Centrica and Ryze Hydrogen are set to jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and transportation. Under the landmark agreement the firms will jointly develop hydrogen production projects on existing Centrica sites and work with third-parties to build production on their sites too. A Memorandum of Understanding has been signed and will combine expertise in order to kickstart the development of the UK hydrogen economy, targeting the mobility, industrial and commercial markets. In addition, the partnership will explore how the UK can work with international hydrogen production facilities to move low-cost renewable power converted to hydrogen and hydrogen derivates to areas of high demand. Among the initial projects under consideration, Centrica and Ryze will examine solutions for converting some of the British Gas fleet to hydrogen, including refuelling infrastructure, locations and van technology. In addition, as one of the UK’s leading providers of combined heat and power systems, Centrica Business Solutions will work with Ryze to offer hydrogen as an alternative fuel for customers wishing to decarbonise on-site generation.
Centrica and Ryze Hydrogen are set to jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and transportation. Under the landmark agreement the firms will jointly develop hydrogen production projects on existing Centrica sites and work with third-parties to build production on their sites too. A Memorandum of Understanding has been signed and will combine expertise in order to kickstart the development of the UK hydrogen economy, targeting the mobility, industrial and commercial markets. In addition, the partnership will explore how the UK can work with international hydrogen production facilities to move low-cost renewable power converted to hydrogen and hydrogen derivates to areas of high demand. Among the initial projects under consideration, Centrica and Ryze will examine solutions for converting some of the British Gas fleet to hydrogen, including refuelling infrastructure, locations and van technology. In addition, as one of the UK’s leading providers of combined heat and power systems, Centrica Business Solutions will work with Ryze to offer hydrogen as an alternative fuel for customers wishing to decarbonise on-site generation.
