Hynamics announces Fawley Green Hydrogen Project shortlisted for HAR2 by government

 

Hynamics, a 100% subsidiary of EDF Group specialising in low-carbon and renewable hydrogen, has been successful in being shortlisted for the government’s Hydrogen Allocation Round 2 (HAR2) for its project Fawley Green Hydrogen.

The Fawley Green Hydrogen project will be built on land adjacent to the ExxonMobil Petrochemical Complex at Fawley.  Hynamics will install a 120 MW electrolyser enabling the reduction of carbon emissions from this national strategic infrastructure. The petrochemical complex is the largest of its kind in the UK, with its road fuels available to 70% of the population, and over 25% of Heathrow’s jet fuel is made in Fawley. The site also produces a wide range of essential chemicals. The site provides employment for around 2500 skilled personnel. This ambitious, first-of-a-kind opportunity aims to reduce carbon emissions, replacing fossil fuels used for heating with low carbon hydrogen, with the potential to reduce CO2 emissions by up to 100 000 tons/year.

Hynamics’ Fawley Green Hydrogen project will supply 100% of the hydrogen produced to the ExxonMobil Petrochemical Complex at Fawley for the purposes of replacing existing fossil fuels used for heating. 

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The development of a green hydrogen production facility in the Fawley Waterside area would be an important step in the supply of low carbon energy at ExxonMobil Petrochemical Complex at Fawley.

With the positive shortlisting announcement, Hynamics will be working with the Department for Energy Security and Net Zero during the due diligence phase in order to provide clarification and further details on the opportunity and value for money this Fawley Green Hydrogen project will offer.

About HAR 2

The Net Zero Hydrogen Fund is a £240 million program overseen by the Department for Energy Security and Net Zero, aiming to support the commercial deployment of hydrogen production projects across the UK as part of the UK Government’s wider net zero strategy. 

 

The Hydrogen Allocation Rounds allocate revenue support through the Hydrogen Production Business Model (HPBM) to hydrogen production facilities across the UK.

The Hydrogen Allocation Rounds (HARs) are a government funding mechanism to support low carbon hydrogen production across the UK.

 

A HAR allocates Hydrogen Production Business Model revenue support funding to successful projects, to overcome the operating cost gap between low carbon hydrogen and high carbon counterfactual fuels.

 

UK projects that meet the eligibility criteria of each allocation round can apply to receive Hydrogen Production Business Model support over a 15-year period. Successful projects are awarded and sign a Low Carbon Hydrogen Agreement (LCHA).

About Hynamics

Hynamics is a subsidiary of EDF Group that offers a turnkey solution to the industrial and mobility sectors for the production, storage and distribution of low-carbon and renewable hydrogen, by ensuring the investment, operation and maintenance of production and distribution facilities. 


For more information, visit www.hynamics.com

About ExxonMobil

ExxonMobil, one of the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world's growing energy needs. We hold an industry-leading inventory of resources and are one of the world's largest integrated refiners, marketers of petroleum products and chemical manufacturers.

For more information, visit www.exxonmobil.co.uk