Vertex Hydrogen to supply over 1,000 MW of hydrogen to UK industries

In India, Mint reported that Vertex Hydrogen, which is developing the UK’s first large scale, low carbon hydrogen production hub at Essar’s site in Ellesmere Port, has signed agreements to supply over 1,000MW of low carbon hydrogen to leading industries in the region. The project will capture some 1.8 million tons of CO2 per annum to be stored by the HyNet project to reduce more than 10% of the region’s industrial emissions — the equivalent to taking 750,000 cars off the roads, said Vertex Hydrogen, which is a joint venture between Essar and Progressive Energy. “This offtake agreement and our other initiatives are continuing examples of us taking clear actions to deliver our strategic goals. We are proud to be a leader in the region and the UK more broadly in industrial decarbonization,” Deepak Maheshwari, CEO of Essar Oil UK, said. “We have always said that Vertex is demand-led from leading industrial companies and we have now signed agreements for over 1000MW of hydrogen – our entire expected production capacity from the initial phases of our project. This milestone gives us huge confidence in the economics of the project and the long-term demand for low carbon hydrogen in the coming decades,” Joe Seifert, CEO of Vertex Hydrogen, said.

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