OKG signs pink hydrogen supply deal
Swedish nuclear firm will sell pink hydrogen produced at Oskarshamn nuclear plant after overhauling hydrogen facility
Swedish nuclear power firm OKG—a joint venture between utilities Fortum and Uniper—has signed a contract to sell pink hydrogen produced at its Oskarshamn nuclear plant to a commercial offtaker. OKG has been producing pink hydrogen from an electrolyser at the site for some time to assist with cooling the generators. But the firm has had an oversupply of hydrogen since closing two of the three reactors at the site. It is this oversupply that OKG will sell at first, according to CEO Johan Lundberg. “Initially, it is about relatively small volumes. But as we have the expertise as well as the plant and the infrastructure, I see a very good potential to expand this business,” he says. The hydrogen
Also in this section
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology