Deals Counterparts

Joint bid to develop a regional hydrogen transport and storage network in the Humber

Development Hydrogen announced United Kingdom Feb 24, 2026
GBP500M
Deal Value
development
Stage
Humber Hydrogen
Project

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber, known as Humber Hydrogen. The funding decision, expected to be worth around £500 million (around €585 million), would establish the infrastructure that will underpin large-scale hydrogen deployment in the UK.

Deal Analysis

National Gas, Centrica, Equinor, and SSE Thermal have launched a joint bid to develop the Humber Hydrogen network, Great Britain's first regional hydrogen transport and storage infrastructure. The project, with an anticipated funding decision of approximately £500 million, aims to establish the foundational infrastructure required for large-scale hydrogen deployment in the UK. This collaborative effort seeks to create a regional clean hydrogen hub, potentially leveraging initiatives like the U.S. Department of Energy's (DOE) Regional Clean Hydrogen Hubs (H2Hubs) to accelerate the domestic market for clean hydrogen. The involvement of major energy players like Equinor, National Gas, Centrica, and SSE Thermal underscores the strategic importance of this project. Equinor's expertise in oil, gas, wind, and solar power, coupled with SSE Thermal's focus on flexible power generation and energy storage, brings diverse capabilities to the development. The successful establishment of the Humber Hydrogen network could serve as a model for other regional hydrogen hubs, contributing significantly to the UK's transition to a low-carbon economy.
  • Joint bid by National Gas, Centrica, Equinor, and SSE Thermal.
  • Aims to develop Great Britain’s first regional hydrogen transport and storage network.
  • Anticipated funding decision of approximately £500 million.
  • Involves major energy players with diverse expertise.
Market Context: The hydrogen sector is gaining momentum globally as a key component of decarbonization strategies. Governments and private companies are investing heavily in hydrogen production, transportation, and storage infrastructure to support the transition to cleaner energy sources. The UK is actively pursuing hydrogen as part of its net-zero targets.

Source Intelligence

KEY DETAILS

The network includes the Humber Hydrogen Pipeline and Aldbrough Hydrogen Storage. "The funding decision, expected to be worth around £500 million (around €585 million), would establish the infrastructure that will underpin large-scale hydrogen deployment in the UK."

Deal Size
The funding decision, expected to be worth around £500 million (around €585 million), would establish the infrastructure that will underpin large-scale hydrogen deployment in the UK.
Location
Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and Lincolnshire, including locations such as Aldbrough, Easington, Saltend, Immingham and Keadby, to link hydrogen production with industrial customers and power stations.
Announcement
February 24, 2026, by Nadja Skopljak
PARTIES MENTIONED IN SOURCE
N
National Gas developer

"National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber."

C
Centrica developer

"National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber."

E
Equinor developer

"National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber."

S
SSE Thermal developer

"National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber."

high quality Enriched Feb 27, 2026

Timeline

Announced
Feb 24, 2026
Signed
Closed

Market Context

This deal is part of the Hydrogen sector in United Kingdom.
114
Hydrogen deals
102
deals in United Kingdom
1 of 114 Hydrogen deals tracked this month · Updated daily

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