Hazer Group Partners with EnergyPathways for Clean Hydrogen Production in Northwest England
Key Ideas
- Hazer Group and EnergyPathways signed an MOU to integrate a hydrogen production facility with the Marram Energy Storage Hub in Northwest England.
- The collaboration aims to produce 20,000 tonnes of hydrogen annually, utilizing raw materials from MESH for hydrogen, ammonia, and graphite production and distribution.
- The partnership reflects global momentum in clean hydrogen production and supports the UK's energy policies, with a focus on achieving cost-effective decarbonization pathways.
- The Hazer facility will contribute to the UK's hydrogen strategy to increase low carbon hydrogen production to 10 gigawatts by 2030, aiding in reducing carbon emissions in transportation and power generation.
Hazer Group (ASX:HZR) and EnergyPathways (LSE:EPP) have established a memorandum of understanding (MOU) to collaborate on a significant clean energy project in Northwest England. The partnership aims to integrate Hazer's hydrogen production facility with the Marram Energy Storage Hub (MESH) to produce up to 20,000 tonnes of hydrogen per year. By utilizing raw materials from MESH, the facility plans to produce, store, and distribute hydrogen, ammonia, and graphite across the region. Both companies will assess production levels through upcoming engineering studies.
Hazer CEO, Glenn Corrie, expressed enthusiasm for producing affordable, low carbon products by leveraging their technologies with EnergyPathways' MESH project. The UK Government's support for diverse pathways to decarbonize hard-to-abate sectors is acknowledged, with methane pyrolysis technology like Hazer's playing a crucial role.
The partnership also involves a strategic alliance with KBR (NYSE:KBR) for ammonia manufacturing at the facility. EnergyPathways CEO, Ben Clube, emphasized the focus on innovative solutions to align with the UK's energy policies. The collaboration is geared towards creating a large-scale clean hydrogen production facility that integrates with the MESH storage project, aiming to offer cost-effective decarbonization pathways.
The agreement is expected to contribute to the UK's hydrogen strategy, which targets a significant increase in low carbon hydrogen production by 2030. Hydrogen's role in reducing global carbon emissions is highlighted, particularly in transportation and power generation sectors. The partnership signifies a step towards sustainable energy solutions and emphasizes the joint commitment to advancing clean hydrogen technologies.
Topics
Projects
Clean Energy
Energy Storage
Partnership
Industrial Decarbonisation
Technology Solutions
UK Government Support
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