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ITM Power awarded grant from Massachusetts Clean Energy Center to undertake multi-MW Power-to-Gas feasibility study

The AIM-listed energy storage and clean fuel company said the study will assess the potential for P2G energy storage and hydrogen fuel for the Massachusetts region in collaboration with Holyoke Gas and Electric (HG&E), a local gas and electricity utility
Electrolyser
ITM Power said the project is due to commence in the second-quarter of 2018 and has a duration of 12 months

ITM Power (LON:ITM) has announced the award of a grant from the Massachusetts Clean Energy Center (MassCEC) to undertake a multi-MW Power-to-Gas (P2G) feasibility study for the US state.

The AIM-listed energy storage and clean fuel company said the study will assess the potential for P2G energy storage and hydrogen fuel for the Massachusetts region in collaboration with Holyoke Gas and Electric (HG&E), a local gas and electricity utility.

READ: ITM Power receives Canadian grant to test feasibility of large scale hydrogen fuel production

It will also determine the technical and economic feasibility for P2G and hydrogen fuel derived from renewable energy sources.

The firm said the project is due to commence in the second-quarter of 2018 and has a duration of 12 months.

It noted that, in December 2016, The Massachusetts Department of Energy Resources (DOER) adopted a 200 Megawatt hour (MWh) energy storage target for electric distribution companies to procure viable and cost-effective energy storage systems to be achieved by January 1, 2020.

Steve Jones, managing director of ITM Power Inc., commented: "The North East of the US has recently seen growth in energy storage deployments and has been identified as one of the next regions outside California for the roll out of fuel cell electric vehicles. 

“Managing renewables is about harvesting and utilizing the maximum amount of energy possible.  Generating green hydrogen for energy storage and vehicle fuel is a perfect way to achieve this." 

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ITM Power PLC Timeline

Newswire
December 17 2018
Big Picture
October 02 2018

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