Collaboration to Develop Hydrogen Production Sites in Spain and Portugal

Lhyfe and Capital Energy have come together to produce green hydrogen at sea with power from offshore wind farms in Spain and Portugal. How will this help to drive the energy transition?

Under the agreement, the two companies will work together to create hydrogen production sites at some of the offshore wind farm sites currently being developed by Capital Energy. Capital Energy already has a development pipeline of more than 7.5 GW in both Spain and Portugal.

It will benefit the energy system as a whole as the wind energy produced in these wind farms would be more controllable, avoiding curtailments. In some cases, it would be possible to send less power to the grid and more to the hydrogen production unit, to which some of the wind turbines would be directly connected.

Taia Kronborg, Chief Business Officer at Lhyfe explained that the agreement is a great opportunity to foster the transition to clean energy: “Countries with a coastline, such as Spain and Portugal, can drastically reduce their dependence on fossil fuels and improve their national energy security while producing net zero emissions and boosting local economies.”

The collaboration agreement signed between the companies could be extended to other markets in the future.