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Shell and Norsk Hydro are on the green side of Reuters

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© Reuters. PHOTO PHOTO: The Royal Dutch Shell logo is displayed on July 2, 2021, near the Colony, in Wesseling, during the launch of a hydrogen electrolysis plant at Shell’s Rhineland refinery in Wesseling. REUTERS / Thilo Schmuelgen

OSLO (Reuters) – Royal Dutch Shell (LON 🙂 and Norsk Hydro (OTC 🙂 are looking at co-producing hydrogen from renewable electricity in a boost to decarbonise their operations and supply heavy industry and transport customers, Hydro said on Tuesday. .

The Anglo-Dutch oil giant and the Norwegian aluminum producer’s hydrogen unit, Hydro Havrand, have signed a memorandum of understanding and have begun initial work to identify opportunities to produce and supply renewable hydrogen.

The so-called green hydrogen is a zero-carbon gas generated by electrolysis, using renewable energy to distribute water into hydrogen and oxygen, is increasingly being promoted as a way to decarbonize the emission-intensive industry and fossil fuel-dependent transportation sectors.

Shell and Hydro will initially identify the most suitable locations in Europe for the consumption of renewable hydrogen for both business consumption and the wider market, and will later expand to other locations.

“We are exploring places that have the potential to use hydrogen in the facilities we operate and are in,” Per Christian Eriksen, head of Hydro Havrand, told Reuters.

Hydrogen production Both Shell and Hydro could be placed in areas with relatively high gas consumption, and can also be placed in third-party markets, such as refineries or other process industries that use “gray” hydrogen that is no longer used. -renewable energy, Eriksen said.

“Hydro Havrand and Shell can work towards an shared goal of establishing integrated hydrogen value chains and ultimately a strong global hydrogen market,” said Elisabeth Brinton, Shell’s executive vice president of renewable energy and energy solutions.

Shell and Hydro will spend the next nine months exploring opportunities for collaboration, said Arvid Moss, head of Hydro’s Energy unit.

“What is important for the decarbonisation of society is for the big industry players to work together to find solutions faster, because what we need is scale,” he told Reuters.

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