Friday 4 June 2021

BAKKEN ENERGY-MITSUBISHI POWER PARTNERSHIP FOR NORTH DAKOTA CLEAN HYDROGEN HUB

KUALA LUMPUR, June 3 (Bernama) -- Bakken Energy LLC, formerly Bakken Midstream Natural Gas LLC, (Bakken Energy) and Mitsubishi Power Americas Inc (Mitsubishi Power) have signed a strategic partnership agreement to create a world-class clean hydrogen hub in North Dakota.

This hub will be composed of facilities that produce, store, transport and consume clean hydrogen, which will be connected by pipeline to other clean hydrogen hubs being developed throughout North America.

“We believe that clean hydrogen derived from natural gas, with the carbon captured and with its cost advantages, is the best way to accelerate the adoption of hydrogen,” said Bakken Energy Chief Executive Officer, Mike Hopkins.

“Bakken Energy intends to be the largest and lowest cost producer of clean hydrogen in the United States.”

According to a statement, the Bakken Energy partnership to create a clean hydrogen hub joins Mitsubishi Power’s portfolio of innovative partnerships and cross-sector teams accelerating hydrogen technology realisation.

Mitsubishi Power has been developing a hydrogen hub with Magnum Development in Utah to support the western US, and in May signed an agreement to develop hydrogen storage solutions with Texas Brine across the eastern US.

Bakken Energy, supported by Mitsubishi Power, is currently working with Basin Electric Power Cooperative and its subsidiary Dakota Gasification Company on the potential acquisition and redevelopment of the Great Plains Synfuels Plant located near Beulah, North Dakota.

The redevelopment would make the facility the largest producer of clean hydrogen in North America. The project is in due diligence, and specific details are confidential until that phase is complete.

-- BERNAMA

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