Market leaders coming together for decarbonisation
HYRO is a joint venture between Octopus Energy Generation and RES
RES is the world's largest independent renewable energy developer – having delivered 23GW of generation in 11 countries.
Octopus Energy Generation is one of Europe's largest investors in renewable energy. The team manages over 3GW of green power assets worth £5bn across 11 countries. It's the generation arm of Octopus Energy Group, the global energy tech pioneer, using technology to unlock a customer focused and affordable green energy revolution.
Green hydrogen will play a key role in the energy transition – as a zero-carbon fuel it can help many sectors in the net-zero journey. HYRO supports and promotes businesses electrifying their processes where possible – we see this as our best chance of rapid decarbonisation and the best use of the green power that our joint venture partners work hard to create.
There are many industrial processes that are difficult to electrify and HYRO is excited about the role green hydrogen can play and wants to work with businesses to support their decarbonisation journey.
This aligns with the UK's wider decarbonisation ambitions as HM Government is targeting 10 GW of low hydrogen capacity built by 2030, with at least 5GW of that target being green.
If you’re a large energy user and thinking about the role green hydrogen can play in your decarbonisation journey, reach out to the HYRO team below.