Business
Contract for operation of hydrogen facility
Contract for operation of hydrogen facility.
About this update from Itm Power Plc
[{"type":"text","content":"\n \nRNS Number : 4052K ITM Power PLC 30 July 2013 \n \n\n30 July 2013\n \nITM Power plc\n(\"ITM Power\" or \"the Company\")\n \nContract for operation of hydrogen facility\n \nITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has been selected by the Homes and Communities Agency (HCA) as the preferred bidder in a recent competitive tender process to become the operator of a Hydrogen Mini Grid System (HMGS) in Rotherham, UK.\n \nThe Hydrogen Mini Grid System (HMGS) is a unique UK asset consisting of a 225kW wind turbine coupled directly to an electrolyser, 200kg of hydrogen storage and a hydrogen dispensing unit as well as a 30kW fuel cell system for back up power generation for nearby buildings. \n \nThe facility will be upgraded as a showcase for ITM Power's world-class equipment and used to provide retail hydrogen fuel services within the Sheffield City Region. The HMGS will also serve to develop ITM Power's modular commercial platform for hydrogen generation systems, power to gas and refuelling solutions. Particular focus will be on the national hydrogen mobility initiatives being undertaken in countries around the world.\n \nThe facility is located on the Advanced Manufacturing Park (AMP) in Rotherham just two miles from the M1 motorway network and within reach of large conurbations. This gives the facility a very large catchment area and provides the perfect position for a commercial refuelling station. \n \nThe M1 was highlighted as a key route for the early deployment of hydrogen refuelling in the UK in the recently published UK H2Mobility Phase 1 Report [http://www.itm-power.com/wp-content/uploads/2013/02/UK-H2Mobility-Synopsis-of-Phase-1-Results-Feb-2013.pdf] The HMGS already has planning permission for hydrogen systems and much of the required infrastructure and groundwork is already in place, which allows for very low set up costs to install and use ITM Power's non-invasive hydrogen generation technology.\n \nSubject to final contract ITM Power will sign a five year lease on the site and will work in collaboration with local authorities, businesses, Sheffield University, DeMontfort University and UPS Systems to provide retail fuel services for a range of low carbon vehicles and provide educational material for the hydrogen sec...