Northumbria University Business Clinic Supports Lhyfe's Expansion into E-Methanol Market
Key Ideas
- Northumbria University's Business Clinic assists Lhyfe in developing a business strategy to provide hydrogen for the emerging e-methanol market in the UK.
- The project broadens to explore international markets in northern Europe, with a focus on investment opportunities in strategic port locations like the Port of Tyne, IJmuiden, and Gothenburg.
- Lhyfe aims to capitalize on the low-carbon fuel sector by leveraging green hydrogen production for industries including maritime, glass, chemicals, and transport, facilitated by student-led research and recommendations.
- The Business Clinic has a track record of delivering over 870 consultancy projects, benefiting organizations by providing fresh ideas, skills, and talent to solve real-world business challenges.
A student team from Northumbria University’s Business Clinic has partnered with Lhyfe, a green hydrogen producer based in France with a site in Wallsend, to facilitate their growth in the e-methanol market. Initially tasked with developing a UK-focused strategy, the project expanded to include international market exploration in northern Europe. The students identified strategic investment opportunities at the Port of Tyne, IJmuiden, and Gothenburg to support Lhyfe's expansion. Lhyfe aims to provide green hydrogen for e-methanol production, targeting sectors like maritime, glass, chemicals, and transport. The Business Clinic, known for its consultancy projects, offers a full spectrum of services to businesses, with a focus on research and recommendations for long-term benefits. Boris Davis of Lhyfe commended the students' handling of the challenging project, highlighting the value of their contributions. The Business Clinic's successful track record of over 870 projects underscores its commitment to supporting organizations with innovative solutions and talent, ultimately driving business growth.
Topics
Power
Renewable Energy
Green Technology
Industry Growth
Port Operations
Maritime Industry
International Markets
Business Consultancy
Student Projects
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