INEOS Köln to get state funding for feasibility study on green hydrogen

INEOS Köln will get €770,000 ($80322.93) for its ChemCH2ange green Hydrogen feasibility study from state government of North Rhine-Westphalia. The study aims to cut CO2 by more than 100,000 tonnes per year.

The funding will support a feasibility study for the construction of a 100MW water electrolysis plant for the production of green hydrogen at the INEOS site in Köln/Dormagen.

The project forms part of INEOS’ €2bn ($2.09bn) package of green hydrogen projects across Europe announced in October 2021.

The feasibility study will investigate how the green hydrogen production plant can be efficiently implemented at the INEOS Verbund site. The support from the state will cover a quarter of the eligible costs.

The hydrogen produced in the new plant using only renewable energy is to be used directly in the ammonia production plant at the site and, potentially in the future, for the production of methanol.

The climate-neutral production could also cover hydrogen needs in the Chempark and beyond, including regional transport.

Tags: CO2, Funding, Green Hydroge, INEOS Köln
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