Page 29 - Energize October 2022
P. 29

NEWS


        Joining forces to manage Germany’s

        fifth FSRU





             ree Energy Solutions (TES),
             E.ON and ENGIE are delighted
        Tto announce that they have
        been selected by the German Federal
        Ministry of Economics and Climate
        Protection (BMWK) to jointly develop
        and implement the fifth floating storage
        regasification unit (FSRU) in Germany.
           The fifth FSRU in Germany, which is
        planning to start in the beginning of the
        heating period 2023, will have an annual
        importing capacity of about 5 bcm
        (which covers about 5% of Germany’s
        annual consumption) and will contribute
        to enhancing Europe’s and Germany’s
        energy security, accelerating its energy
        independence, and achieving full net-  terminal, the development of which will be accelerated by the FSRU project, is flexible,
        zero by mid of the century.          modular and future-proof. TES aims to seamlessly integrate the import of green
           Together, TES, a green hydrogen   molecules within the first 12 months that the FSRU is in operation in order to allow a fast
        company building next-generation     and efficient green transition.
        infrastructure to produce and import   ENGIE is responsible for chartering of the FSRU on behalf of the BMWK for part of its
        affordable green energy, E.ON, one of   LNG supply, and with TES for the development and the operation of the FSRU.
        Europe’s largest operators of energy   The five-year-chartered FSRU will be provided by Excelerate Energy, following
        networks and provider of innovative   negotiations led by Engie, and will be stationed in Wilhelmshaven, where TES already
        customer solutions for more than 51   owns 145 ha of land and has been developing the hydrogen terminal since 2019 to start
        million customers, and Engie, a global   large-scale imports by 2025. Excelerate Energy is a US-based LNG company and offers
        leader in low-carbon energy, natural gas   a full range of flexible regasification services from FSRU to infrastructure development
        and LNG services with a strong footprint   to LNG supply. The FSRU will allow a seamless transition to green imports over the first
        in Germany, have formed a partnership   period as the green terminal starts operation.
        that will run the project showcasing   The TES terminal’s structure will ultimately include six ship berths, 2-million m  of
                                                                                                           3
        strong European cooperation.         onshore storage using ten on-site tanks, and direct access to the natural gas, hydrogen
           In Wilhelmshaven, TES is building   and CO 2 pipeline networks required for decarbonisation and true net zero energy supply.
        the largest green energy hub in Europe,   TES is developing a diversified upstream green energy portfolio and accessing the
        offering a unique model to convert large   best renewable locations to produce green hydrogen for imports beginning in 2025, for
        amounts of renewable electrons from   example, USA, Canada, South America, North and Southwest Africa, North Sea Region,
        sunny and windy locations into green   Middle East and Australia. This will ensure an early and quick-ramping green molecules
        hydrogen and affordable, renewable gas.   supply on a large scale.
        For this aim, TES and E.ON already signed
        an MoU on a strategic partnership end of   About TES
        March. The green hydrogen terminal in   Tree Energy Solutions (TES) is a global green hydrogen company supplying long term
        Wilhelmshaven will serve as the primary   non-intermittent carbon-neutral energy on-demand at industrial scale. TES aims to
        entry point for clean, safe, affordable and   accelerate the energy transition by leveraging existing global energy infrastructure to
        abundant sustainable energy in Europe,   reach customers with green hydrogen, green gas and green power while accelerating
        as well as a catalyst for a circular carbon   the phaseout of fossil fuels from the energy system worldwide and adopting a circular
        economy. TES will import green hydrogen   carbon economy. TES is currently developing energy supply and import terminal locations
        from its upstream projects in the form   in Germany, Belgium, France, The Netherlands, and the United States to provide an
        of renewable LNG using green hydrogen   integrated network of a significant global scale.
        and circular CO 2.
           TES’s Wilhelmshaven hydrogen      Contact Kristiana Gjinaj, TES, kg@tes-h2.com, www.tes-h2.com



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