EET Hydrogen Secures Major Deals for Low Carbon Hydrogen Supply in North West
Key Ideas
- EET Hydrogen has signed 10 new MoU agreements to supply over 30 businesses in the North West with locally produced low carbon hydrogen, boosting the region's low carbon economy.
- The agreements span across ten vital sectors including power, automotive, aerospace, and food & beverage, signaling a shift towards a more sustainable future.
- The production capacity of EET Hydrogen's second plant, HPP2, is expected to be up to 1000 MW, capturing 1.8 million tonnes of CO2 annually, showcasing significant growth and decarbonisation potential.
- The move towards low carbon hydrogen is set to create jobs, attract investment, and strengthen the North West's position as a leading low carbon energy hub, contributing to the region's economic growth.
EET Hydrogen has recently secured agreements to supply over 30 businesses across industrial, power, and transport sectors in the North West with locally produced low carbon hydrogen. The signing of 10 new Memoranda of Understanding (MoU) reflects a growing demand for low carbon hydrogen, indicating a positive development for the region's economy. The shift towards low carbon hydrogen is expected to create employment opportunities, attract investments, and enhance the North West's status as a prominent low carbon energy hub. With a focus on enabling industry to future-proof operations, EET Hydrogen's second hydrogen production plant (HPP2) is poised to support the growth of nationally important industries, securing essential investments and jobs within the UK's manufacturing sector. The customers targeted by these agreements come from various sectors crucial to the economy, including chemicals, automotive, aerospace, and pharmaceuticals, showcasing a diverse range of industries embracing the transition to sustainable energy sources. The total demand from the signed MoUs amounts to approximately 29 TWh/year, indicating a significant potential for growth and decarbonisation in the hydrogen sector. The proposed production capacity of HPP2, set to be located at the Stanlow Manufacturing Complex, is estimated to reach up to 1000 MW, with the capability to capture 1.8 million tonnes of CO2 annually, highlighting the environmental benefits of the initiative. With HPP2 currently in the Government's Track 1 Expansion process for HyNet, the project holds promise for advancing decarbonisation and meeting sustainability goals.
Topics
Green Hydrogen
Sustainability
Investment
Decarbonisation
Manufacturing
Economy
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