United Kingdom/Ireland – European renewable energy developer Source Galileo and hydrogen producer Lhyfe have signed a Memorandum of Understanding (MoU) to establish commercial-scale green and renewable hydrogen production units.
Source Galileo and Lhyfe’s partnership aims to leverage renewable energy sources to power hydrogen production facilities, providing a pivotal contribution to the ambitious net-zero targets set by Ireland and the UK. The collaboration underscores the commitment to delivering environmentally-friendly gas to diverse sectors, including industry and transport, fostering decarbonization.
Exploring opportunities
The strategic collaboration is set to unfold in Ireland initially, mirroring the success of Lhyfe’s facility in Occitanie, France. Source Galileo and Lhyfe are actively assessing grid availability, power supply, land accessibility, and planning requirements to identify optimal locations for green hydrogen production units. Simultaneously, plans are underway for multiple facilities in the UK, marking a concerted effort to scale up green hydrogen deployment.
Recognizing the surging demand from companies seeking alternatives to natural gas and fossil fuels, Source Galileo and Lhyfe envision their collaborative effort to yield economies of scale. By joining forces, the companies aim to expedite the deployment of green hydrogen, presenting a viable solution for companies striving to reduce their carbon footprint.
Decarbonization
Green hydrogen emerges as a pivotal player in achieving deep decarbonization, particularly in challenging sectors such as heavy industry, chemicals, steelmaking, and heavy transport. By producing hydrogen from water and electrolysis, green hydrogen presents a sustainable alternative to the extensive hydrogen production from fossil fuels worldwide.
Both Ireland and the UK have outlined comprehensive strategies and ambitious targets to integrate green hydrogen into their energy landscapes. Ireland’s National Hydrogen Strategy, unveiled in July 2023, envisions developing 2GW of hydrogen production from offshore wind farms by 2030. The UK Government has doubled its low-carbon hydrogen production target to 10GW by 2030, with at least half of this coming from green hydrogen.
