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Decarbonising industry
Shell is part of the European consortium behind Refhyne, which receives European Commission (EC) funding. Plans have been submitted to increase the capacity of the electrolyser from 10 MW to 100 MW, producing around 10 times the current 1,300 tonnes of green hydrogen a year.The EC is investing billions of dollars in green hydrogen by 2030 as part of its Green Deal, which aims to achieve climate neutrality by 2050. Hydrogen is expected to play an important role in decarbonising parts of industry, like refining, as well as transport, especially heavy-duty and long-distance trucks, buses, ships and planes. Wilson estimates that the global hydrogen industry today is valued at more than around $150 billion, and he expects a tripling of the industry in the next decade.Graham Cooley, CEO of ITM Power, the UK firm that made the electrolyser, says: “In an industry where there are many announcements and promises, we have delivered something real and tangible.” ITM Power is beginning work on the next phase of the project, Refhyne II, which could be up and running in three years.

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