Hy Stor Energy LP today (19th October) has announced to develop and advance the production, storage and delivery of green hydrogen at scale in the US.
It will develop hydrogen hubs in partnership with Connor, Clark & Lunn Infrastructure (CC&L Infrastructure). The first major project, the Mississippi Clean Hydrogen Hub, is being developed and has multiple sites permitted for hydrogen storage. The company said that its planned scale of the Mississippi Clean Hydrogen Hub is around ten times larger than any other green hydrogen project under consideration in the US and would be one of the largest in the world.
Initially, the Mississippi Clean Hydrogen Hub is expected to produce around 110 million kg/year of green hydrogen and store over 70 million kg of green hydrogen in its underground salt caverns. Subject to regulatory approvals and equipment availability, the hub’s first phase is expected to be commissioned by 2025.
Hy Stor Energy selected Mississippi to develop its first green hydrogen hub due to its distinct geology, geographic location, abundant renewable energy and proximity to existing infrastructure. The region has naturally occurring underground salt formations that can support the development of large caverns for green hydrogen storage.
Laura Luce, CEO of Hy Stor Energy, said, “We believe the approach we’re taking in Mississippi will become the blueprint for future green hydrogen projects.”
Claire Behar, CCO of Hy Stor Energy, commented, “Hy Stor Energy will serve customers across a variety of industries including transportation, power generation, and difficult to decarbonize sectors, such as manufacturing and industrials, where green hydrogen can replace fossil fuels.”
Matt Weaver, Business Lead – North America of Nel Hydrogen, noted, “We believe that the Mississippi Clean Hydrogen Hub proposed by Hy Stor Energy is truly groundbreaking and can serve as a model for green hydrogen efforts going forward.”