Flemish research centres imec and VITO (both partners in EnergyVille), together with industrial pioneers Bekaert, Colruyt Group, DEME and John Cockerill announced today that they are joining forces to invest in the production of green hydrogen. Under the flag of Hyve, the consortium aims at a cost-efficient and sustainable production of hydrogen at gigawatt level. Hyve will put the Flemish region in the driver seat for the deployment of a hydrogen economy and the transition towards a carbon neutral industry in Europe.
The EU’s commitment to reaching climate neutrality by 2050, as part of Europe’s Green Deal, will only be reached when we drastically transform our energy system. Within the Green Deal, hydrogen technology is considered essential in the energy transition towards a carbon neutral society. Especially in the chemical industry, the steel and cement industry, and in heavy duty transport, green hydrogen is considered key in decarbonisation. Today, the chemical industry depends on grey hydrogen, produced by steam reforming. Unfortunately, this process involves the emission of large quantities of CO2. Green hydrogen, on the other hand, is produced through the electrolysis of water using renewable energy. To make green hydrogen competitive, the price of green electricity should further decrease, electrolysers should be made more cost-efficient and the economy of scale should do its trick lowering the production costs.
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