Related Articles
Octopus manages more than 300 solar sites
Forward article link
Share PDF with colleagues

Octopus and RES to invest £3bn in UK green hydrogen

Partnership is evaluating several sites for construction of green hydrogen production and is in discussion with offtakers

Renewable energy firms Octopus Energy and RES have announced a partnership to invest £3bn ($4.1bn) to build new green hydrogen plants across the UK by 2030. The partnership is evaluating several sites for construction of green hydrogen production but has not made a final decision on any of them. “We are active on several promising projects. Octopus Energy and RES will be working with offtakers to locate the best options for them,” Octopus tell Hydrogen Economist. The partners have begun discussions with offtakers in the industrial sector, but no firm agreements have been signed yet. They are inviting other industrial users interested in hydrogen offtake to contact them about supply agreem

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Schott receives €5mn for hydrogen technologies
26 November 2021
German glass manufacturer is looking at ways to replace natural gas with hydrogen in the heating of furnaces
Germany doubles hydrogen goal
26 November 2021
Incoming coalition ramps up target for electrolyser capacity and gives priority to green hydrogen coupled with offshore wind
UK can be hydrogen leader – Johnson Matthey
26 November 2021
As an early adopter, nation can create a new supply chain and workforce across the country as it looks to capitalise on growing sector, says firm
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video