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FACTS ABOUT HYDROGEN AS A TRANSPORT FUEL: • Hydrogen fuel cell electric vehicles (FCEVs) can help reduce emissions and address air pollution while offering convenience for motorists. o FCEVs are powered by electricity and only produce water vapour, helping to improve local air quality. o FCEVs do not produce CO2, or other harmful emissions from their tailpipe. o Hydrogen technology has potential to store energy easily. o Energy is stored in compressed hydrogen fuel, rather than in a battery.
• In the longer term, hydrogen in transport can help reduce well-to-wheel CO2 emissions from the transport sector if the electricity that creates the hydrogen is generated by renewable technologies such as wind or solar.
• For hydrogen electric transport to succeed, vehicle manufacturers, fuel suppliers and governments need to work together. There is a need for more hydrogen vehicles to be available as well as sufficient refuelling infrastructure to attract customers. Businesses also require incentives to build this infrastructure.
SHELL AND HYDROGEN: • In addition to two hydrogen sites in the UK, Shell has a growing number of hydrogen sites in California, and is part of a joint venture in Germany which aims to open a network of up to 400 hydrogen sites by 2023. Shell is also assessing the potential of future projects in the United States, Canada, Switzerland, Austria, France, Belgium, Luxembourg and the Netherlands.
• Shell is a founding member of the Hydrogen Council, announced at Davos in January 2017, comprising energy companies, OEMs and technology partners with a collective pledge to accelerate investment in the development and commercialisation of the hydrogen and fuel cell sectors.
For further information please visit www.itm-power.com or contact:
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 £4.9m as a strategic investment from JCB in March 2015. The Company signed a forecourt siting agreement with Shell in September 2015.
The Company currently has £33.3m of projects under contract and a further £5.5m of contracts in the final stages of negotiation constituting a total backlog of £38.9m (subject to exchange rate variation).
About the 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; the fuel cell and hydrogen industries, represented by the NEW industry grouping; and the research community, represented by research grouping N.ERGHY.
This project has received funding from the Fuel Cells and Hydrogen Joint Undertaking under grant agreement No 671438.
This joint undertaking receives support from the European Union’s Horizon 2020 research and innovation programme, Hydrogen Europe, and the New European Research Grouping on Fuel Cells and Hydrogen (“N.ERGHY”). http://www.fch.europa.eu/
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