Ineos risks ETS allowance loss after hydrogen switch at UK plant

  • Gas
  • July 1, 2025

A UK chemicals facility that cut emissions by 75% by switching from natural gas to low-carbon hydrogen could miss out on millions in emissions trading scheme (ETS) allowances for two years due to a potential reclassification of the site.

Ineos Acetyls said its Saltend site in Hull, acquired from BP in 2021, had cut 75% of its emissions due to its switch to blue hydrogen.

The company said the move should have secured it millions in ETS allowances.

However, the chemicals maker claims that the UK Environment Agency (EA) is mulling a reclassification of the site as a “new installation,” which would mean the site would not be eligible for ETS funds until 2028.

… to continue reading you must be subscribed

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

   

  • Related Posts

    • Gas
    • May 8, 2026
    CF Industries warns LNG shortages could extend ammonia crunch into 2027

    By 32 min ago 4 min read Global fertiliser producer CF Industries has warned that widespread ammonia plant shutdowns, liquefied natural gas (LNG) shortages and geopolitical disruptions could keep global…

    • Gas
    • May 8, 2026
    German state could build 800MW hydrogen-ready gas plant

    By 58 min ago 3 min read The German state of Bavaria could build a new 800MW hydrogen-ready combined cycle gas turbine (CCGT) power plant. A letter of intent between…

    Have You Seen?

    US, Iran No Closer to Ending War as Gulf Clashes Flare 

    • May 10, 2026
    US, Iran No Closer to Ending War as Gulf Clashes Flare 

    Offshore oil dispute drives Venezuela-Guyana case at International Court

    • May 10, 2026
    Offshore oil dispute drives Venezuela-Guyana case at International Court

    Wood Mackenzie Says Rising Power Demand In Data Centres Will Push Emissions Higher But Accelerate Direct Decarbonisation Efforts

    • May 9, 2026
    Wood Mackenzie Says Rising Power Demand In Data Centres Will Push Emissions Higher But Accelerate Direct Decarbonisation Efforts

    Following Its Microinverter Breakthrough, Hoymiles Showcases Advanced Utility & Energy Storage Portfolio at StorageNext 2026 in New Delhi

    • May 9, 2026
    Following Its Microinverter Breakthrough, Hoymiles Showcases Advanced Utility & Energy Storage Portfolio at StorageNext 2026 in New Delhi

    Gautam Solar Reports ₹4406 Cr Revenue in FY26, Achieves Over 4X Growth

    • May 9, 2026
    Gautam Solar Reports ₹4406 Cr Revenue in FY26, Achieves Over 4X Growth

    South Bow Working to Secure Required Permitting for Canada-US Oil Pipeline Proposal

    • May 8, 2026
    South Bow Working to Secure Required Permitting for Canada-US Oil Pipeline Proposal

    US Drillers Add Oil and Gas Rigs for Third Week in a Row, Says Baker Hughes

    • May 8, 2026
    US Drillers Add Oil and Gas Rigs for Third Week in a Row, Says Baker Hughes

    Enbridge Sees Best North American Energy Investment Climate in Over a Decade

    • May 8, 2026
    Enbridge Sees Best North American Energy Investment Climate in Over a Decade

    Oil Jumps After Renewed US-Iran Fighting, Then Pares Gains

    • May 8, 2026
    Oil Jumps After Renewed US-Iran Fighting, Then Pares Gains

    Freeport LNG Plant in Texas Expected to Reduce Output for Maintenance in Coming Days, Sources Say

    • May 8, 2026
    Freeport LNG Plant in Texas Expected to Reduce Output for Maintenance in Coming Days, Sources Say