Phillips 66 and H2 Energy Europe Enter Into Hydrogen Refueling Station Venture

August 22, 2022 by Dan McCue
Phillips 66 and H2 Energy Europe Enter Into Hydrogen Refueling Station Venture

HOUSTON — Phillips 66 and Zurich, Switzerland-based H2 Energy Europe have entered into a 50-50 joint venture to set up and operate a network of hydrogen refueling retail sites in Germany, Austria and Denmark.

The new venture, to be called JET H2 Energy, will combine the retail expertise of Phillips 66 and the hydrogen expertise of H2 Energy. 

Company officials said the new company plans to develop approximately 250 hydrogen refueling stations by 2026.

“We will make hydrogen a leading energy solution for emission-free mobility,” said Olaf Borbor, chief executive officer of JET H2 Energy in a written statement. 


“We will align stakeholders’ interests along the hydrogen value chain and create a sustainable hydrogen ecosystem,” Borbor added.


JET H2 Energy’s network of hydrogen refueling stations for heavy- and light-duty and passenger vehicles will comprise existing JET® branded retail stations as well as new locations on major transport routes and at customer sites. 

JET H2 Energy will require governmental funding, where applicable, for the development of the refueling network.

The company intends to supply its sites with green hydrogen and build relationships with customers and original equipment manufacturers. 

Green hydrogen is a zero-carbon energy carrier and fuel that is produced by splitting water into hydrogen and oxygen using renewable electricity. In vehicles, hydrogen is converted to electricity in fuel cells that power cars and trucks, with water being its only emission.


As part of the venture, Swiss-headquartered H2 Energy Europe is developing a 1-GW electrolysis plant in Denmark capable of generating roughly 100,000 metric tons a year of green hydrogen from electricity sourced from offshore wind to supply the transportation and energy sector in northern Europe.

Dan can be reached at [email protected] and at https://twitter.com/DanMcCue.

A+
a-

In The News

Health

Voting

International

November 16, 2022
by Tom Ramstack
Congress Says Russia’s Waning Influence Creates New Threats and Challenges

WASHINGTON — As Russian missiles continued raining down on Ukraine, foreign policy experts at a congressional hearing Wednesday predicted the... Read More

WASHINGTON — As Russian missiles continued raining down on Ukraine, foreign policy experts at a congressional hearing Wednesday predicted the hostilities and economic consequences will long surpass the war. Russia’s economic and political influence in the world is being severely damaged but its nuclear threat will... Read More

November 15, 2022
by Dan McCue
Researchers Begin Study of IV Iron Treatment for Post-Pregnancy Anemia

WASHINGTON — Researchers supported by the National Institutes of Health are launching a large-scale study to evaluate a single dose... Read More

WASHINGTON — Researchers supported by the National Institutes of Health are launching a large-scale study to evaluate a single dose of intravenous iron to treat women experiencing anemia after giving birth.  The study will enroll nearly 5,000 women in Bangladesh, India, Pakistan, the Democratic Republic of... Read More

November 14, 2022
by Dan McCue
IRENA Looks at Decoupling Food Production From Fossil Fuels

SHARM EL-SHEIKH, Egypt —  Among the most well-attended of the panel discussions held last week at the U.N.-sponsored COP27 climate... Read More

SHARM EL-SHEIKH, Egypt —  Among the most well-attended of the panel discussions held last week at the U.N.-sponsored COP27 climate talks was one focused on the challenges of decoupling food production from fossil fuels without diminishing food security. Held on Friday and co-sponsored by the Abu... Read More

November 11, 2022
by Dan McCue
NGO, Nonprofits Decry Fossil Fuel Lobbyists Granted Access to COP27

SHARM El-SHEIKH, Egypt — An analysis of attendees at the United Nations-sponsored COP27 climate talks shows that the number of... Read More

SHARM El-SHEIKH, Egypt — An analysis of attendees at the United Nations-sponsored COP27 climate talks shows that the number of fossil fuel industry lobbyists on hand has jumped 25% from those in attendance at last year’s talks in Glasgow, Scotland. In a report released Thursday, NGO... Read More

November 3, 2022
by Dan McCue
Kerry Sees Climate Talks as Time to Ensure Promises Made Are Promises Kept

WASHINGTON — A delegation of 16 high-ranking administration officials will travel to Sharm El-Sheikh, Egypt, next week for COP27, a... Read More

WASHINGTON — A delegation of 16 high-ranking administration officials will travel to Sharm El-Sheikh, Egypt, next week for COP27, a series of climate talks that U.S. Special Envoy John Kerry is framing as an opportunity to ensure that promises made at past sessions are promises kept.... Read More

November 1, 2022
by Dan McCue
White House, UAE Sign Pact to Accelerate Clean Energy Transition

ABU DHABI, UAE — The Biden administration and the United Arab Emirates signed a major new clean energy framework Tuesday,... Read More

ABU DHABI, UAE — The Biden administration and the United Arab Emirates signed a major new clean energy framework Tuesday, agreeing to jointly invest $100 billion in projects intended to produce 100 GW of clean energy by 2035. The agreement was signed by presidential advisor Amos... Read More

News From The Well
scroll top