HyNet Infrastructure Approved

Key highlights
  • ENI and the UK Government have achieved financial close on the HyNet CO2 transport and storage project.
  • EET Hydrogen's HPP1 project will capture 600,000 tonnes of CO2 annually.
  • HPP1 is set to be the UK's first large low carbon hydrogen plant with a 350MW capacity.
  • Stanlow Manufacturing Complex aims to capture around 2 million tonnes of CO2 through its decarbonisation programme.

Project Approval

The HyNet CO2 transport and storage project, a key component of the Liverpool Bay CCS, has reached financial close, marking a significant milestone for ENI and the UK Government. This development initiates the construction phase of the infrastructure, crucial for reducing CO2 emissions in North West England and North Wales.

HPP1 Hydrogen Plant

EET Hydrogen's HPP1 project is one of the initial contributors to the HyNet infrastructure, expected to be the UK's first large-scale low carbon hydrogen plant. With a capacity of 350MW, HPP1 aims to capture approximately 600,000 tonnes of CO2 annually, equivalent to removing 125,000 cars from the road.

Stanlow Manufacturing Complex

Located at the heart of HyNet, the Stanlow Manufacturing Complex, anchored by EET Fuels' refinery, plays a pivotal role in the project. The complex is set to transform into a leading energy transition hub, with plans to capture around 2 million tonnes of CO2 through its decarbonisation programme. This includes electrification, carbon capture, further hydrogen production, and the development of sustainable aviation fuels.

Regional Impact

The HyNet project is expected to drive investment and job growth across North West England and North Wales. Stanlow's strategic position will enable other low carbon high-tech businesses to benefit from local hydrogen production and CO2 infrastructure, supporting the region's transition to a low carbon economy.

Source: EET Fuels

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