ExxonMobil, SGN and GIG sign MoU

Southampton has one of the largest industrial sectors in the UK, and is both a critical element of the country’s energy supply chain and an important gateway for trade in global markets.

An initial feasibility study by SGN and GIG shows that the annual hydrogen demand from the cluster, which is home to ExxonMobil’s Fawley complex, could rise to as much as 37 TWh by 2050, including the heating demand of 800 000 homes across the south of England. An increase in the use of hydrogen with carbon capture would help reduce emissions in the area’s industrial sector and stimulate the local economy through the conversion of the natural gas network, while helping reduce emissions from domestic heating and transport.

The feasibility study estimated that carbon capture facilities could initially capture approximately 2 million tpy of CO₂, including from initial hydrogen production of around 4.3 TWh/yr of hydrogen. This could also attract significant investment in the community, support existing employment and stimulate the creation of local jobs. If technical and business feasibility is confirmed, and with the right government support, hydrogen production could commence as early as 2030.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/08122021/exxonmobil-sgn-and-gig-sign-mou/