Uniper and Novatek signed a MoU to jointly investigate the potential for Novatek supply Blue and Green Hydrogen to Uniper’s power stations and markets in Russia and North West Europe.
Blue Hydrogen can be produced from natural gas, accompanied with the CO2 capture and storage in geological underground formations, while Green Hydrogen is produced by using renewable energy.
Uniper is committed to turn the European Generation business carbon neutral by 2035.
Andreas Schierenbeck, CEO of Uniper
“Hydrogen will play a major role in achieving these goals. Germany, like many other heavily industrialized countries, will be dependent on hydrogen imports, as the demand for hydrogen exceeds production capacities.”
“Therefore, we are seeking worldwide cooperations and partnerships. As an already trusted supplier of natural gas, Novatek is well prepared to develop export capabilities for Hydrogen.”
Novatek and Uniper pave the way for joint long-term hydrogen supply and technology projects, Düsseldorf, January 29, 2021