Published by Todd Bush on March 7, 2025
BP's announcement that it had dropped plans for a green hydrogen plant has been described as "bitterly disappointing."
The multinational had previously sought planning permission to build a power plant in Redcar, which would have produced hydrogen by breaking down water using electricity.
But as part of a shift in strategy away from renewables, the firm has now scrapped the scheme.
Leader of Redcar and Cleveland Borough Council, Alec Brown, said that despite the "blow," BP remained committed to "innovative projects" in the region.
>> In Other News: Amazon’s Climate Pledge Fund Backs Twelve’s $83M Expansion to Scale CO₂ Transformation
BP had previously said the construction of HyGreen would create up to 500 jobs, with the likelihood that the "majority" would be taken by people living in the Middlesbrough and Stockton area.
The electricity used at the plant would have mainly been derived from low-carbon sources, and the hydrogen would have been used by industry.
The firm said it would now be focusing on other projects in the area, including Net Zero Teesside and a blue hydrogen plant.
Brown said: "This is bitterly disappointing news - but we remain optimistic about the future."
He said his administration would support all those, including BP, working on green energy projects in the region.
Brown also said these schemes would "help secure jobs" and have "huge potential."
Prof. Sara Walker, who is leading a UK Research and Innovation (UKRI) project into the integration of hydrogen into the wider energy landscape, said the news was a "blow to the decarbonisation of Teesside and to the overall development of green hydrogen in the UK."
However, she said that the government had backed another green hydrogen project in Teesside, developed by EDF.
Tees Valley Mayor Ben Houchen said the combined authority had seen "incredible progress" in its plan to develop Teesside as a "global centre for green energy," and there remained "huge interest" from investors.
But he did not provide a comment on BP scrapping a scheme he had previously described as a "coup for the region" that would create "well-paid, good-quality jobs."
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia 🥤 Skytree Validates DAC System to Generate Pure, Beverage-Grade Liquid CO₂ On-Site 💻 Su...
Inside This Issue 💰 Louisiana's $3.5B Carbon Capture Surge Sets National Decarbonization Blueprint 🌍 UN Climate Summit To Feature First-Ever Carbon Removal Pavilion At COP30 🚛 AtmosClear Selects E...
Inside This Issue 💧 Five US Green Hydrogen Projects Begin 2025 Shift to Cleaner Energy 🪨 Conestoga Energy Submits Class VI Carbon Capture & Sequestration Permit Application to EPA Region 7 ⚡ P...
Prometheus Hyperscale Works With Carbon Capture Firms On New Data Center Campus In Wyoming
Says the gas-powered facility will be carbon negative Prometheus Hyperscale has revealed plans for a second AI data center campus in Wyoming, which it says could eventually deliver 1.5GW of IT cap...
Japanese shipowner Mitsui OSK Lines (MOL) has opted into a nascent ammonia bunkering project in Australia. The company will work with new partners to address safety concerns and availability issue...
Honda Research Institute USA Expands Advanced R&D Presence In Ohio
October 7, 2025 — COLUMBUS, Ohio_$2.6 million investment will establish additional HRI-US Advanced Materials Science Lab on The Ohio State University SciTech Campus_ Honda Research Institute USA, ...
Lyon-Saint Exupéry Airport (LYS) has reached net zero emissions a year early, marking a major sustainability milestone for VINCI Airports’ global decarbonisation programme. VINCI Airports has anno...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.