Launch of new UK H2Mobility website

RNS Number : 1972N

ITM Power PLC

04 September 2013

4 September 2013

ITM Power plc

("ITM Power" or the "Company")

Launch of new UK H₂Mobility website

ITM Power Plc (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that the UK H₂Mobility Partnership has made the following announcement today on completion of its new website to showcase hydrogen infrastructure and fuel cell electric vehicles in the UK.

The following announcement was released today by UKH₂Mobility:

UK H₂MOBILITY LAUNCHES NEW WEBSITE TO PROMOTE THE POTENTIAL OF HYDROGEN FUEL

The work of the UK H₂Mobility project to secure the opportunities and benefits of hydrogen fuelled transport is showcased in a new, dedicated website. Designed as a credible and accessible source of information and news about UK H₂Mobility, the website http://www.ukh2mobility.co.uk is the latest step in the consortium's work to identify how the UK can take best environmental and commercial advantage of hydrogen as a low carbon fuel for road transport.

The consortium has brought together UK industry leaders and Government departments to assess the benefits of hydrogen as a fuel for road transport and has produced a roadmap detailing the steps to be taken for these to be realised. Its initial research has already identified the potential for 1.6 million hydrogen powered vehicles to be on Britain's roads by 2030.

The UK H₂Mobility project covers a wide spectrum of issues, from fuel production, supply and distribution, to the development of a practical national fuel infrastructure and the introduction of fuel cell electric vehicles (FCEVs) to the market. It has also explored public attitudes to hydrogen fuel, its potential to reduce environmental impact and the level of investment that will be required to make it a viable alternative to fossil fuels. With the benefit of the data and insights gained, the consortium is now developing a co-ordinated business plan in the second phase of the project.

The website provides an overview of all aspects of the project, setting out its aims and the key learnings from its initial phase of work. It gives explanations of hydrogen fuel and hydrogen refuelling stations, together with the principles of FCEVs and the contribution they can make to future low carbon transport. Profiles of the individual businesses and Government departments working together as part of UK H₂Mobility are provided along with an FAQ section that answers the most commonly asked questions about hydrogen fuel and the consortium's work.

Welcoming the new website, Chris O'Keefe, Chair of UK H₂Mobility Communications Committee said: "We believe it's important that the work UK H₂Mobility is doing is kept in the public eye. The more we can do to explain the advantages and possibilities that hydrogen fuel can deliver, the more we can build public interest and confidence in the technology.

"As manufacturers prepare to bring the first FCEVs to market in the next few years, we are keen to help the UK take a leadership role in securing the environmental, societal and business rewards which hydrogen fuel can deliver."

ENDS

Notes to Editors:

The UK H₂Mobility project was established to evaluate the benefits of FCEVs to the UK and to develop a roadmap for introduction of vehicles and hydrogen refuelling infrastructure. The consortium is now developing a co-ordinated business plan in the second phase of the project. There are currently twelve industry participants (see above) in UK H₂Mobility together with three UK Government Departments - The Department for Business, Innovation and Skills, The Department for Transport and the Department for Energy and Climate Change in addition to the European Fuel Cells & Hydrogen Joint Undertaking.

Media contacts:

Chris O'Keefe	020 7290 8516	chris.okeefe@toyota-europe.com
Rebecca Markillie	0114 244 5111	rlm@itm-power.com

About ITM Power

ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO. Further funding rounds of £28.5m in 2006, £5.4m in 2012 have been completed, together with a £2m Placing announced in August 2013. The Company has now made the transition from a research and development company to a product manufacturer and technology provider. The Company has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions. The Company has been successful in developing strategic industry partnerships in the following projects:

· EU grant award for energy storage in the built environment

http://www.itm-power.com/news-item/eu-grant-award-for-energy-storage-in-the-built-environment/

· Participation in the Mediterranean Power-to-Gas platform

http://www.itm-power.com/news-item/participation-in-the-mediterranean-power-to-gas-platform/

· Contract for Operation of Hydrogen Facility

http://www.itm-power.com/news-item/contract-for-operation-of-hydrogen-facility/

· Participation in Swiss H2Mobility

http://www.itm-power.com/news-item/participation-in-swiss-h2mobility/

· Hydrogen Cost Structure Update

http://www.itm-power.com/news-item/hydrogen-cost-structure-update/

· Participation in French Hydrogen Infrastructure Programme

http://www.itm-power.com/news-item/participation-in-french-hydrogen-infrastructure-programme/