Lhyfe and Elyse Energy are planning a project called Green Coast to produce e-methanol from green hydrogen in the industrial port area of the Loire estuary in France.
This initiative, which aims to decarbonize maritime transport, aligns with the decarbonization goals of Nantes Saint-Nazaire Port, an area that has been actively transitioning from fossil fuels.
Lhyfe intends to establish a green hydrogen facility with a production capacity of up to 85 tonnes per day by 2028, while Elyse Energy plans to produce 150,000 tonnes of e-methanol annually.
This collaboration, supported by the Loire Estuaire Décarbonation initiative, reflects regional efforts to enhance sustainability in line with the France 2030 Low Carbon Industrial Zone project.
The project is subject to regulatory approvals, with initial findings expected in 2025.
Tristan Lucazeau, President of ADELE, declared that the Loire Estuaire Décarbonation initiative aims to bring about ecological, energy and economic transition in the region, with a view to achieving carbon neutrality by 2050.
David Samzun, President of Saint-Nazaire Agglo, underscored the urgent need to protect these commons, and that is essential to put the power of industry at the service of ecology.
Additionally, Jean-Rémy Villageois, Chairman of the Management Board of Nantes Saint-Nazaire Port, highlighted Nantes Saint-Nazaire Port’s central position of a profound change of model that is fully integrated into its strategy as it has a 70% reliance on fossil fuels.
Although e-methanol production is currently limited to a few thousand tonnes a year in Iceland, the sector is developing rapidly, with nearly 60 major industrial projects under construction around the world, notably in China, Sweden, Denmark, North America and France.