US player to roll out 250 hydrogen stations across Europe

US oil refiner and retailer Phillips 66 plans to build some 250 new hydrogen refuelling stations in Germany, Denmark and Austria by 2026.
The stations will be supplied with green hydrogen.

The announcement follows the closing on a 50-50 joint venture with Switzerland’s H2 Energy Europe (H2EE).

There are currently 161 hydrogen filling stations in operation around Europe, so the move would represent a considerable expansion of the emerging fuel technology.

The new joint venture, Jet H2 Energy, will install hydrogen filling pumps for trucks, vans and cars at Phillips 66’s existing ‘Jet’ branded retail stations, as well as “new locations on major transport routes and at customer sites”.

“The company intends to supply its sites with green hydrogen and build relationships with customers and original equipment manufacturers,” Phillips 66 said in a statement.
Its joint-venture partner, Zurich-based H2EE, hit the headlines in May when it made the world’s largest ever order for electrolysers.

The Swiss company — itself a joint venture between Singapore-based commodity trader Trafigura and parent H2 Energy Holding AG — said it would use the machines to produce green hydrogen from offshore wind at a $1bn project in Esbjerg, Denmark.

While Jet H2 Energy is optimistic about its plans — with CEO Olaf Borbor declaring “we will make hydrogen a leading energy solution for emission-free mobility” — Phillips 66 conceded that Jet H2 Energy will require government funding, where applicable, for the development of the refuelling network.

The announcement comes in the same week that The European Commission approved a multi-billion hydrogen project jointly funded by 15 EU countries and 35 companies including Alstom and Daimler Truck.

Other participating companies in the EUR5.4 billion investment package include Bosch, Fincantieri, Orsted and Plastic Omnium.
The group will take part in 41 projects in the hydrogen scheme focusing on generation of hydrogen, fuel cells, storage, transportation and distribution of hydrogen and end-users applications, in particular in the mobility sector.

“Russia’s unprovoked and unjustified military aggression against Ukraine has only underlined the need for Europe to diversify its energy sources and fast-forward the green transition,” European Commission Vice-President Margrethe Vestager told a news conference.

“Among the many technologies required, hydrogen proves to be an indispensable component,” she said.

EU Commissioner for the Internal Market Thierry Breton added that the project also underlined the bloc’s move away from fossil fuels.
“It enables the clean transition of energy-intensive industries and increases our independence from fossil fuels,” he said.

The project, called IPCEI Hy2Tech, aims to attract another EUR8.8 billion in private investment to match EU funding.