Great British Energy Invests £86.5 Million in ITM Power South Yorkshire Electrolyser Expansion

Great British Energy, the UK's publicly owned energy company, and the government have announced a combined £86.5 million investment in ITM Power UK Ltd in South Yorkshire. The funding comprises £40 million from Great British Energy and a £46.5 million government grant in principle, marking Great British Energy's largest clean energy investment to date.

The investment will support a 1 GW expansion of ITM's South Yorkshire facility, creating over 400 skilled jobs in manufacturing, construction, and related supply chain activities. The expansion will establish South Yorkshire as home to Europe's largest electrolyser factories and strengthen the region's advanced manufacturing capabilities.

Electrolysers are devices that use electricity to split water into hydrogen and oxygen, enabling the production of green hydrogen at scale. The investment will accelerate deployment of ITM's next-generation Chronos electrolyser technology, which aims to reduce costs and improve energy efficiencies.

The announcement represents part of the government's broader clean energy strategy. Since July 2024, the UK has secured over £90 billion in private clean energy investment. The government has also committed £500 million for hydrogen infrastructure and confirmed contracts for 10 first-wave green hydrogen projects.

Great British Energy will become a shareholder in ITM Power through this investment, demonstrating its role in supporting UK-based clean energy supply chains under its Energy Engineered in the UK programme.

Originally reported by Hydrogen Central. Read the full article →