Tuesday 23 March 2021

BP Plans Blue Hydrogen Scheme

 BP has announced plans for a 1GW capacity blue hydrogen scheme on Teesside. This would be a steam-methane reforming facility with carbon capture and storage aimed at capturing up to 98% of the CO2 produced. A couple of things immediately strike me. The first, given that I'm a cynical soul, is that I wonder what the "down to" figure for CO2 capture is. And secondly there is no mention of how the steam is being raised. Renewable electricity one might hope but could well be further CH3 requiring greater CCS. Hmmm! The final investment decision is not expected until 2024 and a lot could change by that time.

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