MorGen Energy’s Welsh hydrogen pioneer

Christine, can you please start us off by giving us an overview of MoreGen Energy and the projects you're working on?

Sure.

So Mojen was founded in 2021, originally as a joint venture, and it's now fully owned by Trafigura, which is the global commodities and trading company.

We are developers of large-scale green hydrogen systems in Europe, and our focus is on driving the energy transition by developing projects that are investable and financeable.

So our projects use renewable or low-carbon electricity to produce green hydrogen, and that is in turn used by our customers or offtakers in hard-to-abate sectors.

So we have a portfolio of projects.

First and foremost, the West Wales Green Hydrogen Project, which is our 20 megawatt electrolyser project in West Wales, in the UK, that was provided with subsidies pursuant to the UK government's hydrogen allocation round one, or HAR1, and that's the project that recently achieved FID and financial close earlier this year.

Further up north in England, we have our Teesside Green Hydrogen Project, which is our 60 megawatt electrolyser project, and that has been shortlisted for subsidy funding as part of HARTU.

And then in Denmark, we have our largest project, the Nordkraft Green Hydrogen Project in Esbjerg in Denmark.

And that will be 300 megawatts in the first phase with the capacity to scale up to one gigawatt.

And that's focused on supplying green hydrogen into German and other European markets.

Well, that's quite something.

That's a fair old pipeline you've got in front of you.

Wonderful.

Okay, well, thank you for that.

So, that's how the land lies for Morgen.