CF Industries and NextEra Energy Resource Announces MoU for Green Hydrogen Project in Oklahoma
CF Industries Holdings, Inc. and NextEra Energy Resources, LLC announced a memorandum of understanding (MOU) for a joint venture to develop a zero-carbon-intensity hydrogen project at CF Industries’ Verdigris Complex in Oklahoma.
April 25, 2023. By News Bureau
The proposed project was included in the funding application submitted to the U.S. Department of Energy (DOE) this month by the HALO Hydrogen Hub, a three-state effort established by Arkansas, Louisiana and Oklahoma to compete for funding from the DOE’s regional clean hydrogen hub program.
CF Industries and NextEra Energy Resources anticipate that support for the project from the DOE program will be a key aspect of their evaluation process. A final investment decision has not been made for this project.
“The use of decarbonized ammonia in agriculture offers the most certain, quantifiable and verifiable way to reduce the lifecycle carbon footprint of the food we eat,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “We are pleased to work with NextEra Energy Resources to explore how best green hydrogen could help accelerate the adoption of low- and zero-carbon ammonia and ammonia-derived nitrogen fertilizers in the United States and contribute to decarbonizing the agriculture supply chain.”
“NextEra Energy Resources is committed to leading the decarbonization of the American economy, and the agriculture industry is fundamental to that goal,” said Rebecca Kujawa, president and chief executive officer of NextEra Energy Resources. “We are honored to work with CF Industries to bring green hydrogen production to its Verdigris Complex while also creating additional jobs and economic benefits for the state of Oklahoma.”
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