Lhyfe Partners Elyse Energy to Produce E-Methanol for Green Shipping

by Admin
Lhyfe Elyse green hydrogen e methanol

Lhyfe, a leader in green hydrogen production, has announced a new partnership with Elyse Energy, a trailblazer in low-carbon molecules. The collaboration aims to advance the production of e-methanol from green hydrogen within the Loire Estuary’s industrial and logistics port ecosystem.

In November 2023, Lhyfe was selected as the winner of a call for expression of interest (CEI) issued by the Nantes Saint-Nazaire port authority (Grand Port Maritime de Nantes Saint-Nazaire). This opportunity will see Lhyfe establish an industrial green hydrogen production and distribution operation at the Montoir-de-Bretagne site, with a focus on decarbonizing maritime transport.

The newly announced partnership between Lhyfe and Elyse Energy marks their first joint effort. They have signed an exclusive agreement to conduct a feasibility study covering technical, economic, financial, and regulatory aspects of producing e-methanol from green hydrogen at this site. This study is a crucial step in assessing the viability of the project.

E-methanol, a clean fuel, is essential for reducing carbon emissions in maritime transport, a sector that faces significant challenges in achieving carbon neutrality and moving away from fossil fuels.

The implementation of this project will be contingent upon the study’s results, securing necessary operating licenses and building permits, and making financial investment decisions. The partners plan to present their project in September 2024.

About Elyse Energy

Founded in 2020, Elyse Energy is a pioneering French industrial SME specializing in low-carbon molecules. The company focuses on designing, developing, financing, building, and operating production units for sustainable fuels derived from renewable and nuclear electricity and carbon recycled from industry or biomass. Elyse Energy’s primary focus is on synthetic kerosene (sustainable aviation fuels) and e-methanol for maritime transport and the chemicals industry. With a team of over 70 employees, Elyse Energy, recognized by the French Tech 2030 label, has a portfolio of low-carbon molecule production projects in France, Spain, and Portugal.

About Lhyfe

Lhyfe is a European group committed to the energy transition, specializing in green and renewable hydrogen production. The company aims to provide access to green hydrogen in significant quantities, supporting a sustainable energy model that can decarbonize industrial sectors and transport.

Lhyfe inaugurated the world’s first industrial-scale green hydrogen production plant connected to a wind farm in 2021 and followed with the launch of the first offshore green hydrogen production pilot platform in 2022. In 2023, Lhyfe opened two new sites and is actively expanding across Europe, with operations in 12 countries and a workforce of 195 employees as of December 2023. The company is listed on the Euronext market in Paris.

How to Produce Green Hydrogen?

Source Lhyfe

Related Articles