M&S Agreement

20th January 2012

ITM Power (AIM: ITM),the energy storage and clean fuel company, is pleased to announce that it has signed a pilot agreement with M&S (LSE:MKS) to deliver the UK’s first hydrogen fuel cell materials handling trial using on-site hydrogen generation.

Using the ITM Power HFuel platform to generate hydrogen, the six week trial involves M&S using several fuel cell vehicles as a direct substitute for part of the existing battery powered fleet. The vehicles will be deployed at M&S’s 1.1million sq. ft. Prologis Park Distribution Centre.

The trial forms part of the M&S Plan A initiative, and aims to deliver zero emission vehicles with superior performance and a two minute refuel time. The trial is the first of its kind in the UK and demonstrates the cutting edge vision of M&S and ITM Power.

The global materials handling market, valued at $20B, is seen as a key early adoption market for hydrogen with fuel cells already being able to offer superior performance to battery powered systems.

Graham Cooley, CEO of ITM Power commented: “The involvement of companies such as M&S is essential to developing commercially viable hydrogen solutions for the materials handling industry. We are extremely pleased to be conducting this trial with M&S who continue to lead the way for sustainable technology deployment.”

Darrell Stein, Director of IT and Logistics for M&S commented: “We are excited to be trialing this solution with a company like ITM Power, and with a technology which has the potential to drive significant carbon reductions from our warehouse operations. If we’re to achieve our ambitious goal of becoming the world’s most sustainable major retailer then we must continue to innovate and push the boundaries in every part of our business”.



Rebecca Markillie
Marketing & Communications
E: rlm@itm-power.com
Recent stories
  • Trading and Operations Update

    30th November 2017
    ITM Power announce an update on trading and operations for the period since the announcement of its successful placing and open offer on 29 September 2017. The Company maintains its focus on increasing commercial sales and currently has £20.2m of projects under contract and a further £22.4m of contracts in the final stages of negotiation. The total of £42.6m is an increase of £5.9m in the two months since the placing and open offer announcement.
  • Large Scale Power-to-Gas Energy Storage Deployment Study with Northern Gas Networks

    9th November 2017
    ITM Power announce that it has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) as part of the Energy Storage Feasibility Study Competition launched in January 2017 to collaborate with Northern Gas Networks (NGN) to undertake a study examining the potential deployment of large-scale Power-to-Gas energy storage. The Company’s order pipeline stands at £19.9m of projects under contract and £20.4m of contracts in the final stages of negotiation, totalling £40.3m (subject to exchange rate variation).
All news stories