H2 Green and Element Two have entered into a strategic agreement with the goal of accelerating the creation of the UK’s first hydrogen network.
On 5 May, Getech – H2 Green’s parent company – announced that the agreement will see H2 Green supply green hydrogen to Element Two’s refuelling stations, while further delivering a pathway by which the two companies can align production and distribution strategies across their respective land portfolios. The hope is to build an efficient, reliable hydrogen network, spanning England, Scotland and Wales, leading to widespread adoption of hydrogen mobility technologies.
The companies have agreed mutual options to co-locate their respective hydrogen refuelling stations and hydrogen production and storage assets, committing to a 12-month negotiation framework. This framework will seek to result in an agreed joint asset development roadmap, which is then taken forwards; an initial demonstration project; and the successful negotiation of a binding long-term co-development and offtake contract.
Element Two is aiming to deploy 800 hydrogen refuelling pumps nationwide by 2027, rising to 2,000 by 2030, goals strengthened through H2 Green supplying it with green hydrogen. The companies will also use state of the art analytical software, created by Getech, along with substantial data gathered by Element Two on customer habits to analyse efficiencies for the benefits of both of their customer bases.
Jonathan Copus, CEO of Getch, explained: “This data-led approach will enable both groups to high-grade and expand their land asset portfolios and we are already discussing the location of a demonstration project that will be a testbed for a programme of national collaboration. These steps are important as we believe they have the potential to accelerate the creation of the first UK-wide hydrogen network, which supports the UK government in the implementation of its energy transition objectives of decarbonisation and green job creation.”