It\u2019s a key step for Powerhouse Energy, and its technology, which converts non-recyclable waste into low-carbon energy.<\/p>\n
Specific terms are still being finalised, pending agreement between project participants \u2013 DESNZ, Ecotricity, SONI, and NIE Networks.<\/p>\n Powerhouse chief executive Paul Emmitt<\/strong>, said:<\/p>\n This is a first of its kind agreement and we are delighted to have entered into the LoI with BSH for this potential DESNZ backed project<\/p>\n<\/blockquote>\n \u201cOne of the key issues holding back the increased utilisation of hydrogen has been gaining appropriate offtake agreements.This LoI has the potential to deliver that for our Ballymena project.\u201d<\/p>\n The LoI envisages Powerhouse Energy supplying hydrogen at a price lower than that of both Green Hydrogen and the current UK CFD strike price, as this is a \u201cfirst of a kind\u201d (FOAK) development project supported by DESNZ.<\/p>\n Powerhouse will also support BSH\u2019s other Penta (Combined Heat and Power) CHP projects requiring hydrogen within the Mid and East Antrim Council region.<\/p>\n Also, BSH will assist Powerhouse in securing further commercial clients and provide priority access to future projects in Northern Ireland and the wider UK.<\/p>\n BSH chief executive Brian Hood<\/strong>, added: <\/p>\n Without the fuel, the projects will not float. <\/p>\n<\/blockquote>\n \u201cToo many times we see great ideas and advances falter because of the inadequacy of fuel and fuel at a sensible price.\u201d<\/p>\n READ<\/strong> the latest news shaping the hydrogen market at Hydrogen Central<\/a><\/p>\n![\"hydrogen](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/1-1.png\")
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