Hydro’s green hydrogen company Hydro Havrand and Shell New Energies Holding Europe BV have agreed to explore the potential for joint projects producing hydrogen from renewable electricity. The ambition is to use the hydrogen to help decarbonize Hydro’s and Shell’s own operations, and to supply customers in heavy industries, the maritime sector and road transport. With green hydrogen, Hydro could further reduce the footprint of its low-carbon aluminium. Hydro Havrand and Shell will now explore the potential for developing joint renewable power-based hydrogen projects in select locations, initially in Europe.In a memorandum of understanding signed, Shell and Hydro Havrand aim to jointly produce and supply hydrogen produced from renewable electricity in hubs centered around Hydro and Shell’s own business, and where they see strong potential for scaling production for customers in heavy industry and transport. The companies have started initial work under the agreement. They will first identify opportunities to produce and supply renewable hydrogen to Hydro, Shell and the broader market from locations in Europe. The intention is to expand into additional regions and locations over time.Replacing natural gas for heating purposes in aluminium production with renewable hydrogen will contribute toward Hydro’s global commitment to reduce its greenhouse gas emissions by 30% by 2030.
Hydro’s green hydrogen company Hydro Havrand and Shell New Energies Holding Europe BV have agreed to explore the potential for joint projects producing hydrogen from renewable electricity. The ambition is to use the hydrogen to help decarbonize Hydro’s and Shell’s own operations, and to supply customers in heavy industries, the maritime sector and road transport. With green hydrogen, Hydro could further reduce the footprint of its low-carbon aluminium. Hydro Havrand and Shell will now explore the potential for developing joint renewable power-based hydrogen projects in select locations, initially in Europe.In a memorandum of understanding signed, Shell and Hydro Havrand aim to jointly produce and supply hydrogen produced from renewable electricity in hubs centered around Hydro and Shell’s own business, and where they see strong potential for scaling production for customers in heavy industry and transport. The companies have started initial work under the agreement. They will first identify opportunities to produce and supply renewable hydrogen to Hydro, Shell and the broader market from locations in Europe. The intention is to expand into additional regions and locations over time.Replacing natural gas for heating purposes in aluminium production with renewable hydrogen will contribute toward Hydro’s global commitment to reduce its greenhouse gas emissions by 30% by 2030.
