The Port of Rotterdam Authority wants to import green hydrogen from Iceland. To investigate the feasibility of doing so, it signed a memorandum of understanding with Landsvirkjun, the national energy company of Iceland.
The Port of Rotterdam is Europe’s largest port and energy hub and has developed an ambitious hydrogen master plan. Among other things, it wants to become the most important import hub for hydrogen for northwest Europe. We expect hydrogen to take on the position oil has today as an energy carrier as well as feedstock fort he industry,’ says Allard Castelein, CEO of the Port of Rotterdam Authority. We are therefore exploring the possibilities to import hydrogen from countries that have the potential to produce large volumes of hydrogen at a competitive price, like Iceland.’
Recently, Landsvirkjun announced the feasibility-study of developing a hydrogen production facility at the Ljósifoss Hydropower Station, about 70 kilometers from Reykjavík. The production will be carbon-free, through the electrolysis of water with renewable power. Currently most of the world’s hydrogen supply is produced from natural gas.