Germany's biggest utility RWE reaches agreement to supply ~30K metric tons/year of green hydrogen to France’s TotalEnergies in 15-year deal from 2030, in one of the sector's biggest deals.

TotalEnergies SE to supply 30,000 tons of green hydrogen annually to Leuna refinery in Germany for 15 years starting in 2030, reducing CO2 emissions.

Germany's top utility, RWE, said on Wednesday it has agreed to supply French oil major TotalEnergies with about 30,000 tonnes of green hydrogen a year from 2030, in one of the sector's biggest deals.

Multinational energy company TotalEnergies has signed an offtake agreement with German developer RWE which will supply 30,000 tonnes a year of green hydrogen to the Leuna refinery for 15 years from 2030.

The agreement is a signal for the German market because fuel suppliers such as refineries are encouraged to gradually reduce their greenhouse gas emissions over time. Using 30,000 metric tons of green hydrogen in a refinery saves 300,000 metric tons of CO 2 per year. That’s how much 140,000 cars emit on average per year.