By David Sachs
PARIS (Dow Jones)–Air Liquide plans to invest more than 400 million euros in building an electrolyzer in Normandy as part of an agreement to supply Totalenergies with hydrogen. As the French industrial gas manufacturer announced, the electrolyzer will have a capacity of 200 megawatts. It is intended to supply the plant of the French energy and oil company Totalenergies in Gonfreville in Normandy with hydrogen, which corresponds to an output of 100 megawatts, from the second half of 2026. The other 100 megawatts will be used for customers in the Normandy industrial area and for the development of low-carbon mobility, Air Liquide said.
As part of the agreement, Totalenergies will in turn generate up to 100 megawatts of electricity from renewable energies to operate the electrolyser, Air Liquide said. Air Liquide said it would enter into long-term contracts to purchase electricity from renewable sources and use low-carbon energy from the French grid for the rest of the plant’s needs.
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(END) Dow Jones Newswires
September 14, 2023 04:52 ET (08:52 GMT)
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