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HH2E and Met Group join forces on a $1 billion green hydrogen project

On the German Baltic coast, HH2E and Swiss MET Group have announced a deal to build one of Europe’s largest green hydrogen production facilities to date in Lubmin/Mecklenburg-Vorpommern.

The project aims to construct a new generation power-to-X plant capable of producing 6,000 tons of green hydrogen per year. The second stage of development is planned to expand capacity to more than 1 GW, producing more than 60,000 tonnes of green hydrogen annually and avoiding more than 800,000 tonnes of direct CO2 emissions.

The first phase of the Lubmin facility, with a total expenditure of more than 200 million euros, will begin construction in 2023. The date of commissioning is set for 2025. The second stage is scheduled to be completed in 2030. The entire investment might be in the billions of euros.

HH2E’s technology combination for the Lubmin green power plant is another step toward 100 percent renewable energy for all sectors and 24 hours a day. Combining a 50 MW alkaline electrolyzer with a 200 MWh high capacity battery solves the volatility of renewable energy production, allowing for the constant production of green hydrogen without a constant supply of renewable energy.

“The electrolyzer produces green hydrogen when the wind and sun provide enough electricity, and the battery is also charged,” says Andreas Schierenbeck, co-founder, and member of the board of directors of HH2E. If the simultaneous production of renewable energy is insufficient, the battery provides green power to keep the electrolyzer running. Even when the availability of green power is erratic, our mix of technologies allows us to make the most of electrolysis.”

Long-term power purchase agreements (PPAs) with offshore and onshore wind farms, as well as solar projects in the region, will provide a steady supply of renewable energy.

“The market in Germany is demonstrating an unusually high degree of interest in green hydrogen as part of the energy transition and feedstock mix,” said Jörg Selbach-Röntgen, CEO of MET Germany. The MET Group is enthusiastic about and committed to contributing to the energy transition. The project’s progress will be largely determined by demand from Germany’s industry and energy sector, which we hope to secure through long-term and reliable supply relationships.”

“Our community and the industrial location of the Lubminer Heide are breaking new ground in development,” says Lubmin Mayor Axel Vogt. I’m glad that an old infrastructure that once housed a nuclear power plant is now helping to pave the way for a new generation of green energy. The plant near Lubmin is in a strategic location, close to the wind and solar farms that produce large amounts of renewable energy.”

“This project can make a significant contribution to the green hydrogen economy on our Baltic coast,” says Reinhard Meyer, Mecklenburg-Western Pomerania’s Minister of Economy and Energy. Green hydrogen will be employed regionally in the future by industrial start-ups, logistics enterprises, and the marine industry, allowing these businesses to receive inexpensive green energy on a long-term basis, a genuine competitive edge for our country.”

With the formation of the project business H2 Lubmin, which will be responsible for project development, construction, and long-term management of the new facility, the cooperation between HH2E and MET Group is taking shape.

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