ExxonMobil, SGN, Green Investment Group to explore potential for Southampton Hydrogen hub

In the United Kingdom, SGN, Macquarie’s Green Investment Group and Esso Petroleum Company, Limited (an ExxonMobil affiliate) signed a Memorandum of Understanding to explore the use of hydrogen and carbon capture to help reduce emissions in the Southampton industrial cluster. Southampton has one of the largest industrial sectors in the United Kingdom, and is both a critical element of the country’s energy supply chain and an important gateway for trade in global markets.

The initial feasibility study by SGN and GIG estimated that carbon capture facilities could initially capture approximately 2 million tonnes of CO2 per year, including from initial hydrogen production of around 4.3 TWh of hydrogen per year. This could also attract significant investment in the community, support existing employment and stimulate the creation of local jobs. If technical and business feasibility is confirmed, and with the right Government support, hydrogen production could commence as early as 2030.