Fortescue Future Diligence andE.ON Partner on a trip to come to Europe’s largest green renewable hydrogen supplier and distributor

Fortescue Future Diligence andE.ON Partner on trip to come europe’s largest green renewable hydrogen supplier and distributor

Australian renewable green energy company Fortescue Future Diligence (FFI) andE.ON, one of Europe’s largest drivers of energy networks and energy structure and a provider of innovative client results for 50 million guests, mate on a trip to deliver up to five million tonnes per annum of green, renewable hydrogen (GH2) to Europe by 2030.
Moment, both mates inked a Memorandum of Understanding ( Scowl) to execute on this ambition, with binding rudiments between the parties to deliver on this charge. Each side has committed to a exploration and study cooperation, with further detailed attestation and way needed related to force.

This major cooperation marksE.ON’s and FFI’s broader ambition to lead the decarbonisation of Europe and to strengthen security of green energy force at a time when Europe needs to reduce its energy dependence on fossil energies from Russia as snappily as possible. Five million tonnes per annum (mtpa) of renewable GH2 is equal to roughly one third of the spicy energy Germany significances from Russia.
The agreement was inked in Berlin by Dr Andrew Forrest, Chairman of FFI, and Patrick Lammers, COO ofE.ON, in the presence of Michael Kellner, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Climate Action and Australia’s Ambassador to Germany Philip Green. The two companies are together in the spirit of the Australia-Germany Hydrogen Accord inked in June 2021 at the G7.

Both companies will work together, in collaboration with their governments, regarding how to achieve force as fast as possible. Both end to ramp up snappily to five million tonnes per annum of GH2 by 2030. This will help to decarbonise thousands of medium-sized enterprises each over Germany and the Netherlands, as well as other European metropolises and communities to whichE.ON distributes energy.
“ The advertisement of this major cooperation moment aims to diversify the unborn energy security in Europe. Green energy will reduce reactionary energy consumption dramatically in Germany and snappily help substitute Russian energy force, while creating a massive new employment intensity assiduity in Australia. This is a cohesive and urgently demanded part of the green artificial revolution afoot then in Europe,” said Dr Andrew Forrest, Chairman and Author of FFI.

German Minister for Economic Affairs and Climate Action Robert Habeck said”The race for large scale product and transportation of green hydrogen has taken off. The agreement betweenE.ON and FFI is a major step forward and puts them in a pole position for the delivery of green hydrogen to German assiduity. I compliment the two companies and I explosively drink their donation to a future without reactionary energies. We’ll keep fostering enterprise like this one within the German-Australian Energy Partnership.”
It’s intended that similar large quantities of renewable GH2 will be powered by Australia’s immense renewable coffers as well as FFI’s other planned global systems, and will be distributed byE.ON. The parties have also agreed to work together to assay what results could look like to break structure issues and to make a secure value chain.

“ We can not keep laying our energy security and the earth’s future on fossil energies. Green hydrogen is the practical, implementable result to decarbonise and lower emigrations,” said Julie Shuttleworth, CEO of FFI.

“ We’re fleetly establishing the structure blocks across Australia and encyclopedically that will allow us to develop and completely integrate our world leading green technologies, manufacturing capabilities and green energy generation and distribution. From the morning of FFI our gospel was to drive performace across the entire new renewable GH2 value chain. Moment’s important advertisement in Europe isn’t just motioning to the global request place that now is the time to make renewable GH2 but is also an instigative step forward in FFI’s trip to come one of the world’s largest green energy directors,” said Elizabeth Gaines, CEO of Fortescue Essence Group Ltd (ASX FMG), the parent company of FFI.
“E.ON is decisively driving forward the green energy transition in Europe and is completely committed to sustainability and climate protection. Renewable GH2 is a crucial element to achieving this task, while at the same time contributing to a secure and affordable unborn energy force. Our cooperation with FFI is an important corner on this path. Two major transnational companies are joining forces to make a “ hydrogen ground” from Australia to Germany and the Netherlands, grounded on participated values and the common capability of realising the scale of such a design. Two together make decarbonisation possible for numerous, which is an encouraging communication, especially in these days”, said Leo Birnbaum, CEO ofE.ON.

“ We’re foreknowing a fleetly adding demand for renewable GH2, especially in our artificial “ Mittelstand” customer base in the regions we serve. Thus, we look forward to unleashing the eventuality of this completely green, climate friendly energy source for our guests and are pleased to work towards erecting a secure value chain with a strong mate like FFI. Together our ambition is to snappily diversify the energy system in Germany and the Netherlands”, said Patrick Lammers, COO ofE.ON.
Editors’ note Fortescue Future Diligence b-roll and images are available.

About Fortescue Future Diligence (FFI)
Fortescue Future Diligence (FFI) is a global green energy company committed to producing zero- carbon green hydrogen from 100 per cent renewable sources. FFI is wholly possessed by Fortescue Essence Group Ltd (ASX FMG), a world leading coffers company
Green hydrogen is the practical and implementable result that will revolutionise the way we power our earth, decarbonising heavy assiduity and creating jobsglobally.FFI is establishing a global portfolio of renewable green hydrogen and green ammonia systems and will supply 15 million tonnes per time of renewable green hydrogen by 2030, rising to 50 million tonnes per time in the decade later.