We have an ambition to take a leading role in the emerging hydrogen market with emphasis on northwestern Europe and a role as market architect, targeting 10% clean hydrogen market share across 3 — 5 industrial hubs by 2035.
Renewable-based hydrogen and derivates will be an important route to market for renewables and drive a significant step up in renewables deployment
We believe low carbon and renewable-based hydrogen will need to be developed in parallel at different speeds in different markets.
NorthH2
We are today partner in NortH2 in Netherlands — an international consortium investigating the feasibility of large-scale production, storage and transmission of green hydrogen.
NortH2 can make a significant contribution to both the objectives of the Dutch climate agreement and the even more ambitious European hydrogen targets.
The H2M Eemshaven project
Equinor is developing H2M Eemshaven, a low-carbon hydrogen project, with the aim of building a production facility in the Eemshaven industrial area, where it will reform natural gas from the Norwegian continental shelf (NCS) to hydrogen.
More than 95 % of the CO2 will be captured and then transported and permanently stored safely in reservoirs below the seabed of the Norwegian continental shelf.
With a planned production capacity of 1 GW (235,000 tons decarbonised hydrogen), H2M Eemshaven is well placed to serve potential customers in large industry clusters both in the Netherlands and in Germany. Industries that could benefit from such a supply are typically steel production, chemical industries and power production.
If sanctioned, the H2M Eemshaven facility can start production of hydrogen in 2028.