Energie 360° and TES enter into partnership to supply green energy to industry

In Germany, TES said it has signed a letter of intent with Zurich-based energy provider Energie 360° to supply green energy to industry. Under the terms of the agreement, TES aims to supply Energie 360° with around one terawatt hour (TWh) of eNG (renewable synthetic methane) annually from 2027. Energie 360°, in return, wants to supply renewable CO2 to TES. The main goal of TES is to accelerate the energy transition by using existing global energy infrastructure to supply customers with green synthetic methane (eNG). This is produced by combining green hydrogen and CO2. TES wants to supply Energie 360° with eNG produced in regions that have large amounts of renewable energy. In return, Energie 360° wants to supply renewable CO2, for example from its own energy plants. Jörg Wild, CEO of Energie 360°, said: “In the future, there will still be industrial companies that need gas – especially for special high-temperature applications – but we want to offer this gas completely from renewable sources. The transformation of the energy system from fossil to renewable is a major challenge. We look forward to working with TES and believe that the partnership we are seeking can contribute as an important piece of the energy transition puzzle.” TES uses recycled CO2 as the transport medium for green hydrogen: it is captured at source and then transported to locations where it can either be stored or combined with green hydrogen to create eNG. Marco Alverà, CEO of TES, said: “We are pleased to support Energie 360°’s efforts to decarbonize by offering them cost-effective, green energy. Energy suppliers play a critical role in the energy revolution realizing the goal of net-zero and actively contributing to a true circular economy.”

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