Green Hydrogen: EDP Develops Two Operating Units

Green hydrogen and energy storage: two new operating units will be set up by the energy company EDP. The Portuguese electricity producer, distributor and supplier is thus reaffirming its strategic focus on renewable and low-carbon energy. The Portuguese group is thus strengthening its positions to respond to energy transition efforts. It also hopes that the reorganization of its activities will attract investors.

Green Hydrogen to change the industrial world

Revolutionizing high-polluting industries

EDP’s green hydrogen activities will be regrouped within the newly created H2 Business Unit (H2BU). This will be led by the current Director of Energy Planning for the group, Ana Quelhas.

EDP wants to focus its efforts on high-potential sectors such as the steel, chemical, cement and transportation industries. The American and European markets will be prioritized.

Hydrogen is therefore becoming a strategic growth area for EDP. Its production costs have fallen and commitments to the energy transition have multiplied. The group then hopes that the consolidation of its activities will strengthen the integration of this resource. By the same token, that it will attract investors.

3 areas of development already underway

The company is already working on a pilot hydrogen power plant in the Portuguese province of Ribatejo in partnership with H2Sines and the city of Alenquer. It is also developing the Behyond project as part of a partnership between Portugal and Norway. The objective is to study the feasibility of offshore hydrogen production.

The company is also participating in the creation of a European hydrogen market through the
European Clean Hydrogen Alliance
.

Developing energy storage in the United States

1 GW of energy storage

At the same time, the group will develop its “Re-charge” plan in the United States. In this context, EDP is launching the EDP Renewables North America (EDPR NA) business unit. This will bring together the group’s energy storage projects on American soil.

Eventually, EDP aims to develop 1 GW of storage capacity within five years.

Bringing flexibility to the electricity sector

For EDP CEO Miguel Stilwell de Andrade:

“The increasing penetration of renewables increasingly requires integration with storage systems, such as batteries, to provide the necessary flexibility to the power sector. […] If we are to meet carbon neutrality goals, we will need to use other energy carriers, such as hydrogen, to address areas where electricity is not a technically viable or economically attractive option.”

The concentration of activities on energy storage is another confirmation of a trend that began a few years ago. In this sense, as early as 2018 EDP opened a pioneering facility forwind energy storage in batteries in the province of Cobadin, Romania. In 2019, the group was also awarded the Sonrisa solar power project in California. The latter will eventually develop 200 MW of power and will have an energy storage capacity of 40 MW.

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