ITM Power and Protium Green Solutions have announced a strategic partnership to develop, co-invest in and operate industrial-scale green hydrogen production plants across the UK.
Under the agreement, the companies will collectively explore a range of development models for future UK projects, particularly focusing on Protium’s extensive portfolio of Hydrogen Allocation Round projects. There is also scope for the use of Hydropulse – ITM’s build-own-operate subsidiary – and for Protium to directly acquire ITM’s electrolysis assets.
The first act under the partnership will be the advancement of the Cromarty Project in Scotland, which was recently acquired by Protium. At peak output, the 15mw electrolyser capacity will provide around seven tonnes of green hydrogen per day – averaging at approximately 2,000 tonnes per year – providing a localised, reliable energy source. The aim is to decarbonise regional sectors, including a range of nearby industrial heat and power companies.
Dennis Schulz, CEO of ITM Power, commented: “By working alongside Protium in a framework ranging from equipment supply to investment, we are bringing together our complementary expertise. Together, we can deliver highly competitive hydrogen with strong long-term economics and help accelerate the UK hydrogen market.”
Christopher Jackson, CEO and Founder of Protium, also stated: “This partnership between Protium and ITM Power brings two of the UK’s best-in-class hydrogen businesses together to deliver a truly unbeatable proposition for customers. Reliability, affordability and scalability with no compromises and no carbon emissions. This is how we move the UK hydrogen economy from concept to reality.”
Protium Green Solutions and ITM Power Partner to Deliver Green Hydrogen Projects
