BP Plans Major Green Hydrogen Project in England
November 29 2021 - 3:37AM
Dow Jones News
By Jaime Llinares Taboada
BP PLC said Monday that it is planning a major green hydrogen
project in Teesside, in the northeast of England.
The HyGreen Teesside project could deliver up to 500 megawatts
of electrical input of hydrogen production by 2030, the oil-and-gas
company said. The facility is to be developed in multiple stages,
and BP is aiming to start production by 2025 with an initial phase
of around 60 megawatts.
A final investment decision on the project is expected in 2023,
BP said.
HyGreen Teesside is in addition to BP's already-proposed
H2Teesside blue hydrogen project. Blue hydrogen is produced using
natural gas and capturing the emissions generated in the process,
whereas green hydrogen uses renewable power.
"Low-carbon hydrogen will be essential in decarbonizing
hard-to-abate industrial sectors including heavy transport.
Together, HyGreen and H2Teesside can help transform Teesside into
the U.K's green heart, strengthening its people, communities and
businesses," Louise Jacobsen Plutt, BP's senior vice president for
hydrogen and CCUS, said.
HyGreen Teesside and H2Teesside together could deliver 30% of
the U.K.'s target of developing 5 gigawatts of hydrogen production
by 2030, BP said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
November 29, 2021 03:22 ET (08:22 GMT)
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