ITM’s Hydropulse to cut out ‘unnecessary intermediaries’ in hydrogen supply

ITM’s Hydropulse to cut out ‘unnecessary intermediaries’ in hydrogen supply



ITM’s Hydropulse to cut out ‘unnecessary intermediaries’ in hydrogen supply

ITM Power’s new plant-building subsidiary aims to produce hydrogen at a cost others “can only dream of,” the company’s CEO has said.

Dennis Schulz told analysts that Hydropulse will avoid “unnecessary intermediaries” to provide industrial users with low-cost green hydrogen.

The business was launched in June to build decentralised small-scale green hydrogen plants to supply industrial customers under long-term offtake agreements.

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