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Octopus Hydrogen has agreed a deal with Innova Renewables and consultancy Novus to design, build and operate green hydrogen production at several sites across the UK.
The company will install electrolysers, typically between 2 and 20MW in scale, as well as compression and mobile hydrogen storage alongside 4GW of solar, wind and battery projects currently under development by Innova.
The green hydrogen production facilities will be connected to the renewable generation which will be purchased via long-term power purchase agreements. Between 500-2,500KG of hydrogen is expected to be produced daily and will be supplied to local businesses in the transport sector.
Octopus said its optimisation software will be used to control the electrolysis, choosing the best times to use green electricity to produce the hydrogen.
Will Rowe, founder and chief executive of Octopus Hydrogen, said: “This is an incredibly exciting step forward on the journey for Octopus Hydrogen. Partnering with Innova and Novus will allow us to develop and establish our decentralised model for green hydrogen production in the UK.
“Through this partnership we will increase the amount of green hydrogen available in the UK by approximately 25 tonnes per day, enough to decarbonise over 500 long haul HGVs.
“We need to see electrification wherever possible, for home heating and domestic cars, but we also need green hydrogen to help decarbonise the hard-to-abate parts of the transport sector.”
Robin Dummett, founder and managing director of Innova, said: “Our partnership with Octopus Hydrogen is a key element in our strategy to develop renewable energy hubs across the UK and will help us accelerate the deployment of our 4GW pipeline.”
Ryan Adams, director of Novus, said: “We are delighted to be partnering with Octopus Hydrogen to help boost the supply of green hydrogen in the UK as part of our collective journey towards net zero.
“Together with Octopus Hydrogen and Innova Renewables, we hope to begin making the green hydrogen economy a reality, demonstrating to both business and consumers that use of green hydrogen is not just a long-term vision but something available to them today.”
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