ITM Power PLC Shell Hydrogen Refuelling Stations Update
18 November 2016 - 7:01AM
RNS Non-Regulatory
TIDMITM
ITM Power PLC
18 November 2016
18 November 2016
ITM Power plc
("ITM Power" or "the Company")
Shell Hydrogen Refuelling Stations Update
Planning consent for Beaconsfield, Gatwick and Cambridge;
Commissioning begins at Cobham
ITM Power (AIM: ITM), the energy storage and clean fuel company,
is pleased to announce that it has been granted full planning
permission from South Bucks District Council to construct a
hydrogen refuelling station (HRS) at the Shell Filling Station,
Beaconsfield. The Shell Filling Station is located at the Extra
Motorway Services in Beaconsfield at Junction 2 of the M40
approximately four miles northwest of the M25.
The Beaconsfield station will be the first HRS in the UK to be
integrated into the existing fuel forecourt, with the hydrogen
dispenser located under the main fuel forecourt canopy. The station
will be deployed as part of the H2ME project and the OLEV HRS
Infrastructure Grants Scheme and is co-funded by the FCH JU and the
UK government.
ITM Power has previously been granted planning permission to
construct HRSs at the Shell Filling Station at Gatwick, together
with the Extra Motorway Service Area Shell Filling Stations off the
M25 at Cobham and A14 (M11) Cambridge. This makes a total of four
consented forecourt sites and the current agreement with Shell is
to build at three of these locations.
Commissioning of the HRS at Cobham is now underway following
delivery of the electrolyser and buffer tank to the site earlier
this week. The HRS will open to the public in early 2017.
Jane Lindsay-Green, Shell UK Retail Future Fuels Manager, said:
"We are pleased that Shell Beaconsfield received planning
permission and are excited about the addition of hydrogen to the
Shell UK network. It is another example of Shell's commitment to
providing low carbon fuels for the future and we hope will provide
further encouragement to other stakeholders to support and invest
in hydrogen. Shell's experience from partnerships in Germany and
the US shows vehicle manufacturers, fuel suppliers and governments
need to work together for hydrogen mobility to succeed."
Dr Graham Cooley, CEO of ITM Power, commented: "We are delighted
to have achieved planning consent for the three refuelling stations
that we are deploying jointly with Shell and look forward to
updating the market on further developments in this exciting
collaboration."
Andrew Long, CEO of Extra MSA Group, said: "Extra is pleased to
be working closely with Shell on its alternative fuel strategy in
conjunction with ITM Power and is proud to be helping to facilitate
the provision of new HRS facilities on the Motorway Network at its
strategic MSA locations."
For further information, please visit www.itm-power.com or
contact:
ITM Power plc
Graham Cooley, CEO +44 (0)114 244 5111
Zeus Capital
Andrew Jones / Dan Bate / Hugh Kingsmill
Moore +44 (0)20 3829 5000
Tavistock
Simon Hudson / James Collins +44 (0)20 7920 3150
About ITM Power plc:
ITM Power manufactures integrated hydrogen energy solutions
which are rapid response and high pressure that meet the
requirements for grid balancing and energy storage services, and
for the production of clean fuel for transport, renewable heat and
chemicals. ITM Power plc was admitted to the AIM market of the
London Stock Exchange in 2004. The Company received GBP4.9m as a
strategic investment from JCB in March 2015. The Company signed a
forecourt siting agreement with Shell in September 2015. The Group
currently has GBP17.77m of projects under contract and a further
GBP2.43m of contracts in the final stages of negotiation, totaling
GBP20.2m, subject to exchange rate variation. ITM Power is a
founder member of the Social Stock Exchange. www.itm-power.com
About OLEV
The HRS Infrastructure Grants Scheme was launched on the 2nd
February 2015 by the Office for Low Emission Vehicles (OLEV) to
support roll out of hydrogen infrastructure networks in the UK with
the specific aim of encouraging the introduction of Hydrogen Fuel
Cell Electric Vehicles (FCEVs). The HRS Infrastructure Grants
Scheme will provided grant funding for selected infrastructure
projects seeding development of hydrogen for road transport in the
UK.
About FCH JU
The Fuel Cells and Hydrogen Joint Undertaking (FCH JU) is a
unique public private partnership supporting research,
technological development and demonstration activities in fuel cell
and hydrogen energy technologies in Europe. Its aim is to
accelerate the market introduction of these technologies, realising
their potential as an instrument in achieving a carbon-lean energy
system. The three members of the FCH JU are the European
Commission, fuel cell and hydrogen industries represented by the
NEW Industry Grouping and the research community represented by
Research Grouping N.ERGHY.
About HyFIVE
Hydrogen For Innovative Vehicles (HyFIVE) is an ambitious
European project including 15 partners who will deploy 185 fuel
cell electric vehicles (FCEVs) from BMW, Daimler, Honda, Hyundai
and Toyota. To serve these vehicles, the project will create
clusters of refuelling station networks in three parts of Europe,
where six new stations (Danish Hydrogen Fuel, ITM Power and OMV)
will be deployed linking them with 12 existing stations.
www.hyfive.eu
About H2ME
H2ME is the largest European project of this nature and is based
around an alliance of the four most ambitious hydrogen mobility
initiatives in Europe: H2 MOBILITY Deutschland, Mobilité Hydrogène
France, Scandinavian Hydrogen Highway Partnership and UK H2
Mobility. These initiatives originally brought together the key
stakeholders in the hydrogen sector (vehicle manufacturers,
hydrogen refuelling station providers and Government
representatives), to study and develop strategies to make
hydrogen-fuelled transport a reality in the respective regions.
These initiatives will now be working together to make
hydrogen-fuelled transport a reality in Europe. Under H2ME they
will deploy 200 FCEVs, 125 fuel cell range-extended electric (FC
RE-EVs) commercial vans and 29 new HRSs in 10 countries (Austria,
Belgium, Denmark, France, Germany, Iceland, Netherlands, Norway,
Sweden and the UK) by 2019. This plan ties in with existing
national level initiatives for the roll-out of a large scale
hydrogen refuelling infrastructure, aimed at enabling Europe wide
emission-free driving. www.h2me.eu
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALLFEDLRLDLIR
(END) Dow Jones Newswires
November 18, 2016 02:01 ET (07:01 GMT)