Vertex Hydrogen has signed agreements to supply over 1,000MW of low carbon hydrogen to leading industrial names in the region. This is a similar amount of energy that powers a major city like Liverpool, secures the entire initial hydrogen production capacity of Vertex and enables the vital hydrogen infrastructure investments in the region. This milestone reflects Vertex’s status as the largest and most advanced low carbon hydrogen hub in the UK.
The Project will capture some 1.8 million tonnes of CO2 per annum to be stored by the HyNet project to reduce more than 10% of the region’s industrial emissions – the equivalent to taking 750,000 cars off the roads.
The Project will see over £2 billion of direct investments in the hydrogen plant and associated regional hydrogen transport and storage infrastructure – securing and growing vital jobs in the region.
Joe Seifert, CEO of Vertex Hydrogen, said: “We have always said that Vertex is demand-led from leading industrial companies and we have now signed agreements for over 1000MW of hydrogen – our entire expected production capacity from the initial phases of our project. This milestone gives us huge confidence in the economics of the project and the long-term demand for low carbon hydrogen in the coming decades.”