HH2E and MET Group found a joint project company for the development of one of the largest plants for the production of green hydrogen in Europe in Lubmin, Mecklenburg-West Pomerania, Germany – EQ Mag Pro

• 100 MW input power by 2025, scalable to 1 GW by 2030. The total investment for 100 MW input power will be around 200 million euros

• 000 tons/year production of green hydrogen by 2025 to supply hydrogen for transport and industrial customers in Germany.

• HH2E AG and the Swiss MET Group have just announced a partnership to develop one of the largest production plants for green hydrogen in Europe to date in Lubmin/Mecklenburg-West Pomerania on the German Baltic Sea coast. In the first expansion stage, the project is to include the construction of a new generation Power-to-X plant with a capacity of around 6,000 tons (~ over 200,000 MWh) of green hydrogen per year. In a second expansion stage, an output of over 1 GW is planned, which will produce more than 60,000 tons of green hydrogen per year and avoid over 800,000 tons of direct CO2 emissions annually.

The construction of the first expansion stage of the plant in Lubmin, with a total investment of over 200 million euros, is to start in 2023. Commissioning is planned for 2025. The second stage of expansion is scheduled to go into operation in 2030. The total investment involved can exceed 1 billion euros.

The technological configuration developed by HH2E for the green power plant in Lubmin is another step towards 100% renewable energy for all consumption sectors and 24/7. The volatility of renewable energy production is solved by combining a 50MW alkaline electrolyser with a 200MWh high-capacity battery, enabling constant production of green hydrogen.

According to Andreas Schierenbeck, co-founder and board member of HH2E, “The electrolyser produces green hydrogen when there is enough electricity from the wind and sun, and the battery is then also charged. If the simultaneous generation of renewable energy is not enough, the battery provides the green electricity that keeps the electrolyser in constant production. Our technology mix thus enables maximum use of electrolysis even when the availability of green electricity is inconsistent.”

The electricity feed-in from renewable energies is to be secured via long-term power purchase agreements (PPAs) for electricity from offshore and onshore wind farms and solar parks in the region.

Jörg Selbach-Röntgen, CEO of MET Germany GmbH, said: “The market in Germany shows an extraordinarily high interest in green hydrogen as part of the energy transition and the raw material mix. As the MET Group, we are very interested and committed to making our contribution to the energy transition. The development of the project will depend heavily on the demand from industry and the energy sector in Germany, which we want to ensure through reliable and long-term supply relationships.”

In the words of the mayor of Lubmin, Axel Vogt, “our municipality and the Lubminer Heide industrial site are breaking new ground in terms of development. I am pleased that an old infrastructure that once housed a nuclear power plant is paving the way for a new generation green energy site. The facility at Lubmin is strategically located close to wind and solar farms that produce large amounts of renewable energy.”

Reinhard Meyer, Economics and Energy Minister of Mecklenburg-West Pomerania, welcomes the planned investment: “The planned construction and operation of an electrolysis plant on an industrial scale in Lubmin shows very clearly that Mecklenburg-West Pomerania, with its large supply of wind and solar power, has real locational advantages for Investments in the energy transition and thus in the transformation of industry to climate neutrality. This project can make an important contribution to a green hydrogen economy on our Baltic Sea coast. In the future, the green hydrogen will be used regionally by new industrial companies, logistics companies and the maritime economy. This puts these companies in a position to obtain affordable green energy on a permanent basis – a real competitive advantage for our country.”

The partnership between HH2E and MET Group is substantiated in the founding of the project company “H2 Lubmin GmbH”, which will be responsible for the development of the project, the construction and the long-term operation of the new plant.

About HH2E

HH2E is a new green energy company in Germany, founded to bring about immediate change. Its technology mix can convert a variable input of solar or wind energy into a constant flow of competitively priced green hydrogen, heat and carbon-free electricity to power local industries and communities. HH2E recently agreed financing for the development of 5 additional locations in Germany with two institutional investors.

About MET Group

MET Group is an integrated European energy company headquartered in Switzerland, active in the gas and power sector, with a focus on wholesale, trading and sale of various commodities, as well as energy infrastructure and industrial assets. MET is represented in 13 countries by subsidiaries, 27 national gas markets and 22 international trading places. In 2021, MET Group’s consolidated sales amounted to EUR 18.1 billion, the volume of traded natural gas was 55 BCM.