Essar Energy Transition (EET) news

24 April 2025
£2bn HyNet Project to Boost UK Jobs and Net Zero Efforts
The UK approved carbon storage permits, enabling CO2 storage in Liverpool Bay, creating 2,000 jobs and repurposing infrastructure to aid the net zero goal by 2050.
15 January 2025
EET Hydrogen and ENKA to Build UK's First Large-Scale Low Carbon Hydrogen Plant
The UK funds a 350MW hydrogen plant capturing 600,000 tonnes of CO2 annually, advancing decarbonization and economic growth in the North West.
15 July 2024
Europe's First Hydrogen-Ready Power Plant to Support UK Decarbonisation at Stanlow Refinery
The plant will generate 125 MW of power, cut 740,000 tonnes of CO2 annually, and support regional decarbonisation. Completion is set for 2027, with significant investment in the North West of England.
21 December 2023
Eni Enhances UK CCS Leadership with HyNet Expansion and New Government Initiatives
The UK launches "CCUS Vision" to boost carbon capture, aiming for 20-30 million tonnes stored annually by 2030, creating 50,000 jobs. HyNet and Bacton hubs to store 500 million tonnes of CO2.
30 March 2023
UK Government Selects Essar Vertex Hydrogen Project for Hydrogen Economy Development
The UK Government's £20bn funding supports hydrogen projects, boosting investment and job creation. Vertex Hydrogen will produce 350MW by 2026, capturing 600,000 tonnes of CO2 using HyNet's infrastructure.
27 February 2023
Essar commits $3.6 billion to energy transition in the UK and India
$2.4B will fund hydrogen, ammonia, biofuels, and refinery decarbonization in the UK, reducing emissions by 20%. $1.2B in India will develop green hydrogen and ammonia for global markets.

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