Sheffield’s ITM Power signs hydrogen supply deal with Commercial Group
ITM Power, the Sheffield-based energy storage and clean fuel firm, has signed a fuel contract to supply hydrogen at £10/kg with Commercial Group, a specalist in hydrogen fuelled fleet logistics.
The contract covers fuel dispensed across ITM Power’s hydrogen refuelling network, including the station recently opened in London. The refuelling network has been financially supported by projects run by Innovate UK, OLEV and FCH JU.
ITM Power currently has £16.19m of projects under contract and a further £1.79m of contracts in the final stages of negotiation, making a total of £17.98m.
Commercial has been operating a fleet of hydrogen hybrid delivery vans since 2013 across London and the South East, along the M4 corridor and out into the South West.
With ITM Power expanding the UK hydrogen refuelling network, Commercial will be able to serve more customers across its low-carbon logistics network.
Carbon emissions from Commercial’s hydrogen vans are significantly lower than traditional comparable diesel vehicles and deliver environmental benefits. Commercial’s hydrogen van fleet was deployed via projects with funding support from Innovate UK.
Simone Hindmarch-Bye, commercial’s co-founder and sales director, said: “We are delighted that we can now extend our low-carbon hydrogen delivery services to more customers nationwide by utilising the expanding network of hydrogen refuelling stations.
“The use of hydrogen continues to demonstrate Commercial’s commitment to reducing the carbon footprint of our operations and exploring new and innovative technologies to reduce the UK’s dependency on fossil fuels. “
Dr Graham Cooley, CEO of ITM Power, added: “We are building a portfolio of fuel customers and following the first contract - to supply Toyota, we are very pleased to be working with Commercial again who are pioneers in the adoption of fleet logistics using hydrogen.
“We look forward to supporting their fleets at our hydrogen refuelling stations.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing