ITM Power

ITM Power

Services for Renewable Energy

ITM Power designs and manufactures electrolysers based on proton exchange membrane technology to produce green hydrogen.

About us

ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market of the London Stock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.

Industry
Services for Renewable Energy
Company size
201-500 employees
Headquarters
Sheffield
Type
Public Company
Founded
2000
Specialties
Green Hydrogen Production, Hydrogen Storage, Energy Storage, Hydrogen Delivery Systems, Electrolysers, PEM Fuel Cells, Electrolyzers, HICE, Decarbonising Transport, Decarbonising the grid, Power to Gas, and Methanation

Locations

Employees at ITM Power

Updates

  • View organization page for ITM Power, graphic

    32,299 followers

    It was a pleasure to welcome the Rt Hon Lord Mayor of London Michael Mainelli and the Lady Mayoress Elisabeth Mainelli to the factory along with Master Cutler Charles Turner DL and Mark Huxley FRSA, Master Entrepreneur. The Lord Mayor has an impressive engineering background, and so we gave him the opportunity to assemble one of our test electrolysers to fully understand our approach to electrolysis. The Rt Hon Lord Mayor of London is an international ambassador for the UK’s listed businesses, and as the first hydrogen focussed business to join the London Stock Exchange in 2004, we thank him and his team for spending time with us to understand our technology, and look forward to future collaborations.   #hydrogen #greentech #energy

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  • View organization page for ITM Power, graphic

    32,299 followers

    We have signed a capacity reservation with a large utility company, under which our customer has secured future production capacity for NEPTUNE II units, our 2 MW containerised plug & play electrolyser system. The reservation covers four NEPTUNE II units to be manufactured in 2025/2026 for a project in the UK. The project, for which HAR1 funding has already been secured, expects the Final Investment Decision (FID) by our customer in 2025. Dennis Schulz, CEO ITM, said: “This capacity reservation is the result of an intense qualification process by a large industrial player who is keen to buy a safe, reliable and cost-competitive solution. Data gathered from plants in operation were a key differentiator.” Read more…https://lnkd.in/eqCsWwZu   #hydrogen #greentech #manufacturing #energy

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  • View organization page for ITM Power, graphic

    32,299 followers

    We are pleased to announce that we have signed a 500MW capacity reservation with a global industrial customer. This reservation secures future production capacity for the manufacturing of our state-of-the-art electrolyser stacks.   Dennis Schulz, CEO ITM, said: “Today’s announcement is a great example of how close collaboration will unlock competitive and successful green hydrogen projects. Following the already announced capacity reservation for 100MW from Shell, this agreement with yet another large-scale industrial customer is a validation of our technology and credibility to deliver.”   Find out more information - https://lnkd.in/exRGGH2p   #hydrogen #greentech #manufacturing #energy

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  • View organization page for ITM Power, graphic

    32,299 followers

    Take a look behind the scenes how our 10MW electrolyser was integrated into Shell’s Rhineland Energy and Chemicals Park in Wesseling, Germany. This video gives insight into how and why this landmark project was developed and the roles of the consortium members Shell, SINTEF, Sphera, ERM and us.

  • View organization page for ITM Power, graphic

    32,299 followers

    The Clean Refinery Hydrogen for Europe (REFHYNE) project has successfully concluded with a final event in Wesseling, Germany, to celebrate and learn from the development and operation of this 10MW PEM electrolyser. This groundbreaking initiative was the largest operational PEM plant in the world for quite some time, and demonstrated the viability and potential of green hydrogen production in a refinery at an industrial scale. The event was a great opportunity to show prospective customers our electrolysers operating in an active refinery setting.    The achievements of the project, which saw much of the work take place during the global pandemic, highlight the dedication of all partners involved (Shell, SINTEF, Sphera and ERM), and ITM’s ability to deliver electrolyser projects even during the most testing of circumstances. Furthermore, the data gathered from REFHYNE proves ITM’s market-leading stack performance and operational flexibility.   REFHYNE has been a true lighthouse project that has made a substantial contribution to the industry and has already led to significant improvements in both the construction and operation of new electrolysers, paving the way for other such projects in the sector. The electrolysers will continue to provide Shell’s refinery with green hydrogen long into the future.   The demonstration project has been supported with €10 million from the Clean Hydrogen Partnership (formerly Fuel Cells and Hydrogen 2 Joint Undertaking, FCH JU) a public-private partnership supporting fuel cell and hydrogen energy technologies in Europe.   #hydrogen #greentech #refinery #energy

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  • ITM Power reposted this

    View profile for Dennis Schulz, graphic

    CEO of ITM Power

    It was a pleasure today to join the CxO Round Table: Ready for Impact at ACHEMA 2024, alongside His Excellency Khalil Ibn Salamah, Vice Minister of Industry and Mineral Resources of Saudi Arabia, Jürgen Nowicki, CEO of Linde Engineering, and Vidya Ramnath, Senior Vice President and Chief Marketing Officer at Emerson. Our lively discussion was focused on what it takes to make the global energy transition a reality. Here some selected personal thoughts I contributed on stage: - The energy transition requires conviction. Not every investment will be risk-free, and not every business case will immediately live up to traditional investment criteria. - We need a stepwise approach to implementation, so that we can learn from real-world deployments to prove technological solutions. This will benefit all parties involved by increasing stakeholder confidence and enhancing the bankability of future projects. - Looking at green hydrogen and electrolysers in particular, we have to overcome the hen-egg-problem of heavy investments being needed for establishing high quality, highly automated manufacturing lines and production capacities - ahead of sufficient commercial demand. Without credible delivery capabilities, OEMs won't be qualified as suppliers into projects of industrial players though. At the same time, manufacturers need to manage their cash carefully, as a strong balance sheet is another important qualification criterion in the eyes of customers, especially for large-scale projects. - The technology is ready today, but in order to get to a well functioning hydrogen economy, government and industry need to orchestrate the synchronised build-up of its three dimensions, being a) the production of clean hydrogen, b) transport and storage infrastructure, and c) use cases. The hydrogen economy will only be as strong as its weakest link. Today, the main roadblock in my view is the connection of (potential) producers with offtakers - this is where many final investment decisions (FIDs) are stuck right now, especially of small to mid-size projects. A pipeline network, even the certainty of one coming, would unlock various FIDs today. - Despite high energy cost and inflation, we need FIDs now to enable the further scaling of production capacities. Governments are well advised to speed up permit and funding decisions, and to find the right balance in their carrot and stick approach, with the carrot being CAPEX or OPEX funding, and the stick being increasing carbon taxation. Pro-active investments into (cross-border) pipeline networks are essential, and some countries like Germany and the Netherlands are leading the way here. ITM Power #energy #hydrogen #energytransition #cleantech #saudiarabia #middleeast #europe #eu #uk

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  • View organization page for ITM Power, graphic

    32,299 followers

    Following the inauguration of Yara International renewable hydrogen plant yesterday, the largest of its kind currently in operation in Europe, our Tech Talks on our shared stand with Linde Engineering are causing some excitement at ACHEMA 2024. Visit us in Hall 9.0 Stand D4 to take a look at a real TRIDENT electrolyser stack, learn more about NEPTUNE V - our new 5MW plug & play electrolyser, and talk to our teams about how Linde & ITM can help you decarbonise. #hydrogen #greentech #energy

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  • ITM Power reposted this

    View organization page for Yara International, graphic

    678,732 followers

    🎊Yara's renewable hydrogen plant at Herøya, Norway is officially open!🎊 Today we celebrate a major milestone in our decarbonization journey as we're now producing renewable hydrogen and ammonia. We're also thrilled to share we've already delivered the first tonnes of fertilizers made from renewable ammonia produced at the plant to Lantmännen! 🎉 Yara's renewable hydrogen plant is the largest of its kind currently in operation in Europe, and here, hydrogen is produced with electrolysis of water and renewable energy, replacing natural gas as feedstock and annually cutting 41,000 tonnes of CO2 emissions from the site. ♻️ We’re also working to enable the hydrogen economy by producing low-carbon ammonia with carbon capture & storage (CCS). Essential to reach the Paris Agreement, low-carbon ammonia and CCS is a critical step to decarbonize rapidly and profitably. While Yara is uniquely positioned to deliver decarbonized solutions quickly and at scale, the green transition will require investments, predictable framework conditions, funding, affordable renewable energy, and a market where demand and supply are developed simultaneously. 🤝 We're honored to have partners and customers who share our vision, as this transformation requires efforts across the full value chain. Furthermore, this milestone wouldn’t have been possible without our greatest strength - our people. A huge thank you to all who are helping us bring our mission to life! 👏 Together, we can grow a nature-positive food future! 💚 Learn more 👉 https://lnkd.in/dASBQrRD

  • View organization page for ITM Power, graphic

    32,299 followers

    Today, the Norwegian Prime Minister, Mr Jonas Gahr Støre, inaugurated Yara International’s renewable hydrogen plant at Herøya Industrial Park, the largest of its kind currently in operation in Europe.   Utilising ITM’s state-of-the-art TRIDENT stack platform, the 24MW plant will provide enough green hydrogen to produce 20,500 tonnes of ammonia per year which can be converted to between 60,000 and 80,000 tonnes of green fertiliser.   Dennis Schulz, CEO of ITM, said: “It was an honour to attend the inauguration of the plant by the Prime Minister of Norway. Ammonia has long been used as a fertiliser but is typically produced from fossil fuels. Green ammonia offers significant potential, among other things, to decarbonise the agricultural sector. We are proud of our collaboration with Linde Engineering to deliver this groundbreaking project for Yara.”   #hydrogen #greentech #energy #electrolysis

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Funding

ITM Power 5 total rounds

Last Round

Grant

US$ 11.6M

See more info on crunchbase