Akzo Nobel Considers 20MW Electrolysis Plant to Store Green Energy
January 09 2018 - 5:08AM
Dow Jones News
By Carlo Martuscelli
Akzo Nobel N.V. (AKZA.AE) said that its specialty chemicals
business, together with Gasunie New Energy, is considering building
a 20 megawatt electrolysis plant in the Netherlands to convert
water into hydrogen using green energy.
The aim of the project is to store green energy in the form of
hydrogen through electrolysis, using electricity to convert water
into the gas, the industrial paints and chemicals company said.
Akzo said that the eventual aim is to build even larger plants
to store green energy as hydrogen. Currently the largest planned
electrolysis plant in the Netherlands has a 1 megawatt capacity, it
said.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
January 09, 2018 04:53 ET (09:53 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Akzo Nobel NV (QX) (USOTC:AKZOY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Akzo Nobel NV (QX) (USOTC:AKZOY)
Historical Stock Chart
From Apr 2023 to Apr 2024
