27 Oct 2020

New Agreement Looks at Exporting Hydrogen from Iceland to Rotterdam

27 Oct 2020  by Molly Burgess   

A new pre-feasibility study is looking at the potential to export green hydrogen from a Landsvirkjun hydrogen production facility in Iceland to the Port of Rotterdam.

Iceland largest electricity generator Landsvirkjun and the Port of Rotterdam last week signed a Memorandum of Understanding (MoU) for the project, which would help the Port’s goal of becoming a major import hub for hydrogen to supply European energy consumers.

The project will see Landsvirkjun produce hydrogen at a new facility located at its Ljósifoss Hydropower Station, approximately 70km outside of Reykjavik. The production will be carbon-free, through the electrolysis of water and renewable power.

This hydrogen would then be transported from Iceland to the Port of Rotterdam.

Hordur Arnarson, CEO of Landsvirkjun, said, “Hydrogen is without a doubt one of the energy carriers of the future, and a very exciting option as a means to combat climate change.”

“Using hydrogen as a carrier, we can export our Icelandic green renewable energy to the European mainland, thereby increasing our contribution to the joint efforts necessary to facilitate a world-wide energy transition.”

“The European market for green hydrogen will no doubt grow considerably in the coming years, and this MoU will enable us to monitor and take part in that development right from the get-go.”

Allard Castelein, CEO of Port of Rotterdam Authority, said, “Northwest Europe will need to import large volumes of green hydrogen to become CO2-neutral. We expect hydrogen to take on the position oil has today, as an energy carrier as well as feedstock for the industry.”

“We are therefore exploring the possibilities to import hydrogen from countries that have the potential to produce large volumes of hydrogen at a competitive price, like Iceland.”

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