Statkraft and Nel unite to create hydrogen economy in Norway

Ambitious plans to create a green hydrogen value chain in Norway are underway in a collaboration between hydrogen tech company Nel and renewable energy firm Statkraft.

The two Norwegian companies have signed a contract to deliver more than 40MW-worth of electrolysers.

“We are determined that we will contribute towards making Norway a leading producer of renewable hydrogen and to establish an ecosystem of electrolyser and equipment suppliers,” said Nel chief executive Håkon Volldal.

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The deal was announced during a trade to Nel’s electrolyser factory at Herøya in Norway by German Vice-Chancellor Robert Habeck.

He was joined by Norway’s Minister of Trade and Industry, Jan Christian Vestre, plus Minister of Energy and Petroleum, Terje Lien Aasland, who said: “It is encouraging that leading Norwegian players such as Nel and Statkraft are planning value chains for green hydrogen in Norway.

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“This is an important step in the right direction to achieve our ambitions to build a coherent value chain for hydrogen and facilitate the production of hydrogen with no or low emissions to cover the national demand for hydrogen.”

Statkraft recently ordered 40 MW of alkaline electrolyser equipment from Nel. The stacks will be produced at the Herøya plant and used for the production of renewable hydrogen in one of Statkraft’s hydrogen projects.

Oslo-headquartered Statkraft plans to accelerate its annual development rate to 4GW of new power production per year and to add 2GW of renewable hydrogen production by 2030.

Statkraft chief executive Christian Rynning-Tønnesen said the contract with Nel “is the first important step in materializing our ambitious target of 2GW of green hydrogen and securing production capacity for our diverse pipeline of hydrogen projects.”

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