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
European chemicals sector rises to climate challenge
1 December 2021
Industry responds to EU’s ‘Fit for 55’ package with new business models and alliances with other sectors, says PwC’s global head of chemicals
Petronas eyes Asian hydrogen markets
1 December 2021
Firm is moving ahead with green and blue hydrogen projects with goal of supplying existing LNG customers
Precious metal recovery vital – panel
1 December 2021
Recycling proton-exchange membrane electrolysers and fuel cells at the end of their lives will help address supply concerns
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video