https://www.ogv.energy/news-item/bacton-energy-hub-an-open-letter-from-alistair-macfarlane20 Nov 2021 18:07
https://www.ogv.energy/news-item/bacton-energy-hub-an-open-letter-from-alistair-macfarlane
We went public with the idea for the Bacton Energy Hub in June of this year, and have been absolutely delighted with the positive and enthusiastic response we have received from a wide range of people and organisations.
The initial study identified potential for the area to play a significant role in the UK’s energy future through a combination of blue and green hydrogen, offshore wind power, nuclear and carbon storage.
Taking that forward requires pace, and innovative and committed partners; and over the summer we reviewed expressions of interest from a significant number of organisations which were eager to get involved.
We are now pleased to announce that the following organisations will be leading the Bacton Energy Hub Special Interest Groups (SIGs):
Hydrogen Demand SIG – Progressive Energy Limited (Welcome to Progressive Energy Ltd (progressive-energy.com))
Hydrogen Supply SIG – Sumitomo Corporation (Sumitomo Corporation in Europe) and Summit Exploration and Production Limited Home - Summit Exploration and Production Limited (summiteandp.com)
Infrastructure SIG – Xodus (Xodus | We are Xodus. This is what we do. (xodusgroup.com))
Supply Chain and Technology SIG – Petrofac (News | Petrofac)
Regulatory SIG – Hydrogen East (Hydrogen East)
The first meetings have taken place and the enthusiasm was clear to see. This kick starts the project and over the coming months the SIGs will agree their Terms of Reference and set out what they must achieve to make the Bacton Energy Hub vision a reality.
The OGA vision remains the same: first hydrogen generation by 2030 – to achieve this, pace is vital, and the following milestones will need to be met:
2023 – CCS licence applications made to provide CO2 storage for the Energy Hub
2025 – Take a final investment decision on the Bacton Energy Hub concept.
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