Irish firm plans USD-120m green hydrogen project

EI-H2, a local green energy firm, today announced it plans to build a 50-MW electrolysis plant in Ireland for green hydrogen production.

The EUR-120-million (USD 147m) project will be realised in Aghada, County Cork, to become Ireland’s first green hydrogen production facility. It will have the capacity to produce more than 20 tonnes of hydrogen per day to serve the commercial market. The selected site is near existing power generating stations, heavy industry and an oil refinery.

EI-H2 is yet to seek planning permission for the project later this year. The firm said it will shortly initiate pre-planning discussions with the Cork County Council, the Department of the Environment, Climate and Communications and other interested parties. Completion of the project is expected before the end of 2023.

“The production of hydrogen from excess wind capacity will play a significant role in Ireland’s decarbonisation, given that Ireland could be generating 8 GW of offshore wind by 2030. There inevitably will be ‘curtailed’ energy that will go to waste unless we find ways of using it,” said Pearse Flynn, the Cork businessman that owns EI-H2.

In turn, CEO Tom Lynch commented that the company will be looking at other strategic locations around Ireland where it could harness excess energy and develop similar projects.

(EUR 1.0 = USD 1.225)

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