Abstract
UK-based ITM Power has established the ITM Motive division as a separate, wholly owned subsidiary for the management of the company's hydrogen refueling assets. The division, led by Dr Duncan Yellen as the newly appointed Managing Director, is responsible for the company's ‘build, own and operate' (BOO) portfolio of hydrogen stations in the UK.
ITM Motive will own and operate a network of eight publicly accessible hydrogen refueling stations [e.g. FCB, November 2019, p10], which will expand to 11 by the end of 2020. Each incorporates an ITM Power electrolyser [see the ITM feature in January 2012] and a Linde IC90 compression, storage and dispensing system [see the Linde feature in September 2014].
ITM Power has a siting agreement with Shell for deployment on its forecourts in the UK [September 2015, p1 and June 2019, p9]. ITM has demonstrated – in close collaboration with Linde [October 2019, p1] – a remarkable station availability of 98%, which is encouraging further rollout of fuel cell electric vehicles in the UK.
ITM Motive's stations continue to be operational as part of the essential services provided during the Covid-19 lockdown in the UK, refueling vehicles for customers including the Metropolitan Police [May 2018, p10] and Green Tomato cars in London, which is providing transport for NHS staff [December 2019, p2].
Prior to joining ITM Motive, Duncan Yellen was M&A and Business/Project Development Manager at Storengy, a subsidiary of Engie, where he developed its business strategy in ‘green' gases, compressed natural gas (CNG), and geothermal. Before that he was Head of Consulting for EA Technology; his early career was with National Power and British Gas.
In other news, ITM Power has signed an agreement to supply an 8 MW electrolyser in the UK. The agreement, including associated project costs, has a total value of £10 million (US$12.6 million); funding will fall across Fiscal Years 2021 and 2022. Further details will be announced in due course. ITM is also a strategic partner in the new H2OzBus project, which aims to evaluate and demonstrate hydrogen fuel cell electric buses in public transport in Australia [see page 2].
ITM Power: www.itm-power.com