Energy Minister Kwasi Kwarteng officially launched the UK’s hydrogen strategy yesterday (August 17) from ITM Power’s new gigafactory in Sheffield.
The Minister also officially opened the 1GW site during the same visit and helped to put together ITM Power electrolyser stacks.
“Hydrogen has the potential to provide a third of the UK’s energy in the future,” Kwarteng said.
“Our first-ever hydrogen strategy sets out how we will back this technology, ramp up domestic production and create a new, British industry that will thrive over the next decade and beyond.
“ITM Power is at the forefront of manufacturing green hydrogen and its world-leading technologies are already playing an important role in cutting emissions as the UK moves away from fossil fuels, helping us meet our climate commitments, while creating thousands of high-quality jobs and unlocking billions-of-pounds of private investment.”
Graham Cooley, CEO of ITM Power, added, “We are delighted to have hosted Kwasi Kwarteng to launch the government’s hydrogen strategy and to officially open the Bessemer Park Gigafactory.
“The hydrogen strategy will help British companies become world leaders in decarbonisation technology and equipment.”
From small steps to giant leaps and always staying ahead of the game: The story of ITM Power
When it comes to electrolysers, there’s one company which is never far from the headlines: ITM Power. Thanks to its focus on three broad markets areas – mobility, Power-to-X and industry, the British manufacturer of polymer electrolyte membrane electrolysers has grown considerably in recent years and moved into the world’s largest electrolyser manufacturing facility in Sheffield, UK in January 2021.
Through standardisation, modularisation and the employment of world class practices, ITM Power has the manufacturing capacity to produce 1GW of electrolysis a year. The company says the Gigafactory provides a blueprint which can be easily replicated when there are large order volumes. And ITM Power confirmed to H2 View there are already fully funded plans in the pipeline to build a second gigawatt-scale facility which would be even bigger than the current one.
“We have already raised sufficient funds to build a second factory – it’s critical to our continued success that we are able to fulfil our order book as the market continues to grow at a very rapid rate,” Dr. Rachel Smith, Executive Director of ITM Power, told H2 View.
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