Statera wins govt funding for 3-GW green H2 project in Scotland

UK flexible energy generation and storage developer Statera Energy on Thursday laid out plans to build a 3-GW green hydrogen plant in Scotland’s Aberdeenshire after securing financing for some of the work on the scheme.

Earlier in the day, it was unveiled that Statera's project, called Kintore Hydrogen, is one of 15 successful applicants that will share GBP 37.9 million in financing from the GBP-240-million Net Zero Hydrogen Fund (NZHF).

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The developer said separately that Kintore Hydrogen will get 50% funding for its Front End Engineering Design (FEED), planning and consenting work. It expects to be able to complete the FEED study in 2024 and to take a final investment decision in the following year.

The company intends to install the capacity in the town of Kintore, starting with 500 MW. It expects to have the entire project's production capacity in operation in 2030. The output of the complex will go to supply Statera’s power generation facilities and power carbon-intensive industrial clusters via the existing natural gas transmission network.

Kintore Hydrogen’s production process will be powered by wind farms located across Scotland.

“The project will produce green hydrogen at scale in an optimal location, offering low-cost, secure and storable energy to the UK system. Kintore will be a flagship project for Statera,” said Tom Vernon, Statera’s managing director.

The UK government has set goals of up to 2 GW of low-carbon hydrogen production capacity by 2025 and up to 10 GW by 2030.