bp submits bid for green hydrogen project on Teesside
bp today submitted a bid for its proposed large-scale green hydrogen production facility, HyGreen Teesside, to the UK government’s Hydrogen Business Model (HBM) and Net Zero Hydrogen Fund (NZHF). Both HMB and NZHF aim to kickstart the low carbon hydrogen economy across the UK and support commercial deployment. bp also confirmed four new Memorandums of Understanding (MoUs) for use of the green hydrogen in business and communities.
HyGreen Teesside aims to be one of the biggest green hydrogen facilities in the UK, targeting production by 2025 with an initial planned phase of 80MWe of installed hydrogen production capacity. It could play an important role in the delivery of the UK’s net zero targets and aims to deliver up to 5% of the UK’s hydrogen target of 10GW by 2030 upon reaching its planned expansion of up to 500MWe.
The project would help fuel the development of Teesside into the UK’s first major hydrogen transport hub by providing enough low carbon hydrogen to power the equivalent of over 10,000 Heavy Goods Vehicles. Its green hydrogen could also be used to power hard-to-abate sectors and heavy industry and heat homes.
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