Funding for 100 MW Hydrogen Electrolyser Feasibility Study
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce funding from Innovate UK for a feasibility study to deploy a 100MW Power-to-Gas (P2G) energy storage project, “Project Centurion” at Runcorn, Cheshire, UK.
This world class project explores the electrolytic production, pipeline transmission, salt cavern storage and gas grid injection of green hydrogen at an industrial scale. The feasibility study will explore the system design and costs and will assess the business case for deployment.
The vision for Project Centurion is to demonstrate a 100MW P2G energy storage system which can produce low carbon hydrogen for heat, decarbonisation of industry, and transport fuel. Once successfully demonstrated, such systems can make a significant contribution to the decarbonisation of the electricity and gas networks, and by coupling these two networks together provide energy storage, allowing the UK energy system to accommodate increasing amounts of renewable energy, reducing curtailment and constraints. As well as contributing to decarbonisation, P2G systems can improve security of energy supply and improve the UK balance of payments by producing indigenous fuel offsetting the need to import fuel.
The transport of hydrogen by pipeline to salt caverns near Lostock, where it can be stored pure or blended with natural gas, will be explored, along with the feasibility of injection into the local gas network. Other potential demands for the hydrogen will be assessed, including industrial and transport use which will support existing studies in the area, particularly Cadent’s HyNet NW… objectives are: to produce a 100MW system design with costs significantly below current targets
These considerations apply to countries like Holland and Denmark as well, as they are both “equiped” with a large shallow part of the North Sea, ideal for the production of raw renewable electricity, that can be converted in hydrogen-fuel with 80-90% efficiency and at a cost of 0.5 cent/kWh.
[itm-power.com] – 100MW POWER-TO-GAS (P2G) ENERGY STORAGE FEASIBILITY STUDY
[proactiveinvestors.co.uk] – ITM Power lands feasibility funding for ambitious Cheshire energy storage project
[Google Maps] – Runcorn (near Liverpool)