Economy

HyNet North West can deliver jobs and growth for the regional and UK economy.

  • £17 billion Gross Value Added for the North West. £31 billion for UK.
  • 5000 North West jobs created to 2025 and many more beyond.
  • Helps to protect energy intensive industry jobs across the North West.
  • First UK CCUS infrastructure at low cost through the practical and economic re-use of the Liverpool Bay oil and gas fields site.
  • Over 80% of the construction spend and over 60% of the design and engineering sourced in the North West.
  • Positions the North West and the UK as leaders in hydrogen technologies and skills for export.
  • Hydrogen infrastructure can attract new inward investment.

Environment

HyNet North West brings multiple environmental benefits including a significant reduction in CO2 emissions.

  • Over 1 million CO2 savings per annum. The equivalent carbon reductions of taking more than 600,000 cars off the road.
  • Significant reduction in CO2 emissions from energy intensive industrial gas users.
  • CO2 emissions savings from domestic heat, with no expensive changes needed around the home.
  • 5-6 Terrawatt Hours of low carbon heat per annum; greater than that from all current UK heat network schemes.
  • Hydrogen infrastructure can facilitate vehicle fuelling hubs for transport including buses, HGVs and trains supporting cleaner airs in NW towns and cities.
  • Stimulates investment in other renewable energy projects in the region by providing an alternative (to power) route to market.

HyNet North West Project Partners

HyNet North West is being delivered by a consortium of partners, each of which will lead a different part of the project.
Progressive Energy is leading the development of the low carbon hydrogen production plant and the CO2 pipeline and Cadent is leading development of the hydrogen pipeline.