USD 96.0686

0

EUR 105.1095

0

Brent 77.92

-0.84

Natural gas 2.583

-0.04

391

BP plans to build Britain’s largest blue hydrogen plant by 2030

Blue hydrogen is produced by converting natural gas into hydrogen and CO₂, which is then captured and permanently stored

BP plans to build Britain’s largest blue hydrogen plant by 2030

London, March 18 - Neftegaz.RU. bp today announced that it is developing plans for the facility, targeting 1GW of hydrogen production by 2030.
The project would capture and send for storage up to 2 million tonnes of carbon dioxide per year, equivalent to capturing the emissions from the heating of 1 million UK households.

The proposed development, H2Teesside, would be a significant step in developing ‎bp’s hydrogen business and make a major contribution to the UK Government’s target of developing 5GW of hydrogen production by 2030.

The project would be located in Teesside in north-east England and, with a final investment decision in early 2024, could begin production in 2027 or earlier.
bp has begun a feasibility study into the project to explore technologies that could capture up to 98% of carbon emissions from the hydrogen production process.

Dev Sanyal, bp’s executive vice president of gas and low carbon energy said:
  • Blue hydrogen, integrated with carbon capture and storage, can provide the scale and reliability needed by industrial processes
  • It can also play an essential role in decarbonising hard-to-electrify industries and driving down the cost of the energy transition.
  • H2Teesside, together with NZT and NEP, has the potential to transform the area into one of the 1st carbon neutral clusters in the UK
With close proximity to North Sea storage sites, pipe corridors and existing operational hydrogen storage and distribution capabilities, the area is uniquely placed for H2Teesside to help lead a low carbon transformation.

UK Energy Minister Anne-Marie Trevelyan, said:
  • Driving the growth of low carbon hydrogen is a key part of the PM’s Ten Point Plan & Energy White Paper and can play an important part in helping us end our contribution to climate change by 2050
  • Clean hydrogen has huge potential to help us fully decarbonise across the UK
The project would be developed in stages, with an initial 500MW of blue hydrogen capacity in production by 2027 or earlier and additional capacity to be deployed by 2030 as decarbonisation of the industrial cluster and hydrogen demand gathers pace.
bp sees potential for further hydrogen demand in Teesside beyond 2030.

To read the news in Russian.

Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru