Lhyfe invests in the Netherlands

Lhyfe is developing 200MW of renewable hydrogen in the chemical cluster of Delfzijl, in the province of Groningen in the north of the Netherlands.

An ambitious project

Lhyfe develops 200MW of renewable hydrogen in the Delfzijl chemical cluster. The plant will have a production capacity of over 20,000 tons of renewable hydrogen per year. Thus, this equivalence of 55 tons per day, will replace 2.2 million tons of CO2 in 10 years.

The company already has the necessary land and the connection to renewable energy. In addition, Lhyfe expects to be in service by 2026 at the earliest. However, the realization of the project remains subject to obtaining operating licenses, construction permits, and financial investments.

A strategic location

Luc Grare, Head of Central and Eastern Europe at Lhyfe says:

“Delfzijl is an ideal location for renewable green hydrogen production because it has direct access to renewable energy from its offshore wind power plants located off the coast. Groningen is one of the European pioneers in energy transition. The region’s goal is to become the first hydrogen valley in Northwest Europe and to build a complete value chain of green hydrogen production, storage and transportation. We fully support this development and are proud to be part of the journey.”

Delfzijl is a major consumer of hydrogen as a chemical raw material and is home to a large industrial and chemical sector. Lhyfe seeks to support companies in their decarbonization efforts by providing renewable hydrogen.

Lhyfe seeks to rely on the region’s renewable electricity coupled with the electrolysis process. The Netherlands has the ambition to be one of the pioneer countries for renewable hydrogen in Europe. The country hopes to deploy a hydrogen backbone on its territory.

A European presence

Lhyfe is looking to ramp up the renewable hydrogen market in many European countries. The company’s ambition is to become one of the main European producers of renewable hydrogen. Thus, the company is targeting a total installed capacity of 3GW by 2030.

To achieve this goal, the company is implementing decentralized hydrogen ecosystems of various sizes across Europe. In addition, the group is looking to set new standards in the hydrogen industry. Thus, it inaugurated the world’s first offshore renewable hydrogen production pilot.