here. ITM Power #energy #hydrogen #energytransition #cleantech #saudiarabia #middleeast #europe #eu #uk

Following the inauguration of Yara International renewable hydrogen plant yesterday, the largest of its kind currently in operation in Europe, our Tech Talks on our shared stand with Linde Engineering are causing some excitement at ACHEMA 2024. Visit us in Hall 9.0 Stand D4 to take a look at a real TRIDENT electrolyser stack, learn more about NEPTUNE V - our new 5MW plug & play electrolyser, and talk to our teams about how Linde & ITM can help you decarbonise. #hydrogen #greentech #energy

🎊Yara's renewable hydrogen plant at Herøya, Norway is officially open!🎊 Today we celebrate a major milestone in our decarbonization journey as we're now producing renewable hydrogen and ammonia. We're also thrilled to share we've already delivered the first tonnes of fertilizers made from renewable ammonia produced at the plant to Lantmännen! 🎉 Yara's renewable hydrogen plant is the largest of its kind currently in operation in Europe, and here, hydrogen is produced with electrolysis of water and renewable energy, replacing natural gas as feedstock and annually cutting 41,000 tonnes of CO2 emissions from the site. ♻️ We’re also working to enable the hydrogen economy by producing low-carbon ammonia with carbon capture & storage (CCS). Essential to reach the Paris Agreement, low-carbon ammonia and CCS is a critical step to decarbonize rapidly and profitably. While Yara is uniquely positioned to deliver decarbonized solutions quickly and at scale, the green transition will require investments, predictable framework conditions, funding, affordable renewable energy, and a market where demand and supply are developed simultaneously. 🤝 We're honored to have partners and customers who share our vision, as this transformation requires efforts across the full value chain. Furthermore, this milestone wouldn’t have been possible without our greatest strength - our people. A huge thank you to all who are helping us bring our mission to life! 👏 Together, we can grow a nature-positive food future! 💚 Learn more 👉 https://lnkd.in/dASBQrRD

Today, the Norwegian Prime Minister, Mr Jonas Gahr Støre, inaugurated Yara International’s renewable hydrogen plant at Herøya Industrial Park, the largest of its kind currently in operation in Europe.   Utilising ITM’s state-of-the-art TRIDENT stack platform, the 24MW plant will provide enough green hydrogen to produce 20,500 tonnes of ammonia per year which can be converted to between 60,000 and 80,000 tonnes of green fertiliser.   Dennis Schulz, CEO of ITM, said: “It was an honour to attend the inauguration of the plant by the Prime Minister of Norway. Ammonia has long been used as a fertiliser but is typically produced from fossil fuels. Green ammonia offers significant potential, among other things, to decarbonise the agricultural sector. We are proud of our collaboration with Linde Engineering to deliver this groundbreaking project for Yara.”   #hydrogen #greentech #energy #electrolysis

Linde Engineering and ITM are sharing a stand at ACHEMA 2024 from 10th to 14th June! Visit us in Hall 9.0 Stand D4. Get up close to our real and market-leading TRIDENT stack, and talk to our experts about how our technology can help you decarbonise. We have daily Tech Talks scheduled and would love to see you there! #hydrogen #greentech #energy

It was a great honor to meet the Prime Minister of Japan, Fumio Kishida, in Tokyo today. Together with Japan’s Minister of Economy, Trade and Industry, Ken Saito, the European Commissioner for Energy, Kadri Simson, and selected senior business executives from Japan and Europe, we discussed hydrogen as a top priority for both regions. As early visionaries, Japan has been a strong supporter of hydrogen for decades. It was no coincidence that in 2017, Japan was the first country in the world to launch a national hydrogen strategy - an example many countries would follow. Today, Japan and the EU are among the most ambitious leaders in clean hydrogen. For a global hydrogen economy to become reality, and for hydrogen to become a globally traded commodity, both Japan and the EU acknowledge that a level playing field with a common set of fair rules and regulations is an essential precondition. In her address on the occasion of today’s “Japan-EU Hydrogen High-Level Business Forum”, President of the European Commission, Ursula von der Leyen, emphasised that it was important to bring key decision makers of both sides together at this point. Hydrogen technologies are ready - now it’s about final investment decisions (FIDs) by the private sector along unwavering public commitment and incentives. On a more personal note, the forum was marked by an inspiring “rolling up your sleeves” mentality, a joint desire to get stuff done, and an atmosphere of openness for partnership and collaboration. An important next step on our journey! Further Japanese representatives were: Hiroshi Ide (IHI Corporation), Hiroshi Majima (Iwatani Corporation), Hisahide Okuda (JERA Co., Inc.), Akihiro Nikkaku (Toray Industries, Inc.), Katsuhiko Kato (Mizuho), Takeshi Kunibe (Sumitomo Mitsui Banking Corporation – SMBC Group), Yoshifumi Murase (Commissioner of Agency for Natural Resources and Energy) Further European representatives were: Manfred Schuckert (Daimler Truck AG), Markus Exenberger (H2Global Foundation), Helle Kristoffersen (TotalEnergies), Andreas Lehmann (Hydrogenious LOHC), Jean-Eric Paquet (Ambassador of EU to Japan) ITM Power #japan #eu #energy #hydrogen #ccs #cleantech