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 🍁 Alberta Cuts Carbon Costs to Fast-Track Pathways CCS 🏛️ EU Unveils Sweeping ETS Overhaul With €100 Billion Industrial Decarbonisation Bank 🌱 Consultation: Major Revision to Bio...
Inside This Issue 🔋 IDF, Oaktree to Invest $1.7 Billion in Bloom Energy Fuel Cells for AI Infrastructure 🌬️ Airhive Acquires Carbyon, Creating a European Leader in Low-Cost Direct Air Capture Tech...
Inside This Issue ⚡ ECL and PowerCell Announce 300 MW+ Hydrogen Power Strategic Partnership for AI Data Centers, Supported by Bosch 🍁 Canada, Alberta Ease TIER Carbon Rules to Fast-Track Pathways ...
JERA Co., Inc. (JERA), a global energy leader and Japan's largest power generation company, today announced that it has signed a Memorandum of Understanding (MoU) with Samsung C&T Corporation (...
ZeroAvia and Safran Forge Partnership on Hydrogen-Electric Technologies
ZeroAvia and Safran have announced the launch of a collaboration dedicated to hydrogen-electric propulsion technologies for aviation. This partnership combines ZeroAvia’s cutting-edge expertise in ...
Clean Fuels Welcomes Hawaii Clean Fuel Standard for Alternative Fuels
JEFFERSON CITY, MO, Clean Fuels Alliance America applauds Hawaii Governor Josh Green, M.D., for signing legislation to create a clean fuel standard for the State of Hawaii. This new law will help d...
Air Liquide Invests Over 160M USD in the U.S. to Supply Advanced Chips Manufacturing in Arizona
Air Liquide announces a new investment of over 160 million US dollars to build, own and operate a new large-scale production facility in Arizona to supply essential ultra-high purity gases to the l...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.