New Delhi: Essar Energy Transition (EET) on Friday announced the installation of Europe's first hydrogen-ready combined heat and power (CHP) plant at its Stanlow refinery at Ellesmere port in the United Kingdom.
Construction of the power station is a key part of EET's $3 billion global energy transition initiatives in the north west of England.
The company aims to complete the EET Hydrogen Power project in 2027, he said in a statement.
The investment will support EET Fuels' ambition to become the world's leading low-carbon process refiner and EET Hydrogen's ambition to become the UK's leading producer of low-carbon hydrogen. It will also provide low-carbon energy to other industrial users in the region to support their decarbonisation goals.
EET Hydrogen Power will become an independent vertical under EET.
The project will be developed in two phases to reach a capacity of 125 MW and reduce 740,000 tons of carbon dioxide per year.
The new plant will replace Stanlow's existing boiler units, which generate approximately 50 MW of power for the refinery's operations. The plant is integral to the decarbonisation of operations at EET Fuels' Stanlow refinery, which plans to reduce total emissions by 95 per cent by 2030, to become the world's lowest-carbon refinery.
Tony Fountain, managing partner of Essar Energy Transition, commented: "The launch of EET Hydrogen Power shows the progress EET is making in delivering on its commitment to putting the UK at the forefront of low carbon energy. EET Hydrogen Power “It helps make this commitment a reality and demonstrates our intention to show the world the way to decarbonize vital high-emission industries.”
Construction of the power station is a key part of EET's $3 billion global energy transition initiatives in the north west of England.
The company aims to complete the EET Hydrogen Power project in 2027, he said in a statement.
The investment will support EET Fuels' ambition to become the world's leading low-carbon process refiner and EET Hydrogen's ambition to become the UK's leading producer of low-carbon hydrogen. It will also provide low-carbon energy to other industrial users in the region to support their decarbonisation goals.
EET Hydrogen Power will become an independent vertical under EET.
The project will be developed in two phases to reach a capacity of 125 MW and reduce 740,000 tons of carbon dioxide per year.
The new plant will replace Stanlow's existing boiler units, which generate approximately 50 MW of power for the refinery's operations. The plant is integral to the decarbonisation of operations at EET Fuels' Stanlow refinery, which plans to reduce total emissions by 95 per cent by 2030, to become the world's lowest-carbon refinery.
Tony Fountain, managing partner of Essar Energy Transition, commented: "The launch of EET Hydrogen Power shows the progress EET is making in delivering on its commitment to putting the UK at the forefront of low carbon energy. EET Hydrogen Power “It helps make this commitment a reality and demonstrates our intention to show the world the way to decarbonize vital high-emission industries.”
