(Houston/Zurich) – The US mineral oil company Phillips 66 Company wants to build up to 2026 hydrogen filling stations in Germany, Austria and Denmark together with H2 Energy Europe by 250. The execution is the responsibility of a joint venture between the subsidiaries Phillips 66 Limited (Great Britain) and H2 Energy Europe AG (Switzerland). The companies want to develop a filling station network and logistics to supply the stations with green hydrogen as soon as it is available. According to elevation According to Ludwig-Bölkow-Systemtechnik GmbH (LBST), there were 2021 hydrogen filling stations in Europe at the end of 228, 101 of which were in Germany.

Green hydrogen filling stations

Phillips 66 operates more than 1.000 “Jet” filling stations in Europe as well as a growing hydrogen filling station network in Switzerland through its participation in the Coop Mineraloel AG joint venture. Jet filling stations would be expanded and new locations would be developed on important transport axes, according to a statement. Under the agreement, H2 Energy is responsible for integrating hydrogen production, supply and refueling. However, “state support is needed to set up the gas station network,” the companies explained. In addition, they also want to stimulate demand for vehicles. Hyundai Hydrogen Mobility, sales partner in Europe for Hyundai's fuel cell trucks and heavy commercial vehicles, in which H2 Energy has a stake, should make a contribution to this. In July 2020, Hyundai delivered the first ten hydrogen-powered trucks of the ““XCIENT Fuel Cell” to Switzerland. In the same month, H2 Energy in Switzerland St. Gallen The world's first Avia hydrogen filling station went into operation.

Who are the joint venture partners?

Phillips 66 has a global portfolio of energy production and logistics companies. These include chemical plants and refineries, as well as marketing specialists, among other things. The company is headquartered in Houston and employs 14.000 people. Phillips 66 had assets of $2021 billion (€56 million) at the end of 49.

H2 Energy was founded in Zurich, Switzerland in 2014. The company wants to make hydrogen from renewable energies a cornerstone of the energy system. H2 Energy is involved in the entire hydrogen value chain, including the construction of hydrogen production facilities, the development of hydrogen filling stations and the development of hydrogen fuel cell applications.

In 2020, Netherlands-based raw materials trader Trafigura and H2 Energy announced a commercial collaboration to develop the production, storage and distribution of green hydrogen for gas stations and industrial customers.

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https://investor.phillips66.com/financial-information/news-releases/news-release-details/2022/Phillips-66-and-H2-Energy-Europe-to-develop-hydrogen-refueling-network-in-Germany-Austria-and-Denmark/default.aspx

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Hydrogen fuel pumps should not only be installed for the Jet brand. © Phillips 66

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Development of the number of hydrogen filling stations in Europe. © LBST

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Development of the number of hydrogen filling stations in Germany and selected European countries. © LBST