Hydro and Shell to explore renewable hydrogen projects
Shell and Hydro Havrand will work together to produce and supply hydrogen from renewable electricity in hubs centered around Hydro and Shell’s own business, Hydro said in a statement on Tuesday.
The Norwegian aluminium maker will work with Shell as they signed a Memorandum of Understanding (MoU) to explore the potential for joint projects producing hydrogen from renewable electricity.
The companies will first identify opportunities to produce and supply renewable hydrogen to Hydro, Shell and the broader market from locations in Europe.
The aim will be to replace natural gas for heating purposes in aluminium production with renewable hydrogen which will contribute toward Hydro’s global commitment to reduce its greenhouse gas emissions by 30 percent by 2030.
“Hydro looks to green hydrogen as a way to reduce our aluminum’s carbon footprint even further, as well as a business opportunity on its own merits in the ongoing decarbonization of the economy,” said Arvid Moss, Hydro Executive Vice President for Energy.
Hydrogen is viewed as a major player in decarbonising hard-to-electrify sectors. Green hydrogen is a gas with no carbon that is produced through renewable power.
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