Italy: Plant Engineering ABB, Axpo Collaborate for ‘Affordable’ Green Hydrogen
Under a MOU signed between ABB and Axpo, both the companies will jointly work together to develop a pilot green hydrogen production plant in Italy. The goal of the project is to reduce the total cost of producing green hydrogen and make it more affordable.
Zurich/Switzerland – ABB has joined forces with Swiss utility Axpo to develop modular green hydrogen production plants in Italy, that aim at creating an optimum operating model to produce affordable, green hydrogen.
The two companies will apply their complementary skills to achieve their joint vision of more affordable green hydrogen, with ABB harnessing its automation, electrification, and digital leadership in industrial operations and Axpo’s experience as an established energy provider.
Initial work will include feasibility studies that explore ways to reduce operating costs and ensure a low carbon footprint, with the aim of identifying synergies that will support the standardization, modularization, efficient and flexible production of green hydrogen.
Peter Terwiesch, President of ABB’s Process Automation business area said: “As technology partner we focus on the areas where we can make the greatest difference. In this project, our aim is to leverage our automation, electrical and digital technologies and domain expertise to minimize the total cost of producing green hydrogen, which includes reducing the cost of running the plant. This is essential to unlock the potential of green hydrogen and enable its widespread uptake in the future.”