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Raising our profile in CCS and hydrogen in the UK

ExxonMobil has newly joined two industry associations with a view to reinforcing the Company’s Low Carbon Solutions business. Both memberships signal ExxonMobil’s intent to be a key player in carbon capture and storage (CCS) and hydrogen in the UK, and will provide opportunities for advocacy around policy and regulatory matters.

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The Carbon Capture & Storage Association (CCSA) is a trade association promoting the commercial deployment of Carbon Capture, Utilisation and Storage (CCUS), to deliver net zero emissions across industry, heat, power and transport. It represents the interests of those seeking to develop CCUS projects and works with governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals across regions and nations. ExxonMobil joins a membership drawn from a wide range of sectors including industry, equipment manufacturing, oil and gas, distribution, academia and regional bodies – as well as associated supply chain and service sectors.

The Company has also become a member of Hydrogen UK - a trade association committed to the development and deployment of hydrogen solutions. The body represents companies across the entire hydrogen value chain, which work together to accelerate the deployment of hydrogen in the UK, and also acts as the voice of industry on hydrogen matters. Hydrogen has the potential to help provide access to reliable, lower-emissions energy in a range of potential applications.

Michael Foley, hydrogen business development executive for our Low Carbon Solutions business said: “We are progressing our ambitious plans to deliver hydrogen and CCS projects in the UK, including at our manufacturing sites in Fife and Fawley. These opportunities leverage the Company’s competitive advantages and our local assets in support of the UK’s net-zero ambitions. Our membership of these associations will help us to engage with policymakers, educate them about our projects and collaborate on policy and regulatory frameworks that enable their delivery.”

Michael expects ExxonMobil to be an active participant in both associations, providing experts for key committees, building new relationships and taking a leadership role on industry matters. He concludes by saying: “We are looking forward to exploring UK opportunities in Hydrogen and Carbon Capture in support of the energy transition.”