ZEG Power (ZEG) and Transitus Energy (Transitus) are to explore joint opportunities in the production of clean hydrogen in the UK, Republic of Ireland, Netherlands and Norway after both companies signed a Letter of Intent.
Arild Selvig, CEO of ZEG, said, “Current energy markets highlight the importance of reliable access to energy, while the climate crisis simultaneously requires this to originate from low carbon solutions. A partnership between ZEG and Transitus would seek to deliver on both these important market drivers in the UK and beyond.”
Bjørn Inge Tønnessen, Executive Chair of Transitus, believes blue hydrogen will accelerate the transition towards decarbonisation of the energy sector. He said, “It enables clean utilisation of natural gas resources and therefore it is a fast-track to decarbonisation while ensuring reliable and affordable access to energy during these demanding times”, says
The ZEG ICC Technology, which enables the production and use of clean hydrogen from natural gas, is ready for the global market following the delivery of the first commercial ZEG production plant at CCB Energy Park on the west coast of Norway in 2022.
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