Green hydrogen gamer chooses UK site

Jun 7, 2023 12:48 PM ET
  • Meld Energy's proposed 100MW facility is planned for Saltend Chemicals Park in Hull
Green hydrogen gamer chooses UK site

PX Group's Saltend Chemicals Park in Hull, UK has actually been chosen as the site for the construct of a green hydrogen facility being developed by Meld Energy.

The action represents an investment of between ₤ 180m as well as ₤ 240m by the green hydrogen industrial programmer.

Meld Energy is a worldwide hydrogen advancement business as well as is working with the international energy management firm, World Fuel Services Corporation, to establish green hydrogen supply chains.

World Kinect Sustainability Ventures, a subsidiary of the publicly listed US Fortune 500 business, obtained a 50% stake in Meld in late 2022.

Meld is presently bidding for growth support from the UK's Net Zero Hydrogen Fund.

Must the proposal win government support, FEED (Front End Engineering Design) is anticipated to begin in November 2023 and would run simultaneously with planning application procedures.

Structure would certainly commence less than a year later with a target operation in very early 2027.

The facility would certainly have an initial mounted capacity of 100MW and the potential to increase its capacity to over 200MW in a second development stage.

Meld would certainly utilise PPAs (Power Purchase Agreements) with renewable resource providers.

The hydrogen produced by Meld would certainly be made use of to provide energy on-site at Saltend, helping to switch from more carbon-intensive fuels and chemical feedstock to emissions-free green hydrogen.

The Humber is the UK's the majority of carbon-intensive area.

Source:
renews.biz

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