Ulrica Fearn, Equinor CFO
Equinor still evaluating UK hydrogen prospects
Work still to be done before firm can give exact timings on deployment
Norway’s Equinor will not be making FIDs on its UK hydrogen projects in the immediate future as it looks to evaluate the viability of the projects. The company has three key projects in the UK. It is leading the H2H Saltend low-carbon hydrogen facility, which is part of the Zero Carbon Humber project; it is developing a hydrogen power station at Keadby in Lincolnshire with London-listed SSE Thermal; and it is also part of the Northern Endurance Partnership, which will store CO₂ from the Net Zero Teesside and Zero Carbon Humber clusters—now combined to form the East Coast Cluster. Overall, the firm has a target to produce 1.8GW of clean hydrogen in the UK. But despite the East Coast Cluster
Also in this section
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
