The Gigastack project was to be powered by the Hornsea 2 offshore wind farm. Credit: Arild Lilleboe/shutterstock.com.

Danish energy giant Ørsted and its partner Phillips 66 have agreed to place Gigastack, a project aimed at generating green hydrogen, temporarily on hold, Energy Live News has reported.

The Gigastack project planned to use the renewable energy generated from the Hornsea 2 offshore wind farm to power green hydrogen generation.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

This hydrogen was to be supplied to Phillips 66’s Humber refinery, where the hydrogen would replace the hydrocarbon fuel used for powering the industrial-fired heaters.

The decision to pause the project is based on the need to further develop the project and bring refinement to the supply chain.

The news publication has quoted a spokesperson from the two companies as saying: “We have made a joint decision to withdraw our bid from the funding process and pause the Gigastack project.

See Also:

“We are proud of the huge amount of work we have done to date to accelerate the deployment of green hydrogen, demonstrating both the potential to integrate with offshore wind energy and the use of hydrogen to refuel critical national infrastructure.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Phillips 66 Limited and Ørsted believe that further project maturation together with supply chain development is required to unlock the maximum potential of this world-scale electrolytic hydrogen project. We will continue to work with the governments of the UK, industry and stakeholders to help realise the enormous potential of green hydrogen.”

The Gigastack project is aimed at producing hydrogen through an electrolysis process, which will consume electricity from renewable resources.

Highly efficient electrolysers are required to scale the process, and these need to be manufactured in the UK to reduce costs. Highly efficient electrolysers will translate to reduced energy required to power the system.