Advancing Green Energy Policies
TotalEnergies has signed agreements with RWE to acquire a 50% stake in the OranjeWind offshore wind farm in the Netherlands. This 795 MW project will produce renewable electricity dedicated to powering 350 MW electrolyzer projects. These will generate about 40,000 tons of green hydrogen annually, aiding the decarbonization of TotalEnergies’ refineries in Northern Europe.
Decarbonizing Refineries
TotalEnergies plans to cut its European refineries’ hydrogen-related CO₂ emissions by 5 million tons per year by 2030. The company will use its share in OranjeWind to produce green hydrogen via electrolysis, replacing current hydrogen consumption. This shift will prevent approximately 400,000 tons of CO₂ emissions annually. This project aligns with TotalEnergies’ goal to reduce its net greenhouse gas emissions by 40% by 2030, compared to 2015 levels.
Innovative Offshore Wind Project
Located 53 km off the Dutch coast, the OranjeWind project was secured by RWE in the 2022 Dutch Hollandse Kust West VII tender. RWE committed to developing electrolyzers, a venture now shared with TotalEnergies. Besides green power and hydrogen production, OranjeWind will stabilize the Dutch grid with its electric boilers and battery storage. Construction is set to begin in 2026, with full commissioning expected by early 2028.
Strategic Collaboration
“We are excited to collaborate with RWE, a key player in renewables, to develop green hydrogen production for decarbonizing our northern European refineries,” said Stephane Michel, President Gaz Renewables & Power, and Bernard Pinatel, President, Refining & Chemicals, TotalEnergies. “This innovative project showcases our pioneering role in the energy transition in Europe.”
Sven Utermöhlen, CEO RWE Offshore Wind, added, “The Netherlands is a strategic market for growing our green portfolio. Partnering with TotalEnergies, we will realize our first offshore wind project in the Netherlands and enhance system integration. This collaboration supports the Dutch energy system of the future, tackling intermittent wind generation and flexible energy demand. We are committed to helping the Netherlands meet its decarbonization targets.”
About RWE and TotalEnergies
RWE is a global leader in renewable energy, aiming to invest €55 billion worldwide between 2024 and 2030. The company plans to grow its green portfolio to over 65 GW of generation capacity by the end of the decade, fully aligned with the 1.5-degree reduction pathway. TotalEnergies is dedicated to achieving net zero by 2050, building a competitive portfolio of renewables and flexible assets. The company’s offshore wind portfolio has a total capacity of more than 16 GW, with projects across the UK, South Korea, Taiwan, France, the US, and Germany.
TotalEnergies is committed to providing sustainable energy to as many people as possible, with sustainability at the core of its strategy, projects, and operations. Active in about 120 countries, TotalEnergies aims to be a leader in the global energy transition.
Source：businesswire.com
