New Fortress Energy LLC has plans to become a hydrogen supplier within the next decade, to achieve net-zero emissions. Currently, New Fortress Energy sells LNG to fuel power plants in the Caribbean, with plans to expand in other regions. He acknowledged that the goal is an ambitious one, with no guarantee that hydrogen will be economically viable for electricity generation.
New Fortress plans to launch a pilot in the next 12 months to test the use of hydrogen as a power-plant fuel, Edens said. The hydrogen could be produced by using electricity from renewable sources to split water into hydrogen and oxygen.