IDTechEx highlighted that steelmakers need low-carbon hydrogen at $2–3/kg, far below the current $4–8/kg for green hydrogen, which has prompted companies to scale back investments.
IH2A proposes a 10% green hydrogen mandate for existing refinery and ammonia plants and 100% for new ones by 2030, to replace grey hydrogen with green.
The project is expected to reach final investment decision in 2026 before starting operations in 2029.
“All of this leads to the importance of refocusing Air Products on its core business and core capabilities,” new CEO, Eduardo Menezes, told investors.
OMV will use the green hydrogen to produce sustainable aviation fuel and support low-carbon chemical production at its Schwechat refinery.
EET says the furnace will initially be fuelled by refinery off-gas until blue hydrogen becomes available in 2028.
Located at the Bina Refinery, the production plant is expected to produce over 780 tonnes of green hydrogen per year.
“I think that our pathway can play a role in simplifying the SAF process to get the costs down, but we need more green electricity to produce hydrogen and reasonable green hydrogen standards.”
The electrolyser will be installed in a decommissioned area of the refinery and is expected to produce at least 167 tonnes of green hydrogen annually to displace some of the refinery’s current fossil-based hydrogen use.
Blending up to 20% hydrogen into existing natural gas pipelines in the eastern Mediterranean region is “technically feasible” and can serve as an interim solution while dedicated hydrogen infrastructure is developed, according to a new...
