Highlights
- ITM Power selected by Stablegrid for two German hydrogen projects totaling 710 MW capacity.
- Netzbrücke 410 project in Rüstringen to feature 30 MW green hydrogen plant with NEPTUNE V electrolysers.
- Second project plans 680 MW indoor electrolyser capacity, with pre-FEED starting January 2026.
ITM Power plc (LSE:ITM) has been chosen by Stablegrid Group as the technology partner and supplier for two energy infrastructure projects in Germany. The combined capacity of these projects amounts to 710 MW of electrolysers, intended to support grid balancing and expand hydrogen production capabilities.
The projects aim to provide grid-friendly loads while using underground caverns as hydrogen storage facilities. This approach helps absorb differences between electricity supply and hydrogen consumption, a process referred to as "predispatch" or "Netzbrücke" (grid bridge).
Reducing Redispatch Costs
Predispatch is intended to reduce the need for "redispatch," which is used to manage electricity grid bottlenecks. Redispatch involves adjusting power plant output, reducing generation ahead of a congestion point, and increasing generation behind it. The expansion of renewable energy, which is weather-dependent and geographically uneven, has made redispatch increasingly necessary.
Negative redispatch currently results in annual costs of 2–3 bn EUR for German taxpayers. By employing predispatch and utilizing surplus electricity for hydrogen production, the projects aim to lower these costs while maintaining system stability.
Netzbrücke 410: 30 MW Hydrogen Plant
The first project, Netzbrücke 410, is located in Rüstringen. ITM Power will supply a 30 MW green hydrogen production plant using NEPTUNE V containerized electrolysers, including integration works. Stablegrid Group expects to take the final investment decision (FID) in 2026 and has reserved ITM Power’s production capacity for this project.
Second Project: 680 MW Electrolyser Installation
The second project involves installing 680 MW of indoor electrolyser capacity. Pre-FEED work is scheduled to begin in January 2026, with the FID anticipated in 2028. Both projects are intended exclusively for grid balancing and hydrogen storage operations, supporting the integration of renewable energy into the power system.
Project Timeline Overview
The combined efforts of ITM Power and Stablegrid are structured around phased investment decisions and production capacity allocation. Netzbrücke 410 is planned for completion following the FID in 2026, while the larger 680 MW electrolyser project is expected to progress toward the FID in 2028, following pre-FEED development.
Share Price Snapshot
ITM was trading 4.47% higher at AUD 74.80 per share as of 21 November 2025.






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