Green hydrogen producer Lhyfe and renewables developer Source Galileo have set up a joint venture to develop utility-scale power-to-X projects.
The firms have signed a memorandum of understanding to deliver power-to-X schemes in the UK and Republic of Ireland. The facilities would be similar to a facility recently inaugurated by Lhyfe in Occitanie in southern France.
Kevin Lynch, chief executive of Source Galileo, said the partnership would help the UK and Ireland to meet their green hydrogen targets: “The UK has committed to deploying 50GW of offshore wind by 2030, and Ireland is expected to develop at least 20GW of offshore wind by 2040, with an initial target of 2GW of hydrogen production from offshore wind by 2030. Our partnership with Lhyfe provides an onshore and offshore platform and a major step forward from which to assist in delivering government hydrogen targets.”
Stirling Habbitts, director hydrogen business development at Source Galileo added: “Hydrogen’s role as an energy carrier will be pivotal in overcoming emerging constraints in current electricity grids, ensuring a supplemental and additional supply of clean energy to industries beyond the electricity grid’s current capabilities.”
Taia Kronborg, chief business officer at Lhyfe, said: “Green hydrogen is one of the key solutions to reaching net zero, and the good news is it’s available to be deployed today, improving national energy security while turbo-charging local economies.”