Norwegian energy major Equinor has launched its first Hydrogen Open Season, inviting parties to express their interest in purchasing low-carbon hydrogen from its planned 1 GW project in Eemshaven in the Netherlands.

In collaboration with industrial gases and engineering company Linde, Equinor is developing the H2M Eemshaven project that will reform natural gas into low-carbon hydrogen with carbon capture and storage.

According to Equinor, more than 95% of the CO2 will be captured and stored safely and permanently under the seabed offshore Norway.

The project is planned for a production capacity of 1 GW (210,000 tonnes of decarbonized hydrogen) to help both the Netherlands and Germany reduce their CO2 emissions while maintaining the security of the energy supply.