EnergyPathways (AIM: EPP), an energy transition company, announced a strategic engagement with Hazer Group Ltd (“Hazer”) to use its proprietary hydrogen production technology – globally licensed through Hazer’s strategic alliance with KBR Inc (“KBR”), a global engineering leader and technology solutions provider. This technology will be used to develop a bolt-on clean hydrogen facility that will expand the Company’s MESH integrated energy storage project
.Under the MOU, the Company secures the support of Hazer as well as exclusive rights to access Hazer’s leading technology within the UK for an initial period of 12 months. Hazer and KBR have formed an exclusive, strategic alliance focused on the licensing and deployment of Hazer’s technology in the global ammonia and methanol markets.
Under the terms of the MOU, Hazer and EnergyPathways (the “Parties”) have agreed to negotiate and finalise a definitive binding agreement for concept engineering studies for a Hazer licensed facility with an indicative hydrogen production capacity of 90MW (20,000 tonne per annum). The planned MESH hydrogen facility will enable the Company to supply decarbonised energy in the UK and mitigate Scope 3 emissions. The MESH hydrogen facility will use feedstocks from the MESH energy storage project and other sources in order to produce and store hydrogen for flexible clean power generation as well as ammonia for use in the UK and for export. The Company is also targeting production of up to 60,000 tonnes per annum of high-quality synthetic graphite.
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Describe more in press release https://tinyurl.com/45hsbvej
