Alkemy Capital Investments Enters Into Agreement for Green Hydrogen Supply
12 Ottobre 2022 - 11:31AM
Dow Jones News
By Anthony O. Goriainoff
Alkemy Capital Investments PLC said Wednesday that its
subsidiary Tees Valley Lithium Ltd., or TVL, has entered into a
preliminary agreement with BP Alternative Energy Investments Ltd.
for the supply of green hydrogen.
The London-listed company, which was created to buy a business
or controlling interest in the mining and technology metals sector,
said BP Alternative Energy--a member of the BP PLC group of
companies--will supply green hydrogen to TVL's green-hydrogen
electrolytic production facility in Teesside, England.
TVL also said it would partner with BP to evaluate the
feasibility of further decarbonizing its processes and energy
requirements through a switch from natural gas to green
hydrogen.
"The project will help transform local energy use, the local
economy and skills development in the community. It will also help
us deliver economic growth and the home-grown hydrogen that the
U.K. needs," BP said.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 12, 2022 05:16 ET (09:16 GMT)
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