Conrad Energy is one of the chosen applicants for the Net Zero Hydrogen Fund, according to the Department for Energy Security & Net Zero.
Conrad Energy will use this investment to construct a new electrolysis-based green hydrogen production facility in Lowestoft, East Suffolk, with an initial capacity of 2MW. This facility is setting the bar for the creation of green hydrogen using renewable energy, and it will work to highlight the enormous possibility present.
Conrad Energy, the largest owner-operator of flexible generation in the UK, was actively building a site in Lowestoft when Hydrogen East recognized it as an important area for the rapid deployment of a commercial hydrogen project. This study came to the conclusion that there were several hydrogen opportunities in the region, with possible applications in maritime vessels, automobiles, heating systems, and industrial operations.
The proposal can take advantage of the existing grid connection and infrastructure by situating the electrolysis at the flexible generating site, allowing for a very quick deployment and hydrogen production in 2024.
Despite being connected to the grid, the project will use renewable energy thanks to a Power Purchase Agreement that Conrad Energy has acquired.
Assuming a 30% load factor from intermittent renewable energy input, the plant will create 150 tonnes of hydrogen yearly, eliminating the need for 500,000 liters of diesel annually and cutting emissions by 1250 tonnes of CO2 equivalent.