UK commits £22bn to boost blue hydrogen and CCUS in Teesside and Merseyside
The UK Government has confirmed almost £22bn ($28.9bn) of funding over 25 years to two major carbon capture, utilisation and storage (CCUS) and blue hydrogen clusters.
The UK Government has confirmed almost £22bn ($28.9bn) of funding over 25 years to two major carbon capture, utilisation and storage (CCUS) and blue hydrogen clusters.
Recent events, including the scrapping of several large-scale and high-profile European projects, have suggested that hunger for blue hydrogen could be waning.
ADNOC has agreed to take a 35% equity stake in ExxonMobil’s blue hydrogen and ammonia project in Texas, the US.
Nu:ionic Technologies and RW Energy have agreed to implement hydrogen production and carbon capture technologies into energy parks located across the US.
Two Canadian companies are looking to construct a new gas turbine power plant that could be powered by blends of low-carbon hydrogen produced from an electrified steam methane reforming (SMR) process.
Air Products will acquire Saneg’s hydrogen production assets at the Fergana Oil Refinery in Uzbekistan for a reported $140m.
Air Products and Chemicals has put its South Korean unit up for sale for an estimated $3.6bn which will be used to back its blue hydrogen business, according to reports.
bp has entered the final stages of negotiations with the UK Government for its 1.2GW blue hydrogen production project on Teesside.
Saudi Aramco has agreed to buy a 50% stake in Air Products Qudra’s (APQ) Saudi-based blue hydrogen subsidiary Blue Hydrogen Industrial Gases Company (BHIG).
Nu:ionic Technologies and XRG Technologies have developed an electrified emission-free reactor capable of producing low carbon “Teal Hydrogen.”
