Energy firms Octopus Hydrogen, Innova Renewables and Novus have formed a partnership to build facilities to produce up to 800t/yr of green hydrogen around the UK.
Electrolysers ranging in size between 2MW and 20MW will be connected to 4GW of solar, wind and battery projects operated by Innova. Octopus will design, build and operate the facilities and directly purchase energy from the generation sites via long-term power-purchase agreements.
The partners have already secured offtake agreements with end-users in the transport sector, according to Octopus.
800t/yr – Potential green hydrogen production
“Feasibility has already been completed, so now we are focusing on planning and permitting,” Octopus tells Hydrogen Economist. “Offtake has already been sorted.” Octopus will also be responsible for delivery to those end-users.
The partnership is in the process of selecting a manufacturer for the electrolysers, and an announcement will be made “in due course”, Octopus says. The company has previously signed a contract with manufacturer Green Hydrogen Systems to use their alkaline electrolysers in separate green hydrogen project in the UK.
Octopus’ optimisation software will be used to ensure the electrolysers run when electricity is cheapest.
The partnership will help with the business case for renewables deployment, according to Robin Dummett, managing director of Innova. “Our partnership with Octopus Hydrogen is a key element in our strategy to develop renewable energy hubs across the UK and will help us accelerate the deployment of our 4GW pipeline,” he says.
Author: Tom Young