- INEOS has committed over £500m to projects at Grangemouth, including a New Energy Plant.
- The New Energy Plant will be commissioned in late 2023, reducing CO2 emissions by 150,000 tonnes annually.
- The hydrogen plant will connect to the Scottish Cluster’s Acorn CO2 transport and storage project.
- Over 1 million tonnes of CO2 per year will be stored offshore in the North Sea.
Investment and Timeline
INEOS has committed over £500 million to projects at the Grangemouth site, including a New Energy Plant set to be commissioned in late 2023. This plant will employ highly efficient technology to supply energy to all site operations, reducing CO2 emissions by at least 150,000 tonnes annually.
Hydrogen Production and Infrastructure
The new low-carbon hydrogen plant will replace hydrocarbon fuels like natural gas with clean hydrogen to power processes and manufacture vital materials. This project includes the design of a state-of-the-art carbon capture enabled hydrogen production plant and extensive related infrastructure. The hydrogen produced will fuel existing assets at Grangemouth, such as the Combined Heat and Power Plant, the KG Ethylene Plant, and the Petroineos Refinery.
Carbon Capture and Storage
The carbon dioxide captured from the hydrogen production process will be routed to the Scottish Cluster’s Acorn CO2 transport and storage project. This initiative will result in reductions of more than one million tonnes of CO2 emissions each year. The CO2 will be permanently stored in rock formations deep below the North Sea through existing gas pipelines.
Local Hydrogen Hub
The project scope includes the development of a new hydrogen distribution network throughout the Grangemouth site and modifications to the existing fuel gas network. This infrastructure will also support the creation of a local hydrogen hub, linking hydrogen production to third parties in the area.
