ITM Power, a leading manufacturer of electrolyser systems, today announced a significant step forward in the UK’s renewable energy transition, confirming the signing of a Front-End Engineering Design (FEED) contract for a green hydrogen project. The project has been shortlisted by the UK government in the highly competitive Hydrogen Allocation Round 2 (HAR2).
This agreement is a crucial milestone, providing the detailed engineering necessary to move the project towards a Final Investment Decision (FID).
Project Scope and Technology
The specific customer and project name have not been publicly disclosed at this stage, but ITM Power confirmed key technical details:
- Technology: The design is based on the integration of multiple NEPTUNE V units, ITM Power’s advanced, 5MW containerised Polymer Electrolyte Membrane (PEM) green hydrogen plant.
- Capacity: While the exact total capacity depends on the “multiple” units, using the 5MW NEPTUNE V platform indicates the project is a mid-scale multi-megawatt installation, designed for robust industrial or mobility applications.
- Timeline: The customer currently anticipates the plant will be operational by 2028.
- Next Steps: The project remains subject to a positive outcome from the HAR2 allocation process and a subsequent Final Investment Decision (FID) by the customer.
Context and HAR2 Significance
The UK’s Hydrogen Allocation Round 2 (HAR2) is part of the government’s strategy to rapidly scale up domestic low-carbon hydrogen production, with a target capacity of up to 10 GW by 2030. Projects shortlisted in HAR2 are those deemed technically feasible and strategically important to the UK’s energy security and decarbonisation goals. Successfully securing a HAR2 allocation is critical for accessing government revenue support mechanisms, which de-risk the investment and underpin project financing.
Dennis Schulz, CEO of ITM Power, commented on the development:
“We are delighted to have signed the FEED contract for yet another UK HAR2 project. This is a further signal that NEPTUNE V is the leading containerised product for mid-scale green hydrogen projects, and we are looking forward to supporting our customer to progress the project through FID. These FEED contracts cement our position at the forefront of the UK’s hydrogen infrastructure build-out.”
The signing of this contract highlights the ongoing commercial momentum for ITM Power’s standardised, modular electrolyser products within the UK market.
