Meld Energy plans 100-MW hydrogen project at UK chemicals park

June 7 (Renewables Now) - UK-based green hydrogen industrial developer Meld Energy today said it has selected to locate its first project at px Group’s Saltend Chemicals Park in Hull.

The green hydrogen production facility will have an initial installed capacity of 100 MW with the potential to increase that to over 200 MW. It will represent an investment of between GBP 180 million (USD 223m/EUR 209m) and GBP 240 million.

Meld Energy, which is backed by World Fuel Services Corp (NYSE:INT), said it is now bidding for development support from the UK’s Net Zero Hydrogen Fund. If government support is secured, front end engineering design (FEED) is expected to begin in November 2023. Construction could start less than a year after that, with operations targeted for 2026.

The hydrogen generated will help to replace more carbon-intensive fuels and chemical feedstocks on-site at Saltend.

“Meld Energy’s decision to invest at Saltend Chemicals Park proves once again that Saltend is the go-to location for industrial decarbonisation and the UK energy transition,” said px Group chief executive Geoff Holmes.

(GBP 1 = USD 1.241/EUR 1.161)