Energy company MB Energy and hydrogen producer Gen2 Energy, announce Memorandum of Understanding (MoU) at Hydrogen Technology World Expo in Hamburg. The purpose is to develop a mutually beneficial collaboration focusing primarily on production, offtake and distribution of RFNBO[1] compliant liquid hydrogen from Gen2 Energy´s project portfolio in Norway to MB Energy’s end customers in Germany.
The collaboration between MB Energy in Germany and Gen2 Energy in Norway will in the first step strengthen the production and offtake potential of liquid hydrogen from Gen2 Energy’s planned production site at Nesbruket, Norway. The MoU forms the basis for a long-term collaboration over the next three years. The MoU builds on MB Energy´s decades of experience in importing, storing, distributing and marketing of liquid energy products and Gen2 Energy´s deep insight into production and distribution of green hydrogen. Key focus area for the collaboration is the development of a supply chain for liquid hydrogen. Various logistics and transport options are going to be examined, taking into account price, as well as technical and safety implications.
“With Gen2 Energy, we have an experienced partner at our side”, stated Volker Ebeling, Senior Vice President New Energy, Supply & Infrastructure at MB Energy. “We believe in the long-run potential of liquid hydrogen as an important enabler for the energy transition and particularly for the commercial transport sector. This cooperation will take us one step closer to that energy future.”
“Our collaboration with MB Energy provides access to the German market. Producing RFNBO compliant liquid Hydrogen at industrial scale requires access to a significant hydrogen market, including Germany”, says Lena Halvari, CEO of Gen2 Energy. “We are pleased to see that the production and supply chain under our development can serve customers like MB Energy that see green liquid hydrogen as a valuable enabler of the energy transition.”
About MB Energy
MB Energy, founded in 1947 and headquartered in Hamburg, is an independent, integrated energy company with operations across Europe, the United States, and Singapore. The company engages in the import, storage, distribution, and marketing of petroleum products, LPG, chemicals, and biofuels. With decades of industry experience and forward-looking approach, MB Energy plays an active role in the global energy landscape and supports the transition to lower emissions fuels through the development and provision of future-oriented alternatives.
For more information, visit MB Energy online at: www.mbenergy.com and follow us on LinkedIn.
About Gen2Energy
Gen2 Energy is a Norwegian company dedicated to developing, building, owning and operating an integrated value chain for green hydrogen. The company target to have several large-scale production facilities for production of green hydrogen in Norway as well as a distribution network ensuring customers safe and reliable delivery. We also aim to use low/zero emission fuel in our distribution system, taking a holistic view on the environmental footprint of the hydrogen value chain.
For more information, visit www.gen2energy.com and follow us on LinkedIn.
Contact:
Gen2 Energy Public Relations
Phone: + 46 73-861 41 82
Email: post@gen2energy.com
[1] Renewable Fuels of non-biological origin
