ESB and dCarbonX signed an MOU for the joint assessment and development of Irish offshore green hydrogen subsurface storage.
Under this agreement, ESB and dCarbonX will work together on licensing, environmental studies, site selection, project sanctioning, offshore infrastructure development, commissioning and operations in areas that are adjacent to ESB’s existing and planned future infrastructure.
This partnership covers all subsea energy storage offshore in Ireland and will also support the creation of a proposed new ‘Green Hydrogen Valley’ centered around the Poolbeg peninsula in Dublin, which will enable green hydrogen production and storage that can be used to decarbonize heavy transport, shipping, industry and power generation.
"Ireland’s clean energy transition requires a balance of solutions which includes the production of green hydrogen," said Padraig O’Hiceadha, ESB Strategy Manager, Generation and Trading. "When wind farms produce more electricity than can be used, the excess renewable electricity can be converted into green hydrogen - without producing greenhouse gas emissions - and stored as a fuel to be later used for when the wind isn’t blowing."