Source Galileo Partners with Lhyfe to Propel Green Hydrogen Production Across the UK and Ireland
London-based Source Galileo and European hydrogen producer Lhyfe have announced a strategic partnership to construct commercial-scale green hydrogen production units in the United Kingdom and Ireland. The memorandum of understanding, signed on January 22, underscores the companies' commitment to supporting the ambitious net-zero carbon goals of both nations.
The collaboration aims to leverage the expertise of Source Galileo, known for its significant contributions to large-scale offshore wind projects, energy storage, and solar power installations, and Lhyfe, which inaugurated the world's first industrial-scale green hydrogen production plant in 2021. The partnership's primary focus is to build hydrogen production facilities powered by renewable energy, targeting various industries, including transportation, as part of the broader decarbonization efforts.
With the UK government setting a low-carbon hydrogen production target of 10 GW by 2030, with at least half from green hydrogen, and Ireland publishing its National Hydrogen Strategy in 2023, outlining plans for 2 GW of hydrogen production by 2030, this partnership is poised to play a pivotal role in meeting these ambitious targets. Source Galileo's CEO, Kevin Lynch, highlighted the significance of the collaboration, stating, "Our partnership with Lhyfe provides an onshore and offshore platform and a major step forward from which to assist in delivering government hydrogen targets."
The companies are actively exploring production sites in Ireland and are focused on identifying consumers and assessing factors such as grid availability, power supply, land accessibility, and planning requirements. The partnership aims to capitalize on economies of scale, accelerating the deployment of green hydrogen to meet the rising demand from companies looking to reduce reliance on natural gas and other fossil fuels.
Initially utilizing electricity from onshore renewable energy installations, the production is expected to transition to power from offshore wind installations off the coasts of Ireland and the UK. Source Galileo, with a current pipeline of about 10 GW of offshore wind and hydrogen projects, is well-positioned to contribute significantly to the green hydrogen landscape, supporting decarbonization efforts across challenging sectors and ensuring a supplemental supply of clean energy beyond current grid capabilities.
Source: powermag.com