Hydrogen opportunities for industrial products companies
Heat and power generation
The UK Government’s net zero pledge will transform how the UK generates, transports and consumes energy. Energy efficiency and low-carbon fuels will drive this transformation. As a low carbon fuel, hydrogen is likely to be a key part of the UK future energy mix, with the UK Government setting a target to produce 10GW of hydrogen by 2030.
Pressure is growing on industrial companies to reduce their emissions. And given that most industrial facilities produce their own heat and power on site from fossil fuels, hydrogen is one of the options to replace them.
Industrial products companies also have an opportunity to provide hydrogen compatible or ready equipment, accessories and services to the wider industrial heat and power, and power generation sectors in the UK.
It is time for industrial products companies to explore market opportunities and ask:
- What hydrogen-ready equipment and services will customers need and when?
- Will we be ready to supply them when they are needed?
- What if the market develops faster than expected?
To help, we’ve identified nearly 400 industrial sites within 50 miles of planned hydrogen generation sites that could consider investing in hydrogen-ready technologies.
Get in touch with our hydrogen and industrial products team to discuss the opportunities in further detail.
