More Than $690M to be Invested in Dutch Hydrogen Plant
Mitsubishi has announced that it intends to invest more than 100 billion yen ($690 million) to construct the largest green hydrogen production plant in the Netherlands.  How will this plant help to lower the cost of green hydrogen?

The aim is for the plant to produce up to 80,000 tons of hydrogen annually, and a capacity of 800 MW.

Eneco Diamond Hydrogen will be responsible for the plant’s production. Eneco Diamond Hydrogen is a joint venture between Mitsubishi Corporation and its subsidiary Eneco, a renewable energy company in the Netherlands.

Electricity from Eneco’s large offshore wind farm in the Netherlands is said to be used to generate hydrogen.

The company intends to sell the hydrogen via its retail electricity sales network and supply it to manufacturing and power businesses in Europe by way of pipelines.

Eneco’s hydrogen plant planning application was submitted in November 2023 and according to the application, construction of the plant is scheduled to begin in 2026.

If all goes as currently planned, the green hydrogen plant is estimated to begin operation and start generating hydrogen in 2029.