{"id":26164,"date":"2022-10-12T13:56:34","date_gmt":"2022-10-12T12:56:34","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=26164"},"modified":"2022-10-12T13:56:34","modified_gmt":"2022-10-12T12:56:34","slug":"bp-submits-government-bid-for-teesside-green-hydrogen-plant","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/bp-submits-government-bid-for-teesside-green-hydrogen-plant\/26164\/","title":{"rendered":"bp submits government bid for Teesside green hydrogen plant"},"content":{"rendered":"
Today, bp has submitted a bid for its proposed large-scale green hydrogen plant, HyGreen Teesside, to the UK Government\u2019s Hydrogen Business Model (HBM) and Net Zero Hydrogen Fund (NZHF). Both the HMB and NZHF seek to set up the UK\u2019s low-carbon hydrogen economy and support commercial development. The company also established four new Memorandums of Understanding (MoUs) regarding the use of green hydrogen in businesses and communities.\u00a0<\/span>\u00a0<\/span><\/p>\n bp\u2019s planned green hydrogen plant, HyGreen Teesside, has the potential to be one of the biggest green hydrogen facilities in the UK. The plant is targeting production by 2025, with an initial planned phase of 80MWe of installed hydrogen production capacity. There is a possibility that HyGreen Teesside could play a major role in assisting the UK with its net-zero goals, aiming to deliver up to 5% of the UK\u2019s hydrogen target of 10GW by 2030, when its planned expansion of up to 500MWe is reached.\u00a0<\/span>\u00a0<\/span><\/p>\n The green hydrogen plant will provide enough low-carbon hydrogen to power the equivalent of 10,000 Heavy Goods Vehicles, subsequently positioning Teesside as the UK\u2019s first major hydrogen transport hub.\u00a0<\/span>\u00a0<\/span><\/p>\n Louise Kingham, bp\u2019s UK Head of Country and Senior Vice President of Europe, said: \u201cWe aim to produce green hydrogen that can help decarbonise industries, heavy transport, and even provide heat in homes. And we think HyGreen Teesside has the potential to transform energy use, the economy, and skills in the local region.\u00a0<\/span>\u00a0<\/span><\/p>\n \u201cThe strong support we\u2019re already seeing from customers reflects the need for us to deliver this for both Teesside and the wider UK. We\u2019re not stopping there \u2013 our plans for mobility will also help drive the UK\u2019s position in pioneering hydrogen and battery electric technology in transportation. Together, these can help deliver economic growth for the region and the home-grown hydrogen that the UK needs.\u201d\u00a0<\/span>\u00a0<\/span><\/p>\n In the region, the proposed hydrogen plant is drawing strong customer interest.\u00a0<\/span>\u00a0<\/span><\/p>\nbp\u2019s planned green hydrogen plant<\/span>\u00a0<\/span><\/h3>\n