|
|
Up to 12,000 tonnes of green hydrogen per year could be locally produced by Lhyfe for Perpetual Next within the Groningen chemical industry cluster to decarbonize hard-to-electrify sectors.
Illustration: one of Lhyfe’s production sites – Credit: Lhyfe
Sustainable raw materials producer Perpetual Next and Lhyfe Delfzijl, a subsidiary of Lhyfe (Euronext Growth: ALHYF), one of the world's pioneers in the production of green and renewable hydrogen for the decarbonisation of industry and mobility
Australia operates one of the world’s fastest-decarbonizing power systems, marked by a rapid structural shift away from thermal baseload generation toward solar, wind, and storage. With the retirement of major coal-fired power stations accelerating and the federal 82% renewable electricity target for 2030 approaching, the country is deploying substantial market and policy mechanisms to safeguard system reliability. However, accelerating coal retirements increases the urgency of replacing