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So basically BP have just cut their annual budget which still leaves a huge annual investment in Hydrogen …..

BP, the London-based oil giant, has unveiled a strategy "reset" that involves a dramatic reduction in its annual spending on energy transition efforts, cutting capital expenditure in its "transition businesses" by more than 70%. This reduction lowers the budget to $1.5 billion to $2 billion from a previous $5 billion. Despite these cuts, BP plans to maintain a "focused investment" in hydrogen and carbon capture technologies, signaling a continued commitment to these areas amidst a broader pivot back towards fossil fuels.

Https://www.linkedin.com/posts/barrycunliffe_bp-revises-strategy-maintains-hydrogen-investment-activity-7300779964331614208-Zj5V?utm_medium=ios_app&rcm=ACoAABuSOFsBTNq-ZYwGm5uL5e9d4LSLrMLQ4tc&utm_source=social_share_send&utm_campaign=copy_link

BP has announced a significant reduction in its energy transition budget but will continue to selectively invest in hydrogen as part of a broader refocus on fossil fuels.

Despite scaling back on renewables, BP is pushing forward with key hydrogen projects, indicating a strategic focus on specific low-carbon initiatives.

That’s Life as Frank would say but you know the tide always changes and our time will come!

I also found out NEPTUNE V can be used for projects up to 70MW, and the ‘plant’ can be operational much quicker, which is great for the customer.

Neptune V is a game changer!

I emailed and asked, prices could not be given as they are priced accordingly which is obvious when you think about it, 4 x Neptune V’s would cost more than 1 ……

Great news all the same and shows the professionalism of ITM and the team 🥳

I know I mentioned maintenance packages in a previous post and got shot down by a few on here, well maintenance packages are offered as Basic, Standard and Premium, they are Charged accordingly and not included in the sale price!

As I also said before, there are No discounts.

2160 kg of pure hydrogen per day - Extremely Impressive

https://itm-power-assets.s3.eu-west-2.amazonaws.com/Neptune_V_Spec_Sheet_2_7_8002544a71.pdf

From Europe’s largest private hydrogen network to an open-access H₂ backbone, Flanders is leading the clean energy revolution. 🚀🔋

💡 Why Flanders?

✅ First in Europe with a hydrogen law, driving innovation & market confidence

✅ Largest private hydrogen network, connecting top-tier projects

✅ EU-integrated hydrogen backbone, ensuring seamless energy flows

✅ A powerhouse of hydrogen innovation, home to pioneers like BeHydro & Colruyt Group

✅ Port of Antwerp-Bruges: Europe’s green molecule hub

✅ A fully integrated hydrogen ecosystem, from production to application |

Https://www.linkedin.com/posts/jcb-power-systems_his-majesty-the-king-visits-jcb-in-80th-year-activity-7300098682631139328-MDg3?utm_medium=ios_app&rcm=ACoAABuSOFsBTNq-ZYwGm5uL5e9d4LSLrMLQ4tc&utm_source=social_share_video

Extremely positive post by Dennis !

ITM Power PLC

 

100MW REFHYNE II contract signed

 

We are pleased to announce that we have signed a contract for the REFHYNE II project, following Shell's recent positive Final Investment Decision (FID). ITM will supply 100MW of TRIDENT stacks and skids to the Shell Rheinland Energy and Chemicals Park in Germany. Linde Engineering has been chosen as the EPC integrator and will collaborate closely with ITM.

 

REFHYNE II will use renewable electricity to produce up to 44,000 kilograms of renewable hydrogen daily, partially decarbonising fuel production at Shell's Wesseling refinery. The electrolyser is scheduled to begin operating in 2027.

 

The REFHYNE II project builds on the lessons learned from the 10MW REFHYNE I plant, which was put into operation in 2021, and on ITM's and Linde's experience in engineering, constructing, and operating other green hydrogen projects across Europe.

 

REFHYNE II has been enabled by supportive government policies and frameworks, including the European Union (EU) binding targets for the use of renewable hydrogen in industry and transport, and the German Federal Government's regulatory framework. In addition, the project has received funding from the EU's Horizon 2020 research and innovation programme.

 

Dennis Schulz, CEO of ITM, said: "Shell is a leading global energy company, and we are proud they have selected us for this prestigious project. The performance of our latest generation electrolyser stacks in the REFHYNE I plant played an important role in Shell's proceeding to FID, as did their extensive due diligence on our technology and our capability to deliver this large-scale commercial project."

BP might be pulling out or slowing down but Shell are powering ahead , go figure!

Shell Hydrogen Refuelling Station in Oman

https://www.linkedin.com/posts/walid-hadi-cfa-1618489_shellselect-shellcafe-greenhydrogen-ugcPost-7299767184140988418-yGb8?utm_medium=ios_app&rcm=ACoAABuSOFsBTNq-ZYwGm5uL5e9d4LSLrMLQ4tc&utm_source=social_share_send&utm_campaign=copy_link

“Failure is not an option” 🇪🇺🚛⚡️

That’s the stark warning from Dr. Andreas Gorbach, Daimler Truck AG Board Member and Head of Truck Technology.

Today, Gorbach delivers a blistering assessment of Europe’s climate and transport policies - citing “draconian” penalties, insufficient infrastructure, and a looming crisis if we don’t ramp up zero-emission trucking now.

He argues that while battery-electric solutions are essential, hydrogen will be key for heavy loads and long distances - especially given that electrifying all existing six million European trucks would consume nearly three-quarters of Germany’s annual electricity.

Dr. Gorbach notes:

⚙️ “For commercial vehicles, hydrogen-based drives are the ideal technology to complement battery-electric drives”.

☀️ “There is enough sun and wind in the world to produce enough hydrogen to cover the entire demand”.

⚡️ When produced in sunny or windy regions, “the higher efficiency at the production stage compensates for any conversion losses, resulting in a ‘sun-to-wheel’ efficiency that matches that of battery drives”.

🚛 “Depending on the transportation task, battery or hydrogen (with fuel cell or internal combustion engine) can be the more economical solution”.

⛽️ “Building out charging and refuelling networks for both technologies is faster and more cost-effective than the massive expansion of infrastructure for just one technology”.

🟦 **Proton Exchange Membrane (PEM) Electrolyzers:**

PEM systems are excellent for their compact designs and high power densities, making them well-suited for integration with renewable energy sources. Their rapid cold-start capabilities allow for quick adjustments to changing energy inputs.

ITM’s state of the art PEM’s like Neptune V provides 5MW of Reliable & Highly Efficient Hydrogen Production Capacity all contained in the smallest footprint per MW in the industry and with the widest operational range -20 C to +45 C , while slightly more expensive this latest PEM is unparalleled by any other electrolyser system!

Which type of electrolyzer is best suited for pairing with renewable energy sources?

Alkaline Electrolyzers

27%

Solid Oxide

Electrolyzers SOEC

9%

Anion Exchange Membrane (AEM)

11%

Proton Exchange

Membrane PEM

54%

BMW confirms mass production of hydrogen car and accelerates the hydrogen future! 💧🌍

At this week’s Hydrogen Media Day, BMW Group reaffirmed its commitment to hydrogen mobility and decarbonization. A major milestone: Dr. Michael Rath confirmed that BMW will launch its first mass-produced hydrogen vehicle in 2028! After successfully testing a pilot fleet of less than than 100 iX5 Hydrogen vehicles worldwide, the company is now preparing for full-scale production, making hydrogen a key pillar of its future mobility strategy.

But BMW’s hydrogen ambitions go beyond passenger cars:

✅ Hydrogen-Powered Logistics: As part of the H2Haul project, BMW has acquired two zero-emission fuel cell trucks to test hydrogen’s potential in freight transport. These trucks will operate in Germany between Leipzig, Landsberg, and Nuremberg.

The HyCET project tests trucks with H2 combustion engines. As part of the HyCET project, two 40-ton trucks and one 18-ton truck will be used in BMW Group Logistics in the future. Affiliated partners in this project are DHL, Volvo Trucks, DEUTZ AG, KEYOU and TotalEnergies.

✅ Hydrogen in Intralogistics: The Leipzig plant has long been a leader in hydrogen-powered intra logistics. Over 200 hydrogen forklifts and tugger trains operate across the plant, supported by five hydrogen refueling stations, including the first fully automated one.

✅ Hydrogen in Manufacturing: BMW is not only using hydrogen for mobility but also for decarbonizing production. The Leipzig plant is the first auto plant in the world to use a newly developed bivalent hydrogen-capable burner technology in its paintshop. Currently, five hydrogen-capable burners are in operation, with more being converted to phase out natural gas entirely. This technology represents a significant step toward climate-neutral automotive production.

With its multi-faceted hydrogen strategy—spanning passenger vehicles, logistics, and industrial applications—BMW is proving that hydrogen is a game-changer for a greener future.

💡 The road to zero-emission mobility is being paved today—one hydrogen breakthrough at a time.

His Majesty The King was today given a glimpse into the future of JCB hydrogen power as he toured the company’s World Headquarters as part of its 80th birthday celebrations.

https://www.linkedin.com/posts/jcb_his-majesty-the-king-visits-jcb-in-80th-year-ugcPost-7299863206716469251-dfd8?utm_source=share&utm_medium=member_ios&rcm=ACoAABuSOFsBTNq-ZYwGm5uL5e9d4LSLrMLQ4tc

The Yamanashi Prefectural Government in Japan and Washington, D.C.-headquartered SGH2 Energy have formalized an agreement to promote green hydrogen-related initiatives in the Fuji Five Lakes region. The area near Mount Fuji is a world-renowned tourist destination celebrated for its natural beauty.

The companies on Feb. 13 said the collaboration “marks a pivotal step in the ambitious plan to transform the area into a sustainable ‘green metropolis,’ setting a benchmark for future urban development globally.”

Finland - The European Commission has approved a €2.3 billion Government energy transition strategy to support renewable energy production, industrial decarbonisation and the manufacturing of key equipment and components. The funding will take the form of a tax credit.

The three measures planned are:

- "investments in the production of energy from renewable sources, electricity or thermal storage and storage of renewable hydrogen, biofuels, bioliquids, biogas, biomethane or biomass fuels."

- "the decarbonisation of industrial production processes by helping companies to reduce greenhouse gas emissions from their production processes by at least 40% and/or reduce their energy consumption by at least 20%."

- "investments for the production of strategic equipment namely batteries, solar panels, wind turbines, heat-pumps, electrolysers and carbon capture usage and storage."