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MIL OSI Translation. Region: Germany / Deutschland –

Source: Federal Ministry for Economic Affairs and Energy

16/12/2020 – Press release – European and international energy policy


Federal Minister of Economics Peter Altmaier today handed over a funding decision for the further development of electrolysis components in a project for green hydrogen in Saudi Arabia to the CEO of thyssenkrupp AG, Martina Merz. This makes the PtX project the second international hydrogen project to be funded under the National Hydrogen Strategy (NWS) with funds from the economic stimulus package. Federal Minister Altmaier: “The production of green hydrogen is complex and technologically challenging. German companies are among the world leaders in this innovative technology. I am therefore particularly pleased that thyssenkrupp has been selected as an experienced technical partner for the “Element One” project within the framework of NEOM’s hydrogen innovation and development center in Saudi Arabia. Demonstrating the know-how of German technology companies and developing and optimizing them for industrial scaling is also the declared aim of the National Hydrogen Strategy and the economic stimulus package. With the funding commitment to thyssenkrupp, we not only support the global market ramp-up of hydrogen and thus international climate protection, but also contribute to strengthening Germany as an industrial and export location. “Thyssenkrupp Uhde Chlorine Engineers is supplying the electrolyser for the green hydrogen project” Element One “In NEOM, a future region currently under construction in north-west Saudi Arabia. The project intends to use a 20 megawatt module for water electrolysis for the production of green hydrogen for the first time, which will then be used for various applications and for further processing in NEOM. By 2025, the large-scale production facility “Helios Green Fuels Project” for green Hydrogen and ammonia with a capacity of 650 tons of hydrogen and 3000 tons of ammonia per day are created based on up to 4 gigawatts of solar and wind energy. The ammonia produced in NEOM is to be shipped internationally and, after being converted back to hydrogen, used in the transport sector, among other things. In addition to NEOM itself, the Saudi company ACWA Power and the US company Air Products & Chemicals are involved in the project. In June 2020, the federal government published the National Hydrogen Strategy. Hydrogen is considered to be a central element for the implementation of the energy transition, especially in some industrial and transport sectors, whose CO2 emissions are difficult to reduce. The economic and future package approved by the coalition committee of the federal government in the same month provides a total of 9 billion euros for the implementation of the NWS, including 2 billion euros for international projects in selected partner countries.


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