(CercleFinance.com) – Lhyfe announced on Monday the signing of a memorandum of understanding with the British energy distributor Centrica in order to pave the way for a pilot site for the production of green hydrogen at sea.
The two groups have agreed to study the possibility of jointly developing a pilot site dedicated to offshore renewable green hydrogen production in the southern North Sea, a first in the country.
The project aims to combine Lhyfe’s expertise in renewable green hydrogen production with Centrica’s experience in gas storage and infrastructure.
The idea is to prove that an end-to-end hydrogen production, storage and distribution system is possible in the country.
The two companies will also explore the possibility of an additional partnership to deploy the technology on a larger scale alongside offshore wind power generation.
This announcement comes as the British government has doubled its target for low-carbon hydrogen production, increasing it from 5 GW to 10 GW by 2030, at least half of which will come from green hydrogen.