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ExxonMobil, SGN and Green Investment Group explore the potential of a hydrogen hub

Southampton has one of the largest industrial sectors in the UK and is both an essential part of the country’s energy supply chain and an important gateway for trade in global markets. A first feasibility study carried out by SGN and GIG shows that the annual hydrogen demand of the cluster, which houses ExxonMobil’s Fawley complex, could reach 37 TWh by 2050, including the heating demand of 800,000 homes in the south of England. An increase in the use of hydrogen with carbon capture would reduce emissions from the territory’s industrial sector and stimulate the local economy by converting the natural gas network, while helping to reduce emissions from domestic heating. and transport.

The feasibility study estimated that the carbon capture facilities could initially capture around 2 million tonnes of CO2 per year, including from the initial hydrogen production of around 4.3 TWh of hydrogen per year. . It could also attract significant investment in the community, support existing jobs and stimulate local job creation. If technical and commercial feasibility is confirmed, and with adequate government support, hydrogen production could begin as early as 2030.

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