Hydrogen needs to be combined with other elements, such as oxygen to make water as it does not occur naturally as a gas on its own. When hydrogen is separated from another element it can be used for both fuel and electricity.
Hydrogen can be used as a clean burning fuel, which leads to less pollution and a cleaner environment. It can also be used for fuel cells which are similar to batteries and can be used for powering electric motors.
OAK seeks engagement with worthy off-takers via long-term structured Public Private Partnership(s) (PPP), consolidating a typical project finance mechanism augmented alongside our international state-backed EPC alliance partner(s) and delivered under a Build, Own and Operate (BOO) model. Financing via intelligent capital sourcing and investment that is aligned to the lifecycle of the Hydrogen Generating assets underpinning our philosophy of delivering high quality solutions that are important to the regional economies in which we operate.
"Governments need to take rapid actions to lower the barriers that are holding low-carbon hydrogen back from faster growth, which will be important if the world is to have a chance of reaching net zero emissions by 2050.“