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Centrica and Ryze Hydrogen to jointly build and operate H2 production facilities

Centrica and Ryze Hydrogen are set to jointly build and operate H2 production facilities aimed at providing a reliable supply of H2 for industry and transportation. Under the landmark agreement the firms will jointly develop H2 production projects on existing Centrica sites and work with third-parties to build production on their sites too.

A MoU has been signed and will combine expertise to kickstart the development of the UK H2 economy, targeting the mobility, industrial and commercial markets. In addition, the partnership will explore how the UK can work with international H2 production facilities to move low-cost renewable power converted to H2 and H2 derivates to areas of high demand.

“Low carbon H2 will play a major role in decarbonizing our energy systems. It enables the increased use of renewable and low carbon electricity by offering the potential for storage in quantities that provide long term resilience and another choice for decarbonizing hard to electrify sectors,” said William Mezzullo, Centrica’s Head of H2.

“We should be bold in our thinking, the UK should aim to be a net exporter of H2, providing high quality green jobs, additional revenues for the UK treasury and a lower cost of transitioning to Net Zero for homeowners and businesses.”

“It is clear from our conversations with Centrica that they are committed to making H2 a valuable component of its net-zero strategy,” said Jo Bamford, green entrepreneur and Executive Chairman of Ryze.

“Ryze is at the forefront of green H2 production and supply, and we are incredibly excited to share our vision for growth with an energy giant such as Centrica. The projects we have already discussed will be game-changing for the green H2 economy and will underline why H2 is such an important resource for the UK and the rest of the world in the fight against climate change.”

Among the initial projects under consideration, Centrica and Ryze will examine solutions for converting some of the British Gas fleet to H2, including refueling infrastructure, locations and van technology.