TotalEnergies And VNG join Forces On Green Hydrogen To Decarbonize The Leuna Refinery
Portfolio Pulse from Happy Mohamed
TotalEnergies and German natural gas distribution company VNG have signed an agreement to supply green hydrogen to the Leuna refinery, reducing its annual CO2 emissions by up to 80,000 tons by 2030. The green hydrogen will be produced from renewable electricity with a 30 MW electrolyzer in Bad Lauchstädt, operated by VNG and Uniper.
June 21, 2023 | 1:04 pm
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TotalEnergies partners with VNG to supply green hydrogen to the Leuna refinery, contributing to the company's decarbonization goals and reducing CO2 emissions.
The partnership with VNG will help TotalEnergies achieve its decarbonization goals and reduce CO2 emissions at the Leuna refinery. This positive news is likely to have a short-term positive impact on TTE's stock price as it demonstrates the company's commitment to sustainability and progress towards its targets.
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