IJGlobal ESG Power-to-X Award – Hydrogen


The Hamburg Green Hydrogen Hub (HGHH) – a project being driven by Luxcara and Hamburger Energiewerke – was chosen by the IJGlobal judging panel to win the Power-to-X award in the hydrogen category.

One of the IJGlobal ESG Awards 2024 judges said of HGHH: “This is a development in a major area, beyond where others are progressing.”

Another judge added: “You have to admire Luxcara for taking a decisive step on a key project that is going to have a massive impact on energy transition in Germany – providing  roadmap for so many to follow.”

This award is to recognise Luxcara acquiring a 74.9% stake in HGGH – replacing Shell and Mitsubishi Heavy Industries – for a reported price of €700 million ($749.2m).

HGHH is located within Hamburg’s industrial centre and is the first location that is being transformed from a coal power plant into a green energy hub. This brownfield approach stands as a concrete example by repurposing existing infrastructure.

Anchored by a 100MW electrolyzer – fuelled exclusively by renewable energy sources from the surrounding area – this venture is poised to kickstart commercial production by 2027. It will produce up to 15,500 tons of green hydrogen annually.

With a strategic focus on reducing carbon emissions, the project promises to usher in a new era of sustainability for Hamburg’s industrial and port sectors.

The project is not dedicated to a single customer, but is following an open market approach – including connection to the European Hydrogen Backbone and a trailer loading station to supply customers without a pipeline connection.

The submission states: “Our initiative thrives on collaboration, exemplified by our robust public-private partnership. By joining forces, Hamburger Energiewerke and Luxcara are driving meaningful change and shaping a more sustainable future together.

“Localised production facilities will not only create jobs and stimulate economic growth but also reduce transportation-related emissions associated with traditional hydrogen production methods.”

The submission continues: “At the heart of our operation lies our commitment to sustainability and economics. Embracing a brownfield approach, we repurpose existing infrastructure, maximising resource efficiency and minimising environmental impact while ensuring cost-effectiveness.

“In the HGHH, an electrolyzer will produce hydrogen and oxygen from water. This process generates 13MW of usable heat – enough to supply up to 6,000 households.

“The overall efficiency of the electrolysis process increases from about 70% to up to 85% thanks to this utilisation of what otherwise would have been waste heat.”

Luxcara was advised by CMS on legal aspects of the transaction.

Related Companies

CMS Company Tracker
Mitsubishi Heavy Industries Company Tracker
Luxcara Company Tracker
Shell Company Tracker
Hamburger Energiewerke Company Tracker