Lhyfe, Centrica to develop offshore green hydrogen in the UK

March 20 (Reuters) - Energy companies Lhyfe (LHYFE.PA) and Centrica (CNA.L) signed on Monday a memorandum of understanding (MoU) to co-develop offshore renewable green hydrogen for the first time in the United Kingdom.

Under the agreement, both firms will collaborate on a pilot green hydrogen production site in the Southern North Sea, Lhyfe said in a statement.

An additional partnership will also be assessed to deploy the technology at commercial scale alongside offshore wind electricity production, Lhyfe said.

The UK plans to produce 10GW of low-carbon hydrogen by 2030, at least half of which will be made from hydrogen generated by renewable energy, or green hydrogen, to support the decarbonisation of industrial clusters.

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