- Both firms plan to continue with a 200 MW – 500 MW project.
Vattenfall, a Swedish utility, and Preem AB, a fuel company, have both signalled their developing readiness for an entrance into a feasibility phase to assess the possibility of decarbonising the refining industry on the west coast of the country. They intend to do this using offshore wind-based green hydrogen.
Both companies had revealed, in January 2021, that they were exploring the feasibility of constructing a large-scale green hydrogen plant at Preem’s Lysekil refinery on the west coast of Sweden. They said they hoped to continue with a 200 – 500 MW project.
Yesterday, Vattenfall announced that they are now looking into the possibility of increasing the development of a value chain based on offshore wind and hydrogen. It revealed that it recognises a huge potential for decarbonising sectors like the refining, petrochemicals, steel and fertilisers sectors in this way.
“Our strong and growing Swedish offshore wind development portfolio of more than 20 TWh offers ample opportunities. Therefore, Vattenfall has taken the initiative for this concept development on the west coast, where offshore wind and hydrogen production can play a key role in transforming into a fossil-free industry. Cross-sector cooperation and partnerships are the way forward,” commented Anna Borg, president and CEO of Vattenfall.
“A new infrastructure for hydrogen from offshore wind could swiftly increase supply and speed up our transition towards a climate-neutral value chain and enable the production of 5 million cubic meters renewable fuels and e-fuels no later than in 2035,” in turn, said Magnus Heimburg, CEO of Preem.