ITM Power plc
("ITM Power" or "the Company")
Tarmac Joins ITM Power’s Hydrogen On Site Trials
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that Tarmac Group ("Tarmac") has signed an agreement to participate in the Hydrogen On Site Trials (HOST) of ITM Power’s transportable high pressure refueling unit (HFuel). The HFuel unit was built with support from the Technology Strategy Board (TSB) and was launched at the Company’s AGM on 15th September 2010.
Tarmac is the UK's largest quarrying company and a leading supplier of construction materials. It is market leader for aggregates, concrete, asphalt and ready-mixed concrete. Its National Contracting division is also the largest road maintenance and highways services company in the UK.
Commenting for ITM Power, CEO Graham Cooley said: "We are obviously delighted that Tarmac, the UK's largest quarrying company and a leading supplier of building materials to the construction industry, has joined our HOST programme. Their assessment of our energy storage: clean fuel technology, using renewable energy, for decarbonising return to base logistics fleet vehicles, will provide ITM Power with useful data from another vital sector in the global economy."
Dr Martyn Kenny, Head of Sustainability at Tarmac said: "There is an urgent need for the construction industry to reduce the carbon footprint of its vehicles and Tarmac recognises the importance of testing the viability of emerging alternative fuels. These important trials will help us assess the feasibility of decarbonising vehicle fleets using hydrogen derived from renewable energy."
HOST will begin in 2011, and comprises the operation and refueling of two Revolve Technologies hydrogen Ford Transit vehicles, with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area. Tarmac joins DHL Supply Chain, London Stansted Airport, The Forestry Commission, Scottish Water, SSE (Scottish & Southern Energy), Vestas Wind Systems AS, Center Parcs and local authorities Sheffield City Council,the London Borough of Camden and Southampton City Council who have recently joined the programme.
HOST provides each partner with a one week free trial of HFuel and the Revolve HICE transit vehicles, and an option to lease both HFuel and vehicles for additional week(s). The
demonstrations are 100% managed and operated by ITM personnel in liaison with site owners’ operations and management.
As part of the HOST programme ITM Power is actively seeking both technical partners interested in storing renewable energy, and commercial partners seeking to trial zero carbon fleets.
For further information please visit www.itm-power.com or contact:
ITM Power plc
Graham Cooley, CEO
0114 244 5111
Panmure Gordon & Co
020 7459 3600
Simon Hudson / Andrew Dunn / James Midmer
020 7920 3150