Welcome To IANS Live - BUSINESS - Essar to set up low carbon hydrogen production hub in UK
The joint venture will manufacture hydrogen at the refinery for use across the HyNet region.
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The joint venture will manufacture hydrogen at the refinery for use across the HyNet region.
Synopsis The company said that the project will provide Essar Oil UK low-carbon hydrogen to decarbonise its own energy demand and help create a hydrogen economy across North West England and North East Wales. Getty Images The UK’s first low carbon hydrogen hub will initially produce three terawatt-hours (TWh) of low carbon hydrogen each year from 2025. Mumbai: Essar Oil UK, along with clean energy Progressive Energy, plans to jointly invest £750 million to set up two hydrogen production hubs at Essar’s Stanlow Refinery, the former which is controlled by billionaire brothers Sahshi Ruia...
The two firms are drawing up plans to produce hydrogen and capture CO2 at an oil refinery in Ellesmere Port