The Collaboration Amplifying Green Hydrogen in the UK and Ireland
Lhyfe and Source Galileo have signed a MoU to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland. How is this collaboration going to help pave the way for green hydrogen production in the regions?
Under the agreement, the companies will combine their expertise to generate and supply hydrogen to a variety of customers across industry and transport, aiming to help them with their decarbonisation targets.
This collaboration is key in assisting the government’s hydrogen targets
In addition to this, the energy firms are also exploring opportunities in Ireland, focusing on identifying consumers and assessing factors such as grid availability, power supply, land accessibility, and planning requirements.
Source Galileo Chief Executive Kevin Lynch said: “We believe the development of a hydrogen economy alongside electricity is critical to the energy transition.”
Continuing, he added that both the UK and Ireland have hydrogen strategies: “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.
Collaboration is crucial to driving forward the energy transition
Lhyfe and Source Galileo have said that through the collaboration, their economies of scale can accelerate the roll-out of green hydrogen, meeting the increasing demand from companies aiming to reduce their reliance on natural gas and other fossil fuels.
To begin with, the companies will focus on using electricity from onshore renewables, but in the long term, they could harness the offshore wind potential in the UK and Ireland. This could help to overcome electricity grid constraints.
Chief Business Officer at Lhyfe Taia Kronborg explained that the collaboration will help to support the hydrogen economy: “We are pleased to announce this agreement with Source Galileo, which represents an exciting opportunity to drive forward the clean energy transition with large-scale green hydrogen production.”
At Lhyfe, we are moving at pace to enable decarbonisation in our communities and unleash the extraordinary potential of renewable energy across the UK and Ireland.
He added: “Green hydrogen is one of the key solutions to reaching net zero, and the good news is it is available to be deployed today, improving national energy security while turbo-charging local economies.”
Collaborations are key to seeing the hydrogen economy blossom across the world. Hydrogen has huge potential in both the UK and Ireland and Lhyfe and Source Galileo coming together reflects this.