Tuesday, May 28, 2024
HomeHydrogenH2U Renewable Hydrogen Project secures grant from the InnovateUkraine competition
Powered by

H2U Renewable Hydrogen Project secures grant from the InnovateUkraine competition

Hydrogen Ukraine and AB5 Consulting have been awarded a grant to spearhead the H2U Renewable Hydrogen Project in the Odesa Region. This grant, obtained through InnovateUkraine, funded by UK International Development and hosted by the British Embassy in Kyiv, marks a significant milestone in the advancement of sustainable energy initiatives in Ukraine.

The H2U project is set to revolutionise energy production in Ukraine by leveraging renewable sources to produce green hydrogen, a clean and versatile energy carrier. With an initial electrolysis capacity of 100 megawatts (MW), the project is set to construct a renewable hydrogen plant dedicated to producing renewable electricity and green hydrogen for domestic needs and export to EU countries. The project also includes the construction of solar and wind farms with capacities of 120 MW and 80 MW respectively, in addition to assessing the feasibility of underground hydrogen storage facilities in the saline formations of the Odesa region. This approach ensures a secure energy supply capable of withstanding external disruptions.

The H2U project will conduct a comprehensive feasibility study, under the administrative lead of AB5 Consulting (UK) and the technical lead of Hydrogen Ukraine (Ukraine). This feasibility study will lay the groundwork for the construction and implementation phases of the project.

“We are thrilled to receive this grant, which underscores the significance of our project in driving innovation and sustainability within the Ukrainian energy sector,” said Iaroslav Kryl, CEO of Hydrogen Ukraine. “This funding will enable us to accelerate our efforts towards establishing green hydrogen production and storage capabilities, contributing not only to Ukraine’s but Europe`s energy transition and fostering a cleaner, more resilient energy future. With sincere gratitude, I also would like to acknowledge the invaluable support from the Ukrainian Hydrogen Council in achieving this milestone.”

The collaboration between Hydrogen Ukraine and AB5 Consulting exemplifies the power of partnership in advancing sustainable energy solutions. By combining expertise and resources, the consortium aims to propel the H2U project towards its goal of enhancing energy security, reducing carbon emissions, and fostering economic growth in the Odesa Region and beyond.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular