The UK’s biggest gas distribution network has published a report which explains how the North West will trailblaze a switch from a dependency on methane-rich natural gas to using more of low-carbon hydrogen. The report includes details of the potential economic windfall set for the region through its ‘HyNet’ project and says that at least 5,000 jobs will be created. First stages of a 30-year plan centre on a new hydrogen production facility planned for Cheshire, making gas for distribution locally and into Merseyside and Greater Manchester. Central to HyNet is a promise to reduce carbon emissions by more than one million tonnes every year, or the equivalent of taking 600,000 cars off the road. Cadent’s report, published today (11 May), reveals more than 5,000 jobs would be created between now and 2025, with thousands more to follow as more plants and pipelines come online later. Up-and-running by the mid-2020s, it would be a UK-first large-scale use of hydrogen in this way. Cadent say “it could open the door for the use of hydrogen as a ‘clean’ fuel for buses, lorries and trains.” Led by Cadent, HyNet already has the backing of big players in industry, as well as the region’s two metro mayors, Andy Burnham and Steve Rotheram. Cadent’s HyNet project is based on extracting hydrogen from natural gas at a new purpose-built production facility, most likely located in Cheshire (with various sites being considered). This will be delivered to big industrial users via a new pipeline connected directly to up to 10 sites, including oil refineries and manufacturing plants. Over a million tonnes of carbon dioxide – which would be created during the process to extract hydrogen from natural gas – will be transported and stored in the repurposed Liverpool Bay Complex gas fields. Hydrogen would also be blended (at volumes up to 20%) with the natural gas currently used for domestic purposes, meaning two million homes in Cheshire, Merseyside and Greater Manchester would reduce their carbon footprint overnight.
Networks 11th May 2018 read more »
The United Kingdom is very diligent in its efforts to become a greener country. This year, local media were proud to report that electricity produced by wind and solar installations had overtaken that produced by nuclear power plants. Earlier this week, a gas distribution company, Cadent, announced it will invest more than US$1.2 billion (900 million pounds) in the construction of the first large-scale hydrogen fuel station network in the country. The list can go on and the message is clear: the UK wants to reduce its dependence on oil and gas, especially the latter, most of which it gets from Russia. A fresh report from the Institution of Mechanical Engineers has suggested a way to reduce the country’s dependence on imported gas. The way involves hydrogen made using the excess energy produced by wind and solar installations and then stored in the national gas grid. According to some industry observers, U.S. LNG could derail the advent of the hydrogen economy in the UK. Exports of LNG from the United States to the UK have been expanding, and it seems that this expansion is a trend: the UK is a naturally attractive destination for U.S. LNG cargoes as it is closer than some Asian markets, and also because the UK is eager to diversify its sources of gas.
Oil Price 13th May 2018 read more »