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World NewsLightsource bp to partner with Dourogás on green hydrogen projects

Lightsource bp to partner with Dourogás on green hydrogen projects

Sutad Watthanakul | EyeEm | Getty Images

Solar enterprise Lightsource bp is to partner with Portugal’s Dourogas on plenty of projects centered round green hydrogen manufacturing.

In an announcement Thursday, Lightsource bp — which oil and gasoline large BP has a 50% stake in — stated the partnership would see the 2 corporations “explore the potential of eight green hydrogen sites.”

The thought behind the collaboration is that photo voltaic amenities from Lightsource bp can be used to energy electrolyzers Dourogas has developed.

Green hydrogen produced by the partnership is to be “injected directly” into the Portuguese gasoline grid, Lightsource bp stated.

The collaboration’s first undertaking has benefited from a 5 million euro grant ($5.65 million) from the European Union’s Portugal 2020 fund.

Read extra about clear power from CNBC Pro

Hydrogen, which has a various vary of functions, might be produced in plenty of methods.

One technique contains utilizing electrolysis, with an electrical present splitting water into oxygen and hydrogen. If the electrical energy used on this course of comes from a renewable supply, reminiscent of wind or photo voltaic, then some name it “green” or “renewable” hydrogen.

“We’ve always believed in solar as a vital tool in decarbonisation,” Miguel Lobo, who’s nation head for Lightsource bp in Portugal, stated in an announcement.

“When used to generate green hydrogen, it becomes an entire energy transition toolkit.”

“The clean energy locked into these hydrogen molecules can immediately cut the footprint of industries, heavy transport and heat in ways electricity alone cannot,” he added.

The notion of integrating hydrogen with current infrastructure is beginning to achieve some traction.

Back in July, Marco Alvera, the CEO of Italian agency Snam, outlined a imaginative and prescient for the way forward for hydrogen, saying the “beauty” of it was that it might be simply saved and transported.

Speaking to CNBC, he spoke about how present techniques could be used to facilitate the supply of hydrogen produced utilizing renewable sources in addition to biofuels.

“Right now, if you turn on your heater in Italy the gas is flowing from Russia, all the way from Siberia, in pipelines,” he stated.

“Tomorrow, we will have hydrogen produced in North Africa, in the North Sea, with solar and wind resources,” Alverà stated. “And that hydrogen can travel through the existing pipeline.”

While there’s pleasure in some quarters concerning the potential of green hydrogen, the overwhelming majority of hydrogen technology is at present primarily based on fossil fuels.

In latest occasions, some enterprise leaders have spoken of the problems they really feel are going through the rising sector.

In October, for instance, the CEO of Siemens Energy advised CNBC there was “no commercial case for green hydrogen” at this second in time.

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