JET H2 Energy Austria GmbH (JET H2 Energy), the JV between subsidiaries Phillips 66 Ltd and H2 Energy Europe SA, will combine the retail expertise of Phillips 66 and the hydrogen expertise of H2 Energy and be well positioned to boost the development of hydrogen in Europe. The new company plans to develop approximately 250 hydrogen refuelling stations by 2026.

“We will make hydrogen a leading energy solution for emission-free mobility,” said Olaf Borbor, Chief Executive Officer of JET H2 Energy. “We will align stakeholders’ interests along the hydrogen value chain and create a sustainable hydrogen ecosystem.”

JET H2 Energy’s network of hydrogen refuelling stations for heavy- and light-duty and passenger vehicles will comprise existing JET® branded retail stations as well as new locations on major transport routes and at customer sites. JET H2 Energy will require governmental funding, where applicable, for the development of the refuelling network.

The company intends to supply its sites with green hydrogen and build relationships with customers and original equipment manufacturers. Green hydrogen is a zero-carbon energy carrier and fuel that is produced by splitting water into hydrogen and oxygen using renewable electricity. In vehicles, hydrogen is converted to electricity in fuel cells that power cars and trucks, with water being its only emission.

JET H2 Energy will benefit from its close ties with Hyundai Hydrogen Mobility, the exclusive European reseller of the Hyundai Xcient hydrogen fuel cell truck.

“Phillips 66 has a successful retail presence in Europe with its JET® brand,” Borbor said. “H2 Energy has a proven track record in creating a successful green hydrogen ecosystem in Switzerland. The parties’ competencies complement each other ideally for the next stage in building up the hydrogen economy.”

The JET H2 Energy management team is represented by Borbor, Chief Financial Officer Markus Wolf, and Commercial Manager Jonas Erdmann.

Phillips 66 Ltd is a UK-based, wholly-owned subsidiary of Phillips 66 – a diversified energy manufacturing and logistics company. Phillips 66 has more than 1000 JET® branded stations in Europe and a growing hydrogen refuelling network in Switzerland through its participation in the Coop Mineraloel AG JV. Through its Emerging Energy organisation, Phillips 66 is building a lower-carbon business and pursuing opportunities in the areas of hydrogen, renewable fuels, batteries and carbon capture.

Swiss-headquartered H2 Energy Europe is a JV between commodity trading firm Trafigura Pte Ltd. and H2 Energy Holding AG – a leading hydrogen provider in Europe with investments in the production, distribution and utilisation of green hydrogen. Through its affiliated companies, H2 Energy was the first to develop and deliver hydrogen fuel cell trucks to commercial users and create a green hydrogen fueling ecosystem in Switzerland.

H2 Energy is developing a 1 GW electrolysis plant in Denmark capable of generating roughly 100 000 tpy of green hydrogen from electricity sourced from offshore wind to supply the transportation and energy sector in northern Europe.

European Energy’s Power-to-X plant will be ready in Esbjerg in the first half of 2023 and will supply green hydrogen to the Port of Esbjerg. The surplus heat from the production goes into DIN Forsyning’s district heating network and can supply heat equivalent to 200 households in the immediate area.

European Energy will be ready in the first half of 2023 with the first Power-to-X (PtX) plant in Esbjerg municipality. The plant will produce green hydrogen for ships docked in the harbor of Esbjerg, as well as for industrial customers in Denmark. DIN Forsyning has entered into an agreement with European Energy to take the excess heat from production. This surplus heat will be able to heat the equivalent of 200 average households in the start-up phase.

– We are very happy with this agreement we have entered with European Energy. The more surplus heat we can use in our district heating system without producing it ourselves, the better. When we can use resources that are left over from other processes, it is a win-win all the way around. For the climate, our customers, European Energy and for ourselves. The facility will also contribute important knowledge about how we integrate and operate this type of sector integration, says Claus A. Nielsen, business development manager at DIN Forsyning.

Power-to-X based directly on local green power

The facility connects directly to the large wind turbines in Måde. It runs 100% on local green electricity. This means that it makes the surplus heat that DIN Forsyning takes is even more climate friendly.

– The plant is also a demonstration plant within sector coupling and will provide valuable knowledge to the industry on how to make sector coupling in practice when even larger plants are to be built, says Rene Alcaraz Frederiksen, Head Project Economics & Optimization, Power-to-X , from European Energy.

The plant is expected to be able to be expanded within a few years. Thus being able to supply even more hydrogen and excess heat.

Easy to utilize the heat

The location of the facility makes it easy for DIN Forsyning to utilize district heating without requiring large additional resources or investments:

– The future PtX plant is located in such a way that it is very easy for us to connect the excess heat to our district heating system. So, it doesn’t require us to build a lot extra to utilize the heat. In addition, the excess heat from production provides the right temperature for our district heating water, so we do not have to supplement with extra heating, concludes Claus A. Nielsen.

Facts:

– European Energy’s PtX facility is expected to be ready in the first half of 2023.

– The facility is connected directly to local wind turbines and will produce green hydrogen for, among others, Esbjerg Harbour.

– The green hydrogen is produced by splitting water through the supply of wind turbine power in an electrolysis plant.

– The surplus heat from the production of hydrogen is expected to provide district heating equivalent to 200 households.

– The plant can later be expanded when the demand for green hydrogen increases.