Shell teams up with Norsk Hydro to work on green hydrogen projects
Summary
Norsk Hydro and fossil fuel giant Shell are to look into the potential of joint projects focused on green hydrogen production. In an announcement Tuesday, Norways Hydro said a memorandum of understanding had been signed between the two parties. Under the deal, Shell and Hydros green hydrogen business, Hydro Havrand, will focus on the joint generation and supply of hydrogen "produced from renewable electricity in hubs centered around Hydro and Shells own business, and where they see strong potential for scaling production for customers in heavy industry and transport." From sites in Europe, the initial aim is to find opportunities for the production and supply of renewable hydrogen for their own operations alongside the wider market. One method includes using electrolysis, with an electric current splitting water into oxygen and hydrogen.