Investments

Green hydrogen related investments up to 2030 will be between 5.5 and 10 billion euros

The total investments for the development of a green hydrogen economy in the Northern Netherlands up to the year 2030 are estimated to be between 17.5 and 25 billion euros.

 

These investments include 12 to 15 billion for offshore windfarms. The investments in hydrogen-related projects are estimated to be between 5.5 and 10 billion euros over the next 10 to 12 years. The priorities are large-scale green hydrogen production by electrolysis and biomass gasification, together with investments in hydrogen pipeline infrastructure to Delfzijl and Rotterdam, Limburg, and Germany. These large investments are expected to be made by a combination of electricity, oil and gas, industrial gasses, chemical, gas infrastructure and harbor companies.

Green Hydrogen Economy in the Northern Netherlands Investment (million €)

Green Hydrogen Economy in the Northern Netherlands Investment (million €)
  Period: 2018 to 2030
Production 15,000 - 20,000
4,000 MW offshore wind 12,000 - ­15,000
1,000 MW electrolysis hydrogen production 500 - ­1,000
1,000 MW biomass-gasification hydrogen production 500 - ­1.000
100 solar-hydrogen smart areas 2,000 - ­3,000
Markets 1,000-1,800
300,000 tons green methanol and 300,000 tons green ammonia Delfzijl 600 - 1,000
Ammonia-hydrogen Magnum power plant not included
100 hydrogen fueling stations in Northern Netherlands 100 - 200
5 hydrogen fuel cell balanced data centers 200 - 400
3 hydrogen innovation/SME/startup centers 100 - 200
Infrastructure 700 - 2,000
Hydrogen pipelines to Delfzijl and Rotterdam, Limburg, Germany 200 - 1,000
Hydrogen trading platform 50 - 100
Hydrogen harbor facilities in Eemshaven 400 - 800
5 hydrogen distribution centers 50 - 100
Society 800 - 1,200
Zero emission public transportation (busses, trucks, trains, ferries) 800 - 1,200
Hydrogen trade fair and exhibition 0 - 10
Hydrogen regulatory framework 0 - 10
Green hydrogen certificates 0 - 10
Total including offshore wind farms 17,500 - 25,000
Total hydrogen related investments 5,500 – 10,000

 

NorNed Cable between Eemshaven and Feda, Norway NorNed Cable between Eemshaven and Feda, Norway