TIDMITM
RNS Number : 0623V
ITM Power PLC
12 April 2021
12 April 2021
ITM Power plc
("ITM Power" or "the Company")
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
GBP58.8 million fundraising, including an investment by Linde of
GBP38 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 GBP172m fundraising, including a GBP30m
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
-ends-
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