Bakken Energy & Mitsubishi Power Form Hydrogen Partnership
Bakken Energy LLC and Mitsubishi Power Americas Inc have signed a strategic partnership agreement to create a world-class clean hydrogen hub in North Dakota. This hub will be composed of facilities that produce, store, transport and consume clean hydrogen. It will be connected by pipeline to other clean hydrogen hubs being developed throughout North America.
Developing infrastructure for hydrogen enables decarbonization of sectors such as energy, agriculture, transportation, and manufacturing that are targeting net zero carbon emissions. Hydrogen is a carbon-free energy carrier and a carbon-free fuel. The most common forms of clean hydrogen are green and blue. Green hydrogen is created from water using renewable energy and electrolysis. Blue hydrogen is derived from natural gas with the carbon dioxide emissions captured and sequestered. The hub in North Dakota will focus on blue hydrogen production.
The Bakken Energy partnership to create a clean hydrogen hub joins Mitsubishi Power’s portfolio of innovative partnerships and cross-sector teams accelerating hydrogen technology realization. Mitsubishi Power has been developing a hydrogen hub with Magnum Development in Utah to support the western U.S., and in May signed an agreement to develop hydrogen storage solutions with Texas Brine across the eastern U.S. The company also has numerous hydrogen projects and collaborations across North America.*
Bakken Energy, supported by Mitsubishi Power, is currently working with Basin Electric Power Cooperative and its subsidiary Dakota Gasification Company on the potential acquisition and redevelopment of the Great Plains Synfuels Plant located near Beulah, North Dakota. The redevelopment would make the facility the largest producer of clean hydrogen in North America. The project is in due diligence, and specific details are confidential until that phase is complete.