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Energy

Mitsubishi Heavy taps U.S. partner for $2bn hydrogen project

Project with Bakken Energy in North Dakota to sequester 6m tons of CO2 a year

Mitsubishi Heavy Industries and Bakken Energy will team on a new plant that will extract hydrogen from natural gas, which North Dakota produces along with shale oil.   © Reuters

HOUSTON -- Japan's Mitsubishi Heavy Industries is working with U.S.-based Bakken Energy on what is set to be one of North America's largest clean hydrogen projects, aiming to produce more than 300,000 tons of the fuel per year.

An existing chemical plant in North Dakota will be repurposed to extract hydrogen from natural gas. It will capture and store carbon dioxide emitted in the process, with plans to sequester 6 million tons per year, equivalent to annual emissions from 2.6 million passenger vehicles.

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