ITM Power Plc (LON:ITM), the energy storage and clean fuel company, has today updated the market on its progress in providing Hydrogen Refuelling Stations (HRS) in the UK. The Company currently has £17.35m of revenue under contract and £6.41m in the final stages of negotiation, making a total pipeline of £23.76m.
The Company announces that it has gained full planning permission at four sites comprising Birmingham, Swindon and two sites in Sheffield. Additional sites have been identified in London and around the M25; along the M1 Corridor including Leeds; and along the M40 Corridor including Oxford and along the M4 including Bristol and Cardiff. The plans outlined here have been put in place prior to the UK Government’s Office of Low Emission Vehicles (OLEV) announcing further grant incentives for hydrogen vehicles and new refuelling infrastructure.
The company now has four publicly accessible HRS, one on the M1 funded by InnovateUK and three funded by the FCH JU and OLEV under the HyFive project. Two further HRS funded by the FCHJU and OLEV under the H2ME project are in construction and another three funded by the FCHJU under the H2ME2 project have been granted planning permission.
ITM Power Plc CEO, Dr. Graham Cooley, said: “UK cities are now under increasing pressure to improve air quality. Air pollution levels have reached “very high” or “high” in eight regions across the UK and London has been issued a final warning by the EU. We have made significant headway in planning further HRS deployments on the M1, M4, M40 and particularly inside the M25 ahead of the accelerating roll-out of commercial and passenger fuel cell electric vehicles as a result of new air quality legislation.”