- Over £500m invested in active projects at Grangemouth site.
- New Energy Plant to be commissioned in late 2023.
- Hydrogen plant to reduce CO2 emissions by over 1 million tonnes annually.
- Hydrogen distribution network to support local hydrogen hub.
Investment and Timeline
INEOS is investing over £500 million in projects at the Grangemouth site, including a New Energy Plant set to be commissioned in late 2023. This plant will use highly efficient technology to supply energy to site operations, reducing emissions by at least 150,000 tonnes of CO2 annually. The plant will later be converted to run on hydrogen, further cutting CO2 emissions.
Hydrogen Production and Emissions Reduction
The new low-carbon hydrogen plant is a key part of Grangemouth's Road Map to Net Zero, aiming to cut site emissions by more than 60% by 2030. The hydrogen plant will replace hydrocarbon fuels like natural gas with clean hydrogen, significantly reducing carbon emissions. The CO2 captured from this process will be routed to the Scottish Cluster’s Acorn CO2 transport and storage project, reducing emissions by over one million tonnes annually.
Infrastructure and Local Impact
The project includes the development of a hydrogen distribution network throughout the Grangemouth site, which will fuel the existing Combined Heat and Power Plant, the KG Ethylene Plant, and assets in the Petroineos Refinery. The design scope also includes modifications to the existing fuel gas network and the capability to link hydrogen production to third parties in the local area, supporting the development of a local hydrogen hub.
Carbon Capture and Storage
Access to the Scottish Cluster carbon capture and storage (CCS) infrastructure is crucial for the hydrogen project. Over one million tonnes of CO2 per year from the hydrogen plant will be sent offshore through existing gas pipelines to be permanently stored in rock formations beneath the North Sea. This initiative is a significant part of both Scotland and the UK’s drive to achieve Net Zero.