6 days ago
Essar Advances £4.3 Billion Stanlow Low-Carbon Transformation Plan
Essar wants to change the Stanlow refinery in the United Kingdom so it produces fuel with much less pollution.
The company plans to spend £4.3 billion on this change.
Its projects include making low-carbon hydrogen, capturing carbon dioxide and using more electricity and cleaner heat.
Essar says the refinery could cut emissions by up to 95% by the 2030s.
A hydrogen plant could cost about £1.5 billion and have a capacity of 350MW.
Essar is also working on a project to make sustainable airplane fuel.
Stanlow is important because it supplies a large share of the United Kingdom’s transport and jet fuel.
The company says government policies and support will affect whether the full plan moves forward.
Essar is advancing a £4.3 billion programme to transform Stanlow into what it calls the world’s first low-carbon process refinery.
The plan includes a 350MW low-carbon hydrogen plant costing about £1.5 billion, alongside carbon capture, electrification, low-carbon heat and efficiency upgrades.
Essar is developing a Methanol-to-Jet project targeting about 200,000 tonnes of sustainable aviation fuel annually in the early 2030s.
The company says Stanlow supplies around 20% of UK transport fuels and 12.5% of the country’s jet fuel demand.
Essar has reduced Stanlow’s emissions by 22% since 2011 and identifies policy uncertainty, carbon storage and overseas competition as investment risks.
- Who
- Essar, with comments attributed to Maheshwari, is leading the programme.
- What
- A £4.3 billion plan is being developed to decarbonize and modernize the Stanlow refinery, including hydrogen, carbon capture and sustainable aviation fuel projects.
- Where
- The programme is centered on the Stanlow refinery in the United Kingdom and forms part of the HyNet North West cluster.
- When
- The article does not specify a date for the final investment decision; the sustainable aviation fuel target is for the early 2030s.
- Why
- Essar aims to reduce Stanlow’s emissions by up to 95% by the 2030s while supporting domestic refining capacity and UK energy security.
Key facts
- Total programme
- £4.3 billion
- Hydrogen project
- A 350MW low-carbon hydrogen plant requiring about £1.5 billion of investment
- Emissions target
- Up to 95% reduction by the 2030s
- Current emissions reduction
- 22% reduction at Stanlow since Essar acquired it in 2011
- Refining role
- Capacity equivalent to around 25% of UK refining requirements
- Fuel supply
- Around 20% of UK transport fuels and 12.5% of total UK jet fuel demand
- Sustainable aviation fuel
- Methanol-to-Jet project targeting about 200,000 tonnes annually in the early 2030s
Quotes
Maheshwari
Essar executive discussing the company’s Stanlow decarbonisation programme
“Hydrogen is central to Essar’s energy transition strategy”
businesstoday.in
Sources
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