Global energy operator bp has submitted a formal bid to the Government in the hope it will receive support for its proposed green hydrogen facility on Teesside.
HyGreen Teesside is hoped to be operational by 2025, at which point it would initially deliver 80MWe of installed hydrogen production capacity. bp hopes to provide 5% of the UK’s hydrogen target of 10GW by 2030 - targeting energy-intensive, heavy industry.
The submission to the Government's Hydrogen Business Model (HBM) and Net Zero Hydrogen Fund (NZHF) could see bp receive some of the £240m grant funding available for such projects and designed to support upfront costs. Louise Kingham, bp’s UK head of country and senior vice president of Europe, said: "We 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.
