Phillips 66 joins Europe hydrogen fuelling station JV
US refiner and H2 Energy Europe aim to roll out refuelling network across Germany, Austria and Denmark
US refiner Phillips 66 and Switzerland-based H2 Energy Europe have jointly committed to develop up to 250 retail hydrogen refuelling stations across Germany, Austria and Denmark by 2026. The project will be developed via a 50/50 joint venture (JV) between subsidiaries of the two companies. H2 Energy is a JV between Singapore-based commodity trading firm Trafigura and H2 Energy Holding AG. The project, which will require government support, will involve the development of a retail network, bringing together hydrogen supply, refuelling logistics and vehicle demand. The refuelling network will be supplied with green hydrogen “as available”, the companies say. “We believe that expanding access
Also in this section
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Green hydrogen presents unique costs challenges as government looks to replicate country’s long-standing success as an exporter of iron ore and other natural resources
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE