BP Considers Project to Develop U.K.’s Largest Blue-Hydrogen Plant
- Oil major conducts feasibility study, with view to FID in 2024
- Facility would support industrial cluster in northeast England
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BP Plc is studying a project to build the U.K.’s largest blue-hydrogen plant, expanding further in low-carbon energy as it slims down its traditional oil business.
The H2Teesside facility in northeast England could produce 1 gigawatt of hydrogen -- a fifth of the U.K. government’s target -- by 2030, and would capture and store 2 million tons of carbon dioxide a year.