New green hydrogen trading base uplifting platinum group metals demand outlook
JOHANNESBURG (miningweekly.com) – The green hydrogen sector now has a digital platform on which users can buy and sell green hydrogen with the click of a button, it was announced on Tuesday.
Euronext-listed Lhyfe, the French group devoted to energy transition, has begun taking orders for green hydrogen in Europe and facilitating contacts between buyers and sellers. (Also watch attached video.)
The Green Hydrogen Marketplace is on its online Lhyfe Heroes portal, which is coordinating efforts to accelerate decarbonisation.
Lhyfe has been working to accelerate decarbonisation through an industrial-scale green hydrogen production site connected to a wind farm since 2021.
A year later, the company established a platform for producing green hydrogen at sea, and now it has launched the digital green hydrogen trading platform.
This is more good news for South Africa’s platinum group metals (PGM) mining in view of proton exchange membrane, or PEM, electrolysers making use of PGMs to generate green hydrogen, which electrifies fuel cells that provide green mobility and stationary power for widespread and varied industrial, commercial and off-grid use.
The first phase of Lhyfe’s marketplace will enable buyers with their own hydrogen transport solutions, and producers, to cooperate to strengthen the green hydrogen offer across Europe.
“The digitalisation of the sector has always been one of our projects,” Lhyfe founder and CEO Matthieu Guesné stated in a release to Mining Weekly.
“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.
“In the industry, we’re all convinced that it’s by joining forces that we’ll accelerate the transition to green hydrogen and decarbonisation,” Guesné added.
A few clicks on a single map displays 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,” said Lhyfe operations director Antoine Hamon.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation