April 2021

Electolyser Capacity Doubled at First Green Hydrogen for Glasgow Project

Planning application submitted for UK’s largest electrolyser facility

 

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to provide an update on the Green Hydrogen for Glasgow project with project partners ScottishPower and BOC.

 

A planning application has now been made for a 20MW electrolyser to be sited at ScottishPower Renewables’ Whitelee Wind Farm near Glasgow, the UK’s largest onshore wind farm. This represents a doubling in the planned electrolyser scale capacity and is in response to market demand.  ScottishPower expects a decision on the planning application by the end of autumn 2021.

 

The Whitlee Wind Farm is the first site for which planning permission has been sought as part of the Green Hydrogen for Glasgow project.  The project is designed to provide carbon-free transport and clean air for communities across the city, which wants to become the first net-zero city in the UK by 2030.

 

The proposed green hydrogen project will be led by ScottishPower and located on the outskirts of Glasgow.  The project will be engineered and operated by BOC, using wind and solar power produced by ScottishPower Renewables, and incorporate a 20MW electrolyser, delivered by ITM Power.  The project aims to supply hydrogen to the commercial market before 2023.

 

The Green Hydrogen for Glasgow project was announced in September 2020, as part of a wider Green Hydrogen for Scotland partnership.  The submission marks an important step for the partnership between ScottishPower, BOC and ITM Power to create green hydrogen production facilities with clusters of refuelling stations across Scotland.  These clusters will allow Scotland’s abundant renewable wind and power generation capacity to be converted to hydrogen for use by vehicles, supporting efforts to achieve net zero by 2045.

 

Graham Cooley CEO ITM Power, commented: “This is an exciting milestone based on market development for green hydrogen for the city of Glasgow, that will see the UK’s largest electrolyser deployment to date being realised in Scotland.”

 

Barry Carruthers, ScottishPower’s Hydrogen Director, said: “With all eyes set to be on Glasgow later this year as the city hosts the UN’s 26th climate change conference, COP26, it’s fantastic to be making this next important step towards delivering green hydrogen for Glasgow.

 

“Whitelee keeps breaking barriers, first the UK’s largest onshore wind farm, and soon to be home to the UK’s largest electrolyser. The site has played a vital role in helping the UK to decarbonise and we look forward to delivering another vital form of zero carbon energy generation at the site to help Glasgow and Scotland achieve their net zero goals.”

 

Mark Griffin, Hydrogen Market Development Manager for Clean Fuels at BOC said: “The scale of this project demonstrates the growing demand for clean hydrogen and as a member of the Green Hydrogen for Scotland partnership, we’re delighted to bring our hydrogen mobility and refuelling project expertise to help deliver a ground-breaking facility in Glasgow.”

 

For further information please visit www.itm-power.com or contact:

 

ITM Power plc

+44 (0)114 551 1205

James Collins, Investor Relations

 

 

 

Investec Bank plc (Nominated Adviser and Broker)

+44 (0)20 7597 5970

Jeremy Ellis / Chris Sim / Ben Griffiths

 

 

 

Tavistock (Financial PR and IR)

+44 (0)20 7920 3150

Simon Hudson / Edward Lee / Tim Pearson

 

 

About Green Hydrogen for Glasgow

Green Hydrogen for Glasgow will support Glasgow City Council’s ambition to create a zero emissions vehicle fleet, using only electric and hydrogen-powered vehicles by the end of 2029. The green hydrogen facility at Whitelee, Scotland’s largest onshore wind farm, will house a 20MW electrolyser and would be able to produce up to 8 tonnes of green hydrogen per day, roughly equivalent to fueling 550 buses to travel from Glasgow to Edinburgh and back again each day. The facility will be powered by the 40MW solar farm, across 62,000 individual solar cells, and a 50MW battery energy storage scheme which are also part of the planning submission. The facility, solar farm and battery will be installed about 5km west of Lochgoin Reservoir and adjacent to the existing Whitelee Extension substation.

 

About ITM Power plc:

ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. In October 2019, the Company announced the completion of a £58.8 million fundraising, including an investment by Linde of £38 million, together with the formation of a joint venture with Linde to focus on delivering renewable hydrogen to large-scale industrial projects worldwide. ITM Power signed a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. In November 2020, ITM Power completed a £172m fundraising, including a £30m investment by Snam, one of the world’s leading energy infrastructure operators. ITM Power operates from the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum. ITM Power received an order for the world’s largest PEM electrolyser of 24MW from Linde in January 2021. Other customers and partners include Sumitomo, Ørsted, Phillips 66, Scottish Power, Siemens Gamesa, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, GNVert, National Express, Toyota, Hyundai and Anglo American among others.

 

About ScottishPower Renewables

ScottishPower Renewables is part of Iberdrola, a world leader in clean energy with an installed capacity of over 28,000MW, and the leading wind energy producer worldwide. Responsible for progressing Iberdrola’s wind energy projects in the UK, ScottishPower Renewables also manages the development, construction and operation of offshore windfarms throughout the world and currently has 40 operational windfarm sites producing over 2,000MW.

www.scottishpowerrenewables.com

 

About BOC

BOC, a Linde company, is leading the UK and Ireland’s drive to enable commercial and private hydrogen transport supported by a UK-wide refuelling network. Its clean fuels team designs, builds and operates proven, reliable and scalable refuelling station solutions that offer fast and familiar refuelling, using hydrogen. It supports local councils and transport operators who are aiming to take immediate action on air pollution and achieve net zero emissions by 2050. BOC is a trusted partner with over 25-years’ experience progressing hydrogen as a fuel. It has worked on a range of infrastructure projects including the UK’s first open access hydrogen refuelling station in Swindon and Europe’s largest and highest performing refuelling station at Kittybrewster, Aberdeen. It has also delivered ground-breaking ventures internationally, including the roll-out of hydrogen-fuelled trains in Germany with project partners, Alstom.

www.boconline.co.uk

Published in News
Thursday, 08 April 2021 09:46

Publication of Inaugural ESG Report

ITM Power plc

(“ITM Power” or “the Company”) 

 

Publication of Inaugural ESG Report

ITM Power (AIM: ITM), the energy storage and clean fuel company, announces the release of its inaugural Environmental, Social and Governance (“ESG”) Report and the launch of its new ESG strategy: “Sustainable Energy, Engineered Sustainably”.  The report is available on the Company’s web site at: ITM_Power_ESG_Report_2020.pdf (itm-power.com)

The Report covers the period from January to December 2020.  It sets out ITM Power’s current progress in ESG areas including energy and greenhouse gas emissions, employee health and safety, diversity and inclusion, human rights, employee training and education and stakeholder engagement.  It also sets out the Company’s ambitious new targets, which include:

  • Calculating and reporting on Scope 1, 2 and 3 greenhouse gas emissions
  • Reaching net zero greenhouse gas emissions before 2050
  • Rolling out the new ITM Academy to invest in employees, skills and training
  • Developing ITM Nurture to invest in outreach, dissemination and local community projects
  • Assessment of all critical suppliers and 50% of other direct material suppliers by May 2022

The strategy and report have been overseen by ITM Power’s new ESG Committee, chaired by Non-Executive Director Katherine Roe. The process and targets are designed to ensure that the sustained growth of ITM Power protects people and the planet, and delivers long-term value and transparency for shareholders and stakeholders.

ITM Power has joined the UN’s “Race To Zero”, a global campaign to rally leadership and support from businesses, cities, regions and investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.  The Company was also proud to have been awarded the London Stock Exchange’s “Green Economy” mark in 2019.

The next ESG report will be published in 2022, and will cover the period from January 2021 to April 2022, in order to align with ITM Power’s financial reporting year.

Dr Graham Cooley, CEO, ITM Power said: “By unlocking the power of green hydrogen, our products are helping the world reach net zero.  But we need to bring that same ambition to everything we do as a business – whether that’s developing our employees, investing in our local communities or minimising our own carbon footprint.  Our Sustainable Energy, Engineered Sustainably strategy will help us to achieve that goal.”

Katherine Roe, Non-Executive Director and Chair of ITM Power’s ESG Committee added: “We want ITM Power to be a business that is sustainable for the long-term, that supports the world’s energy transition, for our children and grandchildren. That means setting ambitious goals and sharing our progress towards them publicly and honestly. This report marks the first step on that journey.”

For further information please visit www.itm-power.com or contact:

ITM Power plc

+44 (0)114 551 1205

James Collins, Head of IR

 

 

 

Investec Bank plc (Nominated Adviser and Broker)

+44 (0)20 7597 5970

Jeremy Ellis / Chris Sim / Ben Griffiths

 

 

 

Tavistock (Financial PR)

+44 (0)20 7920 3150

Simon Hudson / Edward Lee / Tim Pearson

 

 

About ITM Power plc:

ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004.  In October 2019, the Company announced the completion of a £58.8 million fundraising, including an investment by Linde of £38 million, together with the formation of a joint venture with Linde to focus on delivering renewable hydrogen to large-scale industrial projects worldwide.  ITM Power signed a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. In November 2020, ITM Power completed a £172m fundraising, including a £30m investment by Snam, one of the world’s leading energy infrastructure operators. ITM Power operates from the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum. ITM Power received an order for the world’s largest PEM electrolyser of 24MW from Linde in January 2021. Other customers and partners include Sumitomo, Ørsted, Phillips 66, Scottish Power, Siemens Gamesa, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, GNVert, National Express, Toyota, Hyundai and Anglo American among others.

Published in News

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