BP Plans Green Hydrogen Base in U.K. as Transition Speeds Up

BP Plc plans to build a green hydrogen facility in northeast England that could start producing the gas by 2025, part of a massive project to help the oil major transition toward cleaner sources of energy.

The HyGreen Teesside proposal follows one made earlier this year to develop a blue hydrogen facility in the same location. That would produce 1 gigawatt of hydrogen by 2030 and capture 2 million tons of carbon dioxide a year.

BP mapped out a strategy last year to scale back its fossil-fuel business in favor of alternatives as the U.K. targets net-zero greenhouse gas emissions ...