bp announces investment decision for “Lingen Green Hydrogen” project
- bp has made the Final Investment Decision (FID) for its 100 megawatt (MW) Lingen Green Hydrogen (LGH2) project. It will be bp’s largest industrial green hydrogen plant and the first that the company will fully own and operate. The plant will be built next to the bp refinery in Lingen.
- The plant, to be built as part of the IPCEI-funded project, could produce up to 11,000 tonnes of green hydrogen annually.
- The green hydrogen to be produced here would have the potential to supply industrial customers in the region as well as the bp refineries in Germany.
London/Bochum/Lingen, December 18, 2024 – bp has taken the final investment decision (FID) for the “Lingen Green Hydrogen” project. The company wants to achieve a significant milestone on the way to the development of green hydrogen on an industrial scale in Germany. Supported by funding from the IPCEI (Important Projects of Common European Interest) program, the plant to be built as part of the 100 MW project could produce up to 11,000 tonnes of green hydrogen annually.
The plant will be built next to the bp refinery in Lingen and connected directly to the hydrogen core network. It is planned to be bp’s largest industrial-scale green hydrogen production plant worldwide to date – and the first that the company will fully own and operate. The green hydrogen produced will be offered to bp’s refineries and industrial customers in the region to support the decarbonization of production processes and contribute to achieving the ambitious goals of the energy transition in Germany. The renewable electricity required for the electrolyzer is expected to initially be supplied on the basis of an offshore wind power purchase agreement (PPA).
Patrick Wendeler, CEO of BP Europa SE, said:
The decision is very good news for bp and for the ramp-up of the hydrogen economy in Germany.
“The support of the federal government and the state of Lower Saxony as part of the IPCEI funding has made a significant contribution to the continuation of this project. Lingen Green Hydrogen is an example of bp’s disciplined and strategic approach to investing in hydrogen projects.”
Felipe Arbelaez, Senior Vice President of Hydrogen and CCS at bp, said:
This is another great example of how we can successfully drive a lower-emission hydrogen future by working with governments.
“Projects like Lingen Green Hydrogen help create value for the region, partners, customers and bp – including our bp refineries – as they can contribute to decarbonisation and support the transition to lower-emission energy solutions.”
The project received funding under the IPCEI Hy2Infra Wave, a program to support the development of a hydrogen industry in Europe. The IPCEI support underlines the strategic importance of the project for building a more sustainable hydrogen economy and contributing to meeting European climate targets.
This investment is in line with bp’s upscaling of hydrogen and CCS plans and is part of the five to ten investments bp plans to drive in this area globally this decade. Construction is scheduled to start in 2025, with commissioning expected in 2027.
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bp announces investment decision for “Lingen Green Hydrogen” project
