Gen2 Energy’s core business activity is to produce green hydrogen for local consumption or export to Europe.
We are determined to find solutions and engage in partnerships throughout our entire value chain, that are viable both from an environmental and financial perspective.
Our long-term goal is a zero-emission value chain for our green hydrogen
Our operations and practices dedicate Gen2 Energy to the fulfilment of the UN’s sustainability goals, with particular focus on number 7, 9, and 13.
SDG 7 is about ensuring green and clean energy for all in a world with a growing population. Gen2 Energy will contribute to this by providing easy access to green hydrogen as an energy carrier by developing well-functioning supply chains for short and long-distance transport of clean, green hydrogen.
SDG 9 is about the importance of investment in infrastructure and innovation as crucial drivers for economic growth and sustainable industries. Gen2 Energy’s innovative approach to develop new supply chains for transport of high volumes of liquid green hydrogen is a crucial part of the technological advancements needed for a sustainable hydrogen economy.
SDG 13 is about global warming, climate change and reducing the emissions of greenhouse gas. By replacing the use of fossil energy with 100 percent renewable hydrogen among the customers of Gen2 Energy, the greenhouse gas emissions will be substantially reduced. One ton of green hydrogen is equal to driving a petrol driven car 54 000 km.
Our ultimate goal is to achieve a fully zero-emission value chain for our zero-emission product, green hydrogen.
Heat and oxygen are by-products generated by the production of green hydrogen. We will do our utmost to utilize these by-products for local agricultural production, long-distance heating, salmon production or other local industries in the need of either heat or oxygen, or both.
Gen2 Energy’s commitment to sustainability integrates with our mission – being a key provider of green hydrogen. We aim to have a strong focus on sustainable practices in our operations and transparency in our reporting.
We believe that a commitment to achieve high environmental, social, and governance standards are critical to our long-term success as an industrial company.