Powerhouse Energy Signs Landmark Agreement for Hydrogen Supply in Northern Ireland
Key Ideas
- Powerhouse Energy Group PLC secures exclusive deal to supply 99.999% purity hydrogen for BSH's Fuel Cell project in Ballymena, Northern Ireland.
- The agreement is a significant advancement for Powerhouse Energy's technology that converts non-recyclable waste into low-carbon energy.
- The Letter of Intent aims to establish hydrogen supply at a competitive price, fostering the utilization of hydrogen for sustainable energy solutions.
- BSH's commitment to prioritize fuel accessibility at reasonable prices highlights the importance of securing reliable hydrogen sources for energy projects.
Powerhouse Energy Group PLC has announced a crucial milestone by signing a Letter of Intent (LoI) with B.S. Holdings Limited (BSH) to exclusively provide 99.999% purity hydrogen for the proposed Fuel Cell project in Ballymena, Northern Ireland. This collaboration is pivotal for Powerhouse Energy as it showcases their waste-to-energy technology that generates low-carbon energy. The agreement, still undergoing finalization, involves key project participants such as DESNZ, Ecotricity, SONI, and NIE Networks. Powerhouse's CEO, Paul Emmitt, expressed enthusiasm for this groundbreaking agreement that addresses the challenge of securing appropriate offtake agreements for hydrogen. By offering hydrogen at a competitive price, Powerhouse aims to support sustainable energy solutions in the region. Additionally, the LoI outlines plans for Powerhouse to provide hydrogen for other CHP projects in the Mid and East Antrim Council area. BSH's CEO, Brian Hood, emphasized the critical role of fuel accessibility in project success, positioning this agreement as a significant step towards advancing hydrogen utilization in the energy sector.
Topics
Power
Renewable Energy
Technology
Sustainability
Energy Sector
Business Partnership
Waste-to-energy
Commercial Agreement
Northern Ireland
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