The Gigastack project, led by ITM Power, Ørsted, Phillips 66 Limited and
Element Energy, will show how renewable hydrogen derived from
offshore wind can support the UK’s 2050 net-zero greenhouse gas emission
target. ITM Power developed designs for a low-cost modular 5 megawatt (MW)
electrolyser ‘stack’, collaborating with Ørsted to understand the
potential synergies with offshore wind farms and with Element Energy to
undertake a market analysis and explore business models for the first
industrial-scale 100MW electrolysers.
ESTABLISHED:
2019
HEADQUARTERS:
London, UK
KEY PERSON:
Anders Christian Nordstrøm, Vice President for Hydrogen at Ørsted
The Gigastack project, led by ITM Power, Ørsted, Phillips 66 Limited and
Element Energy, will show how renewable hydrogen derived from
offshore wind can support the UK’s 2050 net-zero greenhouse gas emission
target. ITM Power developed designs for a low-cost modular 5 megawatt (MW)
electrolyser ‘stack’, collaborating with Ørsted to understand the
potential synergies with offshore wind farms and with Element Energy to
undertake a market analysis and explore business models for the first
industrial-scale 100MW electrolysers.
ESTABLISHED
2019
KEY PERSON
Anders Christian Nordstrøm, Vice President for Hydrogen at Ørsted