Equinor: collaboration with RWE in hydrogen
(CercleFinance.com) - Equinor and RWE have agreed to work together to develop large-scale value chains for low-carbon hydrogen.
The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to develop the production of low-carbon and renewable hydrogen in Norway to be exported, by pipeline, to Germany.
The cooperation includes the construction of new gas-fired power plants to help move Germany away from coal.
It will also build production facilities in Norway to produce low-carbon hydrogen from natural gas with CCS.
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