McPhy Energy

McPhy to equip the largest zero-carbon hydrogen site in Europe

 Press release

McPhy to equip the largest zero-carbon hydrogen site in Europe

• The first zero-carbon hydrogen plant on this scale to be implemented in Europe, with a production capacity of 3,000 tons per year (20 MW)
• A project initiated by Nouryon and Gasunie, two leading industrial groups, to be installed in Delfzijl, the Netherlands
• Reducing CO₂ emissions by up to 27,000 tons per year, pointing towards the decarbonization of the industry sector

La Motte Fanjas (France), January 22, 2020 – 08:00 am CET – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, today announces it has been selected to equip the largest electrolysis plant for zero-carbon hydrogen production, the first of its kind and on this scale in Europe.

Laurent Carme, Chief Executive Officer of McPhy, states: “We are proud of the trust we received from Nouryon and Gasunie, two major industrial groups. The size and scope of this unique project, as well as its deep integration into our customers’ processes, represent a major step change for McPhy and more globally for the hydrogen market. Now is the time to scale-up and industrialize clean hydrogen production technologies to lower their costs and boost the rise of a clean, secure and cost-competitive hydrogen ecosystem.”

Marcel Galjee, Energy Director at Nouryon Industrial Chemicals, adds: “Green hydrogen is a cornerstone of building a sustainable, circular economy. Nouryon is already a leader in electrolysis in Europe and with the technology from McPhy we are one step closer to competitive large-scale production of green hydrogen for a more sustainable future.”

The first large-scale zero-carbon hydrogen project to be implemented in Europe

The 20 MW hydrogen production platform will be designed, manufactured and integrated by McPhy with its innovative electrolysis technology “Augmented McLyzer” and will convert green electricity by electrolysis into 3,000 tons of clean hydrogen per year. This will be used to produce bio methanol and will contribute to reducing CO₂ emissions by up to 27,000 tons per year.

This project, initiated by Nouryon, a leading specialty chemical company, and Gasunie, a gas infrastructure company, is a front-runner among hydrogen initiatives with the objective of reducing carbon emissions.

The project’s value chain breaks down as follows:

• Conversion of electricity from renewable sources into zero-carbon hydrogen (by the 20 MW electrolysis platform developed by McPhy);
• Transport of hydrogen from the point of production to the point of consumption;
• Production of clean methanol.

The proposed clean hydrogen project will be funded by an €11m EU grant from the Fuel Cells and Hydrogen Joint Undertaking (FCH-JU) as well as an additional €5m in subsidies from Waddenfonds, a fund that invests in projects in the Netherlands.