Equinor and RWE to cooperate on energy security and decarbonization in Europe

Wind Industry Profile of

Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen.

The partners aim to replace coal fired power plants with hydrogen-ready gas fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. On 5 January, the two companies signed a memorandum of understanding (MoU) to jointly develop large-scale energy value chains, building on the partnership between Norway and Germany and the long-term relationship between Equinor and RWE. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal. Equinor and RWE will jointly own... ... More: Official Press Release Equinor

Keywords:

Norway, Germany, Equinor, RWE, energy security, decarbonisation, hydrogen, green, blue, pipeline, low carbon, emissions, offshore, wind farm