on LHYFE (EPA:LHYFE)
Lhyfe and Energy Pool Optimize Electrical Stability with Green Hydrogen
Lhyfe, a pioneer in green hydrogen, is partnering with Energy Pool to stabilize the French electricity grid. By offering load shedding and recovery services for the first time, Lhyfe is using the flexibility of its sites to meet fluctuating energy needs. This strategic partnership, spread over five years starting in 2025, concerns the Buléon, Bessières and Le Cheylas sites, totaling a capacity of 30 MW.
The operations will initially target wholesale markets before extending to the secondary reserve. The adaptability of Lhyfe’s electrolysers allows for a rapid response to network fluctuations, thereby strengthening the integration of renewable energies.
This project illustrates an innovative economic model where green hydrogen becomes a key lever for the energy transition. By promoting flexibility, Lhyfe and Energy Pool are working towards optimized management of future energy resources.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all LHYFE news