In Launching the First Marketplace for Green Hydrogen, Lhyfe is Digitising a Key Sector for Decarbonisation

Lhyfe (EURONEXT: LHYFE), a world pioneer in the production of green and renewable hydrogen, announces the launch of the first Green Hydrogen Marketplace, on its online portal Lhyfe Heroes. Since 2017, Lhyfe has been working to accelerate decarbonisation through major innovations that are transforming, greening and modernising the hydrogen industry, such as the world’s first industrial-scale green hydrogen production site directly connected to a wind farm in 2021, the world’s first pilot platform for producing green hydrogen at sea in 2022, and the digitalisation of the sector, since 2022, with the Heroes digital platform whose flagship service is now the Marketplace.

Lhyfe

Using digital to facilitate the buying and selling of green hydrogen by coordinating players in the sector 

Green hydrogen is one of the levers for decarbonising industry and transport. Every day, Lhyfe strives to make it accessible to as many people as possible, to provide significant decarbonisation leverage to industry and mobility. But while producers, projects and uses are beginning to emerge across Europe, the industry is still using fairly traditional tools. In all sectors, digitalisation has been a decisive lever for modernisation and acceleration. 

In 2022, Lhyfe launched the first building blocks of Heroes, the first digital platform for green hydrogen. This was the first step in digitalising the sector, and it has since been regularly enhanced with new services. By launching the Green Hydrogen Marketplace today, Lhyfe is bringing producers and consumers closer together and facilitating access to this clean gas. 

Beyond digitalization, in a rapidly developing sector, the first phase of this marketplace will enable buyers with their own hydrogen transport solutions and producers to cooperate to strengthen the “green hydrogen” offer across Europe:

-          Better regional coverage: To meet the needs of customers wherever they are, while optimising hydrogen transport and the associated logistics costs, thanks to a network of green-certified production sites throughout Europe. 

-          A growing choice of supply sources: Access to an increasingly wide range of products and services to meet a one-off increase in needs. 

-          Production optimisation: To make any surplus production available, anticipate a maintenance operation, etc. 

-          Guaranteed Green: All the hydrogen available on the Marketplace is and will be guaranteed green by Lhyfe's experts. 

Eventually, the Marketplace will be available to all hydrogen buyers requiring delivery (fuel stations, logistics centres, etc.). Many more features will be added in the coming weeks and months.

Around ten partners already in the first deployment phase 

Interested users can register on the platform to request the creation of their account. Privately negotiated commercial terms are shared only between the seller and the buyer. The first version of the platform is free. The Marketplace already has around ten partners, including other green hydrogen producers. 

Antoine Hamon, Director of Operations at Lhyfe: “We first developed this tool internally, to boost our own efficiency and optimise our multi-site management, and then we offered it to other players in the sector. In just a few clicks, on a single map, we can see the different supply points and useful information for choosing the date and source. This saves time for both buyers and sellers. This marketplace opens up new opportunities for us to optimise our production sites and give our customers greater guarantees in terms of the availability of green hydrogen”. 

Lhyfe | https://www.lhyfe.com/

 

Matthieu Guesné, Lhyfe’s founder and CEO: “The digitalisation of the sector has always been one of Lhyfe's projects. We developed the algorithmic part and remote control methods to optimise our production. The Heroes platform then enabled many players in the mobility sector to gain a better understanding of this sector and to structure their projects ... and today we are very proud to be launching the first green Hydrogen Marketplace. In the industry, we are all convinced that it is by joining forces to offer an increasingly abundant supply that we will accelerate the transition to green hydrogen. The Marketplace is a new step in accelerating our decarbonisation!”