Another major project for green hydrogen is underway in Lubmin. PtX Development and KGAL have signed a financing agreement for electrolysis plants with a total capacity of up to 1,050 MW. This is already the fourth large-scale H2 project on the Baltic Sea coast of Lubmin.
In the first expansion phase, the project consortium consisting of PtX Development and GP Joule plans to build an electrolysis capacity of 210 MW. A detailed timeline for the expansion to over 1 GW is still pending, but the site has already been secured.
Alan Cadmus, Managing Partner of the Berlin-based project developer, commented: "The site is one of the pivotal points for building the hydrogen economy in Germany. The demand for green hydrogen from industry is very high and will continue to rise sharply." Ove Petersen, CEO and co-founder of GP Joule – a shareholder of PtX Development GmbH founded in 2020 – added: "In Lubmin, we're showing [...] how it's done."
With the planned total capacity of 1 GW, the project group could produce up to 100,000 tons of hydrogen per year.
PtX Development Complements H2 Cluster
The project complements a series of large-scale ventures aimed at utilizing the existing infrastructure. For instance, Berlin-based developer HH2E is planning a project on the site of the former Greifswald nuclear power plant, starting with 100 MW and aiming for a total capacity of 1 GW. Commissioning is targeted for 2026. A construction contract has already been signed here at the end of August, while the final investment decision is still pending.
The French producer Lhyfe also announced a project in December 2023, which aims to achieve a capacity of 800 MW on the site of the former power plant by 2029. A third project comes from LNG terminal operator Deutsche Regas: Off Lubmin, they are planning not only an electrolysis plant with a 500 MW capacity but also the construction of the world's first floating terminal for ammonia imports.
Of high importance for the Lubmin projects is the planned connection to the hydrogen network "flow – making hydrogen happen" by long-distance network operator Gascade. The IPCEI project is scheduled to start operations in 2025. Another Lubmin specialty: Theoretically, the plants can be connected to offshore wind farms in the Baltic Sea via a substation operated by 50Hertz. The project developers hope this will provide a grid-independent supply for their facilities. So far, Lhyfe and, more recently, PtX Development have expressed such plans.
