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ITM Power signs contract for REFHYNE II project after Shell FID

ITM Power has signed a contract for the REFHYNE II project, following Shell's recent positive final investment decision (FID). ITM will supply 100 MW of TRIDENT stacks and skids to the Shell Rheinland Energy and Chemicals Park in Germany. Linde Engineering has been chosen as the EPC integrator and will collaborate closely with ITM.

REFHYNE II will use renewable electricity to produce up to 44,000 kg of renewable hydrogen (H2) daily, partially decarbonizing fuel production at Shell’s Wesseling refinery. The electrolyzer is scheduled to begin operating in 2027.

The REFHYNE II project builds on the lessons learned from the 10-MW REFHYNE I plant, which was put into operation in 2021, and on ITM’s and Linde's experience in engineering, constructing and operating other green H2 projects across Europe.

REFHYNE II has been enabled by supportive government policies and frameworks, including the European Union (EU) binding targets for the use of renewable H2 in industry and transport, and the German Federal Government's regulatory framework. In addition, the project has received funding from the EU’s Horizon 2020 research and innovation program.

Dennis Schulz, CEO of ITM, said, “Shell is a leading global energy company, and we are proud they have selected us for this prestigious project. The performance of our latest generation electrolyzer stacks in the REFHYNE I plant played an important role in Shell's proceeding to FID, as did their extensive due diligence on our technology and our capability to deliver this large-scale commercial project.”

 

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