EnergyPathways PLC Signs MOU for Clean Hydrogen Production in the UK
Key Ideas
  • EnergyPathways PLC signed a memorandum of understanding with Hazer Group to develop a hydrogen production facility in the UK using cutting-edge methane pyrolysis technology.
  • The facility aims to produce 20,000 tonnes of clean hydrogen annually, along with clean ammonia and synthetic graphite, contributing to the reduction of carbon emissions in hard-to-decarbonize sectors.
  • The project aligns with the UK government's goals to reduce Scope 3 emissions and enhance the domestic supply of critical materials while providing low-carbon power solutions for the grid through EnergyPathways' MESH energy storage project.
  • Both companies will collaborate on detailed engineering studies to advance the plant's design and feasibility, with plans to move towards full-scale development in the near future.
EnergyPathways PLC, listed on the AIM market as EPP, has made a significant move towards promoting clean energy initiatives in the United Kingdom. By entering into a memorandum of understanding with Hazer Group, the companies aim to establish a hydrogen production facility utilizing advanced methane pyrolysis technology. This approach is crucial for reducing carbon emissions, particularly in industries that are challenging to decarbonize, such as heavy industry and transport. Methane pyrolysis, the innovative process employed by Hazer Group, involves splitting methane into hydrogen and solid carbon without generating carbon dioxide, a prominent greenhouse gas. This method facilitates the production of 'clean hydrogen' which is pivotal for sustainable energy solutions.
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