News and Highlights
- We have updated our green hydrogen projects list to include Air Products’ planned facility in Paramount, California. Expected to commence by 2025, the Paramount location will support World Energy’s planned sustainable aviation fuels (SAF) manufacturing plant.
- Linde announced that it has signed a long-term agreement with ExxonMobil for offtake of carbon dioxide from its planned Beaumont blue hydrogen facility supporting OCI’s ammonia plant. Terms of the agreement see ExxonMobil transporting and storing up to 2.2 million tons per year (TPY) of CO2, though Linde had previously stated that 1.7 million TPY of carbon dioxide would be sequestered by the project.
Green Project News and Announcements:
We have added Air Products’ green H2 plant in Paramount, California, to our project list on page 3. Expected to enter operation as early as 2025, the facility is expected to be capable of producing 80,000 tons per year of green hydrogen to support World Energy’s planned SAF facility at Paramount. Though we don’t know the specific technology to be used, the available information on the project suggests electrolysis and we have assumed proton exchange membrane (PEM) electrolysis will be used. Based on that assumption, we estimate over 500 megawatts (MW) of PEM will be needed to support the expected fuel production. That amount is expected to grow significantly over time, as World Energy’s project documentation indicates hydrogen production capacity will increase to 240,000 tons per year by 2027. Should that be the case, the new hydrogen plant would require a hefty 1,500 MW of electrolysis, suggesting something in the range of 5-6 gigawatts (GW) of renewable electric generating capacity would be required to make the facility “green”. That’s a lot of new generating capacity by any standard, once again calling into question whether or not the project would meet the “additionality” concept in place for some global hydrogen markets. As part of the effort, Air Products will expand its existing Southern California hydrogen network with the construction of 10 miles of new pipeline (graphic below).
