Lhyfe and Elyse Energy plan to produce e-methanol from green hydrogen to decarbonise maritime transport.
Lhyfe (EURONEXT: LHYFE), one of the world’s pioneers in the production of green hydrogen, today announced a partnership with Elyse Energy, a pioneer in the production of low-carbon molecules. The partners aim to develop the production of e-methanol from green hydrogen, at the heart of 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) launched in late 2022 by the Nantes Saint-Nazaire port authority (Grand Port Maritime de Nantes Saint-Nazaire), to set up an industrial green hydrogen production and distribution operation at the Montoir-de-Bretagne site, with a view to decarbonising maritime transport.
Today, with this objective in mind, Lhyfe and Elyse Energy, a producer of low-carbon molecules, announced that they have signed an exclusive agreement for the technical, economic, financial and regulatory feasibility study of a project to produce e-methanol from green hydrogen at this site within the port of Nantes Saint-Nazaire. This is the first collaboration of this kind for either of these two French industrial SMEs.
E-methanol is a clean fuel that can be used to decarbonise maritime transport, which represents a key industrial and technological challenge for achieving the dual objectives of carbon neutrality and moving away from fossil fuels.
Implementation of the project will be subject to the conclusions of this study, the granting of operating licences and building permits, and financial investment decisions.
A presentation of the project by the partners is scheduled for September 2024.
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Lhyfe and Elyse Energy plan to produce e-methanol from green hydrogen to decarbonise maritime transport. source