JCB signs green hydrogen deal worth billionson October 31, 2021 at 3:50 am

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

JCB will take 10% of the green hydrogen made by Australian mining company Fortescue Future Industries.

A general view of the JCB World Part Centre Warehouse in Uttoxeter, England

Image source, Getty Images

Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.

The deal means JCB will take 10% of the green hydrogen made by mining company Fortescue Future Industries (FFI).

Australian company FFI said the deal was a “first-of-a-kind partnership” that would see it become the UK’s largest supplier of the clean fuel.

Production, mostly done outside the UK, is expected to begin early next year.

JCB and a firm called Ryze Hydrogen would then distribute it in the UK.

Business Secretary Kwasi Kwarteng has said low carbon hydrogen has a critical role to play in the UK’s transition to net zero – that is balancing the amount of greenhouse gas produced and the amount removed from the atmosphere.

JCB, based in Uttoxeter, Staffordshire, announced earlier this month that it was spending £100m on a project to produce “super efficient hydrogen engines”.

Its chairman Lord Bamford said this deal would help to make green hydrogen a viable solution, telling the BBC it was “the right thing to do”.

Lord Bamford called on the government to invest in hydrogen-fuelled forms of transport such as buses, trains and aircraft.

Around the BBC - Sounds
Around the BBC footer - Sounds
- Advertisement -

Discover

Sponsor

Latest

The Passenger: Lost German novel makes UK bestseller list 83 years onon May 17, 2021 at 4:47 pm

A novel written by a Jewish author in 1938 after he escaped Nazi Germany is climbing the book charts.A novel written by a Jewish...

Stereophonics: Son’s cancer treatment inspired Kelly Jones songon March 5, 2022 at 4:10 pm

Frontman Kelly Jones says Forever was written about the time when his 18-month-old had cancer.

Sheffield United 0-3 Arsenal: Gabriel Martinelli scores in deserved Gunners winon April 11, 2021 at 8:07 pm

Gabriel Martinelli scores in his first start since January as Arsenal end a run of four games without a win with victory over the...

Children’s author Shirley Hughes dies aged 94on March 2, 2022 at 9:33 am

The writer and illustrator was known for popular works including Alfie and Dogger.Image source, PA MediaChildren's author and illustrator Shirley Hughes has died aged...

Mbappe scores late winner for PSG against Real after Messi has penalty savedon February 15, 2022 at 10:31 pm

Kylian Mbappe scores a brilliant goal in stoppage time as Paris St-Germain beat 13-time Champions League winners Real Madrid in the first leg of...