The energy port in Stade
With the construction of the Hanseatic Energy Hub (HEH), a future-flexible energy infrastructure is being created in Stade. The new terminal for liquefied gases will diversify Germanys demand for imported, affordable energy and contribute to a secure and sustainable energy supply.
The first stage of development will involve a zero-emission LNG terminal being put into operation. The infrastructure for this terminal is also approved for bio-LNG and synthetic natural gas (SNG). The hub will also offer storage capacity, which will provide more flexibility to respond to market developments.
Starting with LNG, an increasing share of synthetic and bio-LNG will establish an investment in increasingly climate-neutral energy imports thus simultaneously enabling the supply of ships with alternative and climate-neutral fuels.
With the offering of new, climate-neutral energy sources growing globally, the hub will also be equipped to import hydrogen-based fuels in its second stage of development.
At the end of 2023, Stade will also become the site of one of the five FSRUs chartered by the federal government.
"Natural gas is indispensable for a transitional period", that is the conclusion in the coalition agreement of the new federal government. With the HEH we are creating pipeline-independent access to the global gas market for Germany.
Today, 95% of the gas consumed in Germany is imported already. Due to the sharp decline in domestic European production, this share will continue to rise. In its current Gas Market Report, the IEA assumes that the global LNG market will grow significantly in the coming years and that LNG as a flexibility option will further connect the world markets.
Partners with experience and vision
The partners of the Hanseatic Energy Hub are are the Buss Group, Fluxys, Partners Group (on behalf of its clients), as well as Dow.
Together they have extensive experience in terminal operation and the financing of infrastructure projects, while being deeply rooted in the region.
Industrial partner: Fluxys
Through its subsidiaries all over the world, Fluxys operates 12,000 kilometres of pipelines and LNG terminals with an annual regasification capacity of 29 billion cubic metres. Fluxys has been operating in Germany for almost a decade and is a stakeholder in the TENP, NEL and EUGAL natural gas transmission systems through two of its subsidiaries.
In line with the company's purpose, Fluxys and its stakeholders, make an important contribution to a successful energy transition and thus to the creation of a better society. Fluxys is committed to the transmission of hydrogen, biomethane and other carbon-neutral energy carriers as well as the capture, usage and storage of carbon dioxide, and has many years of extensive experience and high expertise in these fields.
Finance partner: Partners Group
It is fully aligned with its clients and provides bespoke solutions to institutional investors, sovereign wealth funds, family offices and private investors globally.
It has over 1,500 employees, including more than 500 private markets investment professionals, across 20 offices. Its global footprint is built on the deep experience and expertise of local teams.
Partners Group is among the most consistently top performing firms in private markets globally. It seeks to deliver sustainable performance across economic cycles by focusing on three key pillars: transformational investment, bespoke client solutions and stakeholder impact.
Regional Partner: Buss Group
in the Port Services division, Buss offers its customers port and plant logistics services; in the Buss Energy Group division, Buss bundles various companies in the onshore and offshore wind energy sector; Ixocon develops and manages logistics real estate; the shipping companies operate a fleet of modern container feeder ships and bulkers; and the issuing house Buss Capital focuses on funds and investments in the container sector.
Location partner: Dow
The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications.
Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. For more information, please visit www.dow.com.