TotalEnergies and Air Products have entered a pivotal 15-year contract, initiating in 2030, for the annual delivery of 70,000 tons of green hydrogen to TotalEnergies’ refineries across Northern Europe. This landmark deal, the first of its kind following TotalEnergies’ tender for 500,000 tons per year of green hydrogen, aims to significantly reduce the carbon footprint of its European operations.
Under this agreement, Air Products will leverage its extensive global network to supply green hydrogen, helping to eliminate approximately 700,000 tons of CO₂ emissions annually. This strategic move marks a significant step towards achieving TotalEnergies’ ambitious target of reducing its Scope 1+2 net greenhouse gas emissions by 40% by 2030 from its 2015 levels.
Seifi Ghasemi, Chairman, President, and CEO of Air Products, expressed pride in their pioneering efforts in low carbon hydrogen production and their commitment of over $15 billion to large-scale energy transition projects globally. “This contract not only confirms the demand for clean hydrogen but also underlines our role in supporting the decarbonization of the heavy industry,” Ghasemi stated.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, highlighted the importance of the agreement: “This partnership with Air Products is a crucial milestone toward greening the hydrogen used at our refineries by 2030. We’re also expanding our collaboration by becoming a green power supplier to Air Products, further supporting their decarbonization initiatives.”
Furthermore, TotalEnergies and Air Products have signed a memorandum of understanding to supply renewable power, beginning with a Power Purchase Agreement (PPA) for 150 MW from a solar project in Texas. The partners will also explore additional PPA opportunities in the UK, Poland, and France, aligning with TotalEnergies’ strategy to integrate electricity across its value chain. This enhanced cooperation marks a substantial step forward in fostering a sustainable energy landscape.