Essar Energy Transition (EET) has announced the launch of EET Hydrogen Power, Europe's first hydrogen-ready combined heat and power plant (CHP) at its Stanlow refinery in the UK. The investment aims to support EET Fuels' goal of becoming the lowest carbon process refinery globally and to establish EET Hydrogen as a leading low carbon hydrogen producer in the UK. The project plans to complete construction by 2027, with a capacity of 125 MW power and 6,000 tonnes per day of steam. By replacing hydrocarbons, the hydrogen produced will result in a reduction of 740,000 tonnes of carbon dioxide emissions annually. Additionally, the initiative aligns with EET's ambition to cut total emissions by 95% by 2030, positioning Stanlow refinery as the world's lowest carbon refinery. EET Hydrogen Power is a significant infrastructure project supporting the decarbonisation plans of the HyNet industrial cluster and setting a blueprint for future industrial and power decarbonisation. The investment also emphasizes EET's commitment to creating high-skilled employment opportunities in the North West. The project is a part of EET's broader $3.0 billion energy transition initiatives in the region, alongside other entities like EET Fuels, EET Hydrogen, and Stanlow Terminals Ltd. The leaders of EET have expressed optimism regarding the impact of EET Hydrogen Power, highlighting its role in decarbonising high-emitting industries and contributing to regional emissions reduction targets.