Melrose Results Presentation Deck
Sustainability: hydrogen (H2) investments
Melrose
GKN Aerospace H2 propulsion
Cornerstone contributor to two flagship projects aiming to
eliminate carbon emissions from flights
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Improve
Sell
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H2GEAR - £54 million project
with UK government funding
Hydrogen Electric Ground based
demonstration of 1MW by end
2025
H2JET - £2m project over 2
years with Swedish National
funding
Target to explore hydrogen
combustion ready for major EU
funded customer programme
GKN Hydrogen storage
Proprietary GKN technology for storing H2 safely in specialist
metal hydride powders
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GREEN
SAFE
COMPACT
Opportunity with direct industrial
H2 use plus back-up storage of
green electricity
Advantages over pressurised H2
storage and batteries
Initial interest from regulators
and potential customers in US,
Europe and Australia
Initial units in field;
industrialisation planned in
2022+
Plus investment in UK hydrogen production start-up HiiROC to develop plasma technology
to convert methane into H2 and solid carbon black for industrial use
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