The UK’s largest green hydrogen production plant is bringing new opportunities and growth to the country. Air Products (NYSE: APD) and Associated British Ports (ABP) announced on August 30th a new partnership to build the first large-scale, green hydrogen production facility in the UK.
The project would import green ammonia from production locations operated by Air Products and its partners around the world. The ammonia will be used to produce green hydrogen that will aim to support the country’s progress toward reducing its emissions.
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The green hydrogen plant is expected to eliminate up to 580,000 tonnes of greenhouse gas emissions each year, and reduce nitrous oxide and particulate emissions. It is also estimated to bring up to $4.6 billion in growth and financial benefits to the region, providing 1,400 direct jobs and approximately 1,600 indirect jobs for supply chains and local businesses.
The selected location for the facility is the Port of Immingham which will provide the required maritime infrastructure. In addition, the port offers good proximity to markets and the required utilities.
ABP plans to build new infrastructure and a new jetty to service the import and export of liquid bulk products. Apart from green ammonia, the jetty will also be designed to accommodate other cargoes connected to the green transition like liquified carbon dioxide (CO2) from carbon capture and storage projects that will be sequestered in the North Sea.
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“Globally Air Products supports the energy transition by developing real, first-mover projects. We are forging sustainable hydrogen supply chains with our partners and using our hydrogen knowledge and expertise to accelerate the energy transition,” said Ivo Bols, Air Products’ President, Europe and Africa.
He also added the company is in talks with government ministers and officials about its plans to invest in UK’s green hydrogen economy. Air Products is seeking policy assurance to enable its investment decisions.