Green supply End to End
Commercially viable and profitable without state subsidies
In Phase 1 the project plans to deliver 100 t/d liquid hydrogen, produced in Scotland from renewable electricity, to the German road transport market at a highly competitive price. Apart from maintaining the existing zero rating for fuel tax, the project does not require any subsidy to be commercially viable.
Project will be derisked technically and commercially via a Front End and Detailed Engineering and Design as well as negotiating liquid hydrogen offtake agreements, power supply agreements and financing prior to Final Investment Decision. The project makes very attractive financial returns to investors without state subsidies.
Our strategy
LH2 Europe’s strategy has 6 key elements:
Liquid hydrogen storage technology
The key to unlocking the supply chain. LH2 Europe will use industrially proven zero loss liquid hydrogen storage tanks.
Partners
Joint venture partners along the supply chain.
Funding
Project financing with up to 70% debt component backed by offtake agreements.
Big and growing market
Premium target light and heavy duty fuel cell electric vehicle market in Germany.
Technology
Off-the-shelf, industrial scale technology for electrolysis and liquefaction.
Competitive price
Delivered liquid hydrogen price is highly competitive in the German market due to project scale and technology.