Under the agreement, Air Products will deliver green hydrogen to the doorstep of TotalEnergies’ Northern European refineries from its global supply network. This hydrogen is expected to avoid around 700,000 tons of CO₂ emissions each year. The contract awarded to Air Products is a first step towards achieving TotalEnergies’ goal of reducing net greenhouse gas emissions from its operated oil and gas operations (Scope 1+2) by 40% by 2030 compared to 2015 levels.
“This deal with Air Products, the first signed following the call for tenders launched last year, is a steppingstone towards our goal of decarbonizing the hydrogen used in TotalEnergies’ refineries in Northern Europe by the end of the decade,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “We are proud to partner with Air Products, a pioneer in low carbon hydrogen production, under the leadership of Seifi Ghasemi. Once again, we demonstrate our capacity to pioneer the energy transition and contribute to the emergence of a green hydrogen industry by offering long-term contracts with our six refineries and two biorefineries in Europe. We are also happy to extend our partnership with Air Products by becoming ourselves a supplier of green power to Air Products and contributing to Air Products’ own decarbonization roadmap.”
“Today, one of the largest energy companies in the world has committed to use renewable hydrogen to decarbonize its refineries in Northern Europe, and we at Air Products are honored and proud to be the producer and supplier of the green hydrogen required,” said Air Products’ Chairman, President and CEO Seifi Ghasemi. Noting that Air Products embarked on the journey of producing clean hydrogen seven years ago, Ghasemi added: “We always believed that if we made clean hydrogen available at commercial scale, the demand would be there. This contract validates our long-term strategy. Clearly the demand is here, and it will grow significantly as we move forward, playing an essential role in decarbonizing heavy industry and other sectors. I also want to express my admiration for Mr. Patrick Pouyanné’s vision and courage in acting as a first-mover towards creating a cleaner future for the world.”
At the same time, TotalEnergies and Air Products have signed a memorandum of understanding for the supply of renewable power, which entails the signing of a first Power Purchase Agreement (PPA) for 150 MW produced at a solar project in Texas. The parties also plan to explore together further PPA opportunities in the UK, Poland, and France. This agreement, which strengthens the partnership between TotalEnergies and Air Products, will contribute to Air Products’ decarbonization roadmap and is in line with TotalEnergies’ integrated electricity strategy along the value chain.
