Essar Energy Transition Launches Hydrogen-Ready Combined Heat and Power Plant
Key Ideas
- Essar Energy Transition (EET) introduces EET Hydrogen Power, a hydrogen-ready combined heat and power plant (CHP).
- The Essar Group is investing INR 300 billion ($3.6 billion) in a green hydrogen plant in the UK over the next four years.
- EET Hydrogen's blue hydrogen production asset in northwest England is nearing a final investment decision (FID).
Essar Energy Transition (EET) has unveiled EET Hydrogen Power, a combined heat and power (CHP) plant designed to be hydrogen-ready. This initiative signifies a step towards sustainable energy as hydrogen gains prominence in the energy transition landscape. The Essar Group, a UK-based firm, has ambitious plans in the hydrogen sector, with investments totaling INR 300 billion ($3.6 billion) allocated for setting up a green hydrogen plant in the country within the next four years. Additionally, EET Hydrogen's blue hydrogen production asset located in northwest England is progressing towards a final investment decision (FID). These developments highlight the growing significance of hydrogen as a pivotal element in the shift towards cleaner and more environmentally friendly energy sources.