Carlton Power, one of the UK’s leading independent energy infrastructure development companies, has been successful in Round One of UK Government’s Hydrogen Business Model (HBM)/Net Zero Hydrogen Fund process. The company’s three projects entered into the HBM Round – at Trafford in Greater Manchester, Barrow-in-Furness (Cumbria) and Langage, near Plymouth (Devon) – have been shortlisted to receive financial support from the UK Government.
Subject to final agreements with the Government and final investment decisions for each project, Carlton Power is aiming to start construction of each project before the end of the year and for each of the projects to enter commercial operation in 2025.
The three schemes represent c£200m of direct investment, will replace c215GWh of natural gas and thereby reduce carbon emissions by c40,000 tonnes per annum from 2025.
Eric Adams, Carlton Power’s Hydrogen Projects Director said “We are delighted by today’s news. Our three projects will support the efforts of industry and transport operators in these areas to decarbonize. They will be a catalyst for new investment and employment to support the growth of the hydrogen economy across the UK. We are hugely grateful for all the support we have received to date – from our project partners – such as Kimberly-Clark, from local councils, local economic partnerships and businesses and parliamentarians from all parties.”
Carlton Power is developing additional green hydrogen schemes in other parts of the UK, some of which will enter into Round 2 of the Government’s Hydrogen Business Model process later this year.
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