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LONDON - ITM Power plc has been chosen by Stablegrid Group as the technology partner for two major energy infrastructure projects in Germany with a combined electrolyser capacity of 710 MW, according to a company press release issued Friday.
The projects will operate exclusively for grid balancing purposes, using underground caverns as hydrogen storage facilities to help stabilize the German power system. This approach, called "Netzbrücke" or "grid bridge," aims to reduce costly redispatch interventions in the electricity grid.
The first project, "Netzbrücke 410" in Rüstringen, involves ITM Power supplying a 30 MW green hydrogen production plant based on its NEPTUNE V containerised electrolysers. Stablegrid Group expects to make the final investment decision in 2026 and has reserved production capacity with ITM.
The second and larger project will involve installing 680 MW of indoor electrolyser capacity. Pre-FEED work is scheduled to begin in January 2026, with the final investment decision anticipated in 2028.
Dennis Schulz, CEO of ITM Power, described the partnership as reinforcing the company’s "position at the forefront of the energy transition in Europe’s largest economy."
The projects aim to address Germany’s grid management challenges, where redispatch interventions currently cost German taxpayers between €2-3 billion annually. By using surplus energy to produce hydrogen, the system can potentially eliminate these costs while supporting renewable energy expansion.
ITM Power, founded in 2000 and listed on London’s AIM market in 2004, specializes in proton exchange membrane (PEM) technology for green hydrogen production.
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