Octopus and Baywa to develop UK green hydrogen
Partners plan to power 6,500kg/d of hydrogen production with on-site renewable energy
A subsidiary of UK energy company Octopus and renewables developer Baywa Re have signed a memorandum of understanding to collaborate on green hydrogen projects in the UK. Octopus will install electrolysers and hydrogen compression and storage facilities alongside selected Baywa wind and solar projects. The partners estimate initial projects could produce up to 6,500kg/d hydrogen. Co-location with renewable energy projects ensures low electricity costs for running an electrolyser, Octopus says. Hydrogen production will consume 30-40pc of generated renewable energy, with the rest fed to the grid. “We want to develop and establish a decentralised model for green hydrogen production. Our partner
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome