PARIS - TotalEnergies (EPA:TTEF) SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) has announced a partnership with Air Liquide (OTC:AIQUY) to create a renewable hydrogen production unit at its La Mède biorefinery in the southeast of France. This collaboration is part of TotalEnergies' broader strategy to reduce carbon emissions across its European operations.
The initiative, which also includes the Masshylia project with ENGIE, aims to cut CO2 emissions by approximately 130,000 tons annually at the La Mède site. The renewable hydrogen produced will be used for biodiesel and sustainable aviation fuel (SAF) manufacturing. The project represents a joint investment of €150 million by TotalEnergies and Air Liquide and is expected to commence production in 2028.
Vincent Stoquart, President of Refining & Chemicals at TotalEnergies, highlighted the significance of the project, noting that it marks a continuation of La Mède's transformation into a low-carbon hydrogen production center. The initiative is also seen as a contribution to the decarbonization efforts of the Provence-Alpes-Côte-D’azur region.
Furthering its commitment to sustainability, TotalEnergies is working with ENGIE on the Masshylia project to produce green hydrogen through water electrolysis. The first phase, featuring a 20 MW electrolyser, is slated to start in 2029, pending European and French subsidies and public authorizations.
TotalEnergies has set a goal to reduce CO2 emissions from its European refineries by roughly three million tons per year by 2030. The company's strategy includes the utilization of green or low-carbon hydrogen as a means to decarbonize its operations.
TotalEnergies, a global multi-energy company, is focused on producing and marketing various forms of energy, including oil, biofuels, natural gas, and electricity, with a workforce of over 100,000 employees dedicated to providing clean, affordable energy.
This announcement is based on a press release statement from TotalEnergies SE.
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