Good Energy is continuing to push renewable energy provision into new areas after agreeing to explore green tariffs for hydrogen production at refuelling stations across the UK.
The renewable electricity supplier and generator has signed a memorandum of understanding with ITM Power, the UK energy storage and clean fuel company, to develop new access to clean energy for its hydrogen stations.
Hydrogen fuel can be generated by passing electricity through water using an electrolyser to separate hydrogen and oxygen atoms. The process is considered to result in one of the cleanest forms of fuel but only if renewable energy is used.
Dr. Graham Cooley, chief executive of ITM Power, said: “Utilising surplus renewable energy lies at the heart of the proposition for hydrogen as a clean fuel. We look forward to exploring options for direct renewable energy contracts through collaboration with Good Energy”
ITM Power already has a number of strategies for sourcing low carbon electricity for the operation of its hydrogen refuelling stations, including direct coupling to renewable power generation, grid balancing to access renewable energy and renewable energy contracts.
However, it has plans to roll-out five hydrogen refuelling stations in the UK in and around London in 2016. According to a company update released last week, ITM Power has had 16 UK hydrogen refuelling station planning applications approved suggesting its energy demands are set to increase.
ITM Power and Good Energy will explore the provision of renewable energy contracts and direct coupling to renewable power generation in their portfolio for the production of hydrogen fuel across the UK.
Juliet Davenport, founder and chief executive of Good Energy, said: “We’re proud to be working with ITM Power on this cutting-edge technology which can play a big part in the energy future of the world.
“The opportunities to work with ITM Power to see how we can integrate the transport, heat and electricity market are really exciting, and we think we are a great fit to supply zero carbon renewable electricity for this inspiring venture.”
The deal marks the latest sign of growth for Good Energy into emerging sectors after the company said earlier this year it was aiming to achieve a five-fold increase in its customer base by 2020, with a particular focus on businesses.
