Preem and Vattenfall deepen hydrogen partnership

A new three-year agreement forms the foundation for increased collaboration around fossil-free hydrogen for biofuel production, electrification and electricity supply.

The agreement provides for increased collaboration between the companies around fossil-free hydrogen for biofuel production, electrification and electricity supply.

Work on the first joint project will be intensified with ongoing preparations for fossil-free hydrogen production through water electrolysis at Preem's refinery on the island of Hisingen outside Gothenburg. The aim is to develop a plant with a capacity of 20 MW, which would be Europe's largest water electrolysis plant for the refinery sector.

Preem is Sweden's largest fuel producer and plays a leading role in the transition to more renewable fuels. Vattenfall is Sweden's largest electricity generator.

"Hydrogen is an important component in our production of renewable fuels, but supplies of fossil-free hydrogen are low. The partnership with Vattenfall allows us to produce fossil-free hydrogen using electrolysis, which will increase the renewability of our fuels by a few more percent," says Preem's CEO, Petter Holland.