- The project includes a €2bn investment in green hydrogen.
- The 100MW electrolyser will produce green hydrogen for green ammonia and methanol.
- The project aims to reduce carbon emissions by 120,000 tonnes per year.
- It has passed the first selection phase of the IPCEI process.
Project Overview
INEOS, through its subsidiary INOVYN, plans to build a 100MW electrolyser to produce green hydrogen at its Koln site in Germany. This initiative is part of a broader €2bn investment in green hydrogen announced by INEOS.
Environmental Impact
The project aims to reduce carbon emissions at the Koln site by over 120,000 tonnes annually. The green hydrogen produced will be used in the production of green ammonia, contributing to a significant reduction in global greenhouse gases.
Technological Developments
In addition to green ammonia, the project will develop E-Fuels through Power-to-Methanol applications, further decarbonizing chemical value chains. This involves using carbon capture in combination with green hydrogen to produce sustainable methanol and its derivatives.
Local and Industrial Benefits
Hydrogen from the project will also support other INEOS processes at the site, the chemical park operator Currenta, and other regional users, enhancing local sustainability efforts. The project has successfully passed the first selection phase of the IPCEI (Important Projects of Common European Interest) process.
Future Prospects
This development is part of INEOS's broader strategy to support the demand for green hydrogen, replacing carbon-based energy sources, feedstocks, and fuel. Government support and a suitable regulatory framework are essential for realizing this investment.
