Meld Energy

What Meld Energy does

Meld Energy Ltd. is a UK-based developer of green hydrogen production facilities, founded in 2020 by Chris Smith (former GE executive) and Huw Thomas (formerly of Foster + Partners). The company's core technology is electrolysis of water using renewable electricity (sourced via Power Purchase Agreements with wind and solar generators) to produce hydrogen with zero CO2 emissions, differentiated from fossil-derived grey hydrogen and fossil-with-CCS blue hydrogen. Its flagship project is the Saltend Green Hydrogen Hub — a planned 100MW electrolytic facility at Saltend Chemicals Park in Hull, with outline planning approval secured in June 2024 for an estimated £250 million investment and a designed capacity of 13,400 tonnes of hydrogen per year, with a stated potential expansion to over 200MW. The facility is positioned to supply green hydrogen to industrial off-takers at the park (including BP Petrochemicals, Yara, Mitsubishi Chemicals UK, Ineos, Vivergo Fuels, and Air Products), displacing natural gas feedstock and process heat, and supporting the production of hydrogen-derived clean fuels (e-methanol, green ammonia, sustainable aviation fuel) for marine, aviation, and road transport end-markets.

Meld generates revenue through the sale of green hydrogen and hydrogen-derived fuels to industrial and transport customers under multi-year off-take arrangements, alongside direct engagement with central and local government, renewable generators, and the investment community for project development and grant funding (notably via the UK Net Zero Hydrogen Fund and Hydrogen Allocation Rounds). The go-to-market is enterprise field sales targeting large industrial facilities and clusters, supplemented by strategic partnerships with Schroders Greencoat (which acquired a majority stake in December 2025) and World Kinect Corporation (which holds a minority stake since 2022 and provides global distribution reach via 1,400 seaports and 3,400 airports). The company operates with a lean 1–10 person core team, including a CFO, General Counsel, and Technical Director with deep clean-energy infrastructure experience. As of the latest available data, Meld remains pre-revenue and pre-construction, with its lead project's grant funding pathway disrupted by the April 2025 Hydrogen Allocation Round 2 non-selection outcome.

Name

Meld Energy

Legal name

Meld Energy Ltd.

Website

https://meld.energy

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Meld Energy Ltd. is a UK green hydrogen developer founded in 2020 that builds large-scale electrolytic hydrogen facilities, anchored by the planned 100MW Saltend Green Hydrogen Hub in Hull, supplying industrial off-takers with low-carbon hydrogen and hydrogen-derived clean fuels for transport sectors.

Ownership category

akta.pro rank

Product category

Green Hydrogen Production

NAICS

Industrial Gas Manufacturing (32512)

akta.pro primary industry

Hydrogen (Industrial & Mobility) (IMAEACAB)

akta.pro secondary industry

Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC)

Keywords

• Green hydrogen production
• Renewable energy infrastructure
• Industrial decarbonization solutions
• Clean fuel development
• Electrolytic hydrogen facilities

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain

Revenue model

1. Green Hydrogen Sales: Sale of green hydrogen produced via electrolysis to industrial customers at Saltend Chemicals Park and surrounding region. Hydrogen supplied to replace natural gas currently used on site.
2. Clean Fuels Production: Production and sale of hydrogen-derived clean fuels including e-methanol, green ammonia, and sustainable aviation fuel (SAF) for marine, aviation, and road transport sectors.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Meld Energy develops and operates large-scale electrolytic green hydrogen production facilities powered by renewable electricity. Its flagship Saltend Green Hydrogen Hub is a 100MW facility at Saltend Chemicals Park, Hull, producing 13,400 tonnes of hydrogen annually for industrial decarbonisation. The company also develops clean hydrogen-derived fuels (e-methanol, green ammonia, sustainable aviation fuel) for road transport, shipping, and aviation.

Product overview

Meld Energy is a developer of green hydrogen production facilities using electrolysis powered by renewable energy. The core offering is the Saltend Green Hydrogen Hub at Saltend Chemicals Park, Hull — a 100MW electrolytic facility that produces green hydrogen for industrial use. The company also produces clean hydrogen-derived fuels including e-methanol, green ammonia, and sustainable aviation fuel (SAF). The product portfolio includes the flagship Saltend project alongside a pipeline of additional hydrogen projects in the UK's heavy industrial areas. Meld Energy delivers end-to-end hydrogen solutions from development through construction and operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Saltend Green Hydrogen Hub A 100MW electrolytic green hydrogen production facility at Saltend Chemicals Park, Hull, designed to produce 13,400 tonnes of hydrogen per year, reduce carbon emissions by over 120,000 tonnes annually, and meet up to 30% of the park's hydrogen demand. Potential to expand to 200MW+ in a second development stage. Targeted at large industrial occupiers of the park including BP Petrochemicals, Vivergo Fuels, Yara, Mitsubishi Chemicals UK, Ineos, and Air Products.
• Green Hydrogen (Bulk Industrial Supply)
• Clean Hydrogen-Derived Fuels (e-methanol, Green Ammonia, SAF) Hydrogen-derived clean fuels including e-methanol, green ammonia, and sustainable aviation fuel (SAF) produced from green hydrogen feedstock. Targeted at decarbonising marine (shipping, ports), aviation, and road transport sectors. Distribution enabled through World Kinect's global network at 1,400 seaports and 3,400 airports.

Quantifiable outcome

• 125,000 tonnes annual CO2 reduction
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered supporting and core.

• Carlton Power (Green Hydrogen Energy Company - GHECO)supportingStrategic or Co-development Partner · 1 January 2024Carlton Power is Meld Energy's partner in Green Hydrogen Energy Company (GHECO), a joint venture. Three projects totalling 55 MW backed through this joint venture were successful in UK Government's Hydrogen Allocation Round 1 (HAR1).
• px GroupcoreStrategic or Co-development Partner · 1 January 2023px Group owns and operates Saltend Chemicals Park where Meld Energy is developing its flagship green hydrogen facility. px Group is an award-winning infrastructure solutions business managing high hazard and highly regulated environments. Geoff Holmes, CEO of px Group, has voiced strong support for Meld's project, stating it proves Saltend is the 'go-to location for industrial decarbonisation'.

Scale indicators7 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Air Products: World's largest hydrogen producer and an identified Saltend offtaker; operates broadly across industrial gas and large-scale green/blue hydrogen projects globally, overlapping with Meld's customer base and value chain.
• Linde plc: Global industrial gases major with significant hydrogen production, distribution and clean hydrogen project pipeline; competes for the same industrial hydrogen offtake as Meld across UK and European industrial clusters.
• bp: Global energy major with hydrogen, e-fuels and offshore wind ambitions and a Saltend Chemicals Park offtaker; comparable in low-carbon hydrogen project development and integrated downstream fuel distribution.
• Equinor: Norwegian integrated energy major with UK hydrogen ambitions (e.g., H2H Saltend adjacent) and broad clean-fuel portfolio; overlaps with Meld in low-carbon hydrogen production for UK heavy industry.
• Shell: Global integrated energy company with hydrogen, e-fuels (SAF, e-methanol) and renewable power platforms; competes for industrial and transport hydrogen offtake and shares Meld's heavy-industry decarbonisation customer base.

Emerging players

• Johnson Matthey: UK-based sustainable technologies company with hydrogen electrolyser technology (HyGO) and hydrogen project development activities; comparable in hydrogen technology stack and UK industrial offtake focus.
• Ceres Power: UK clean energy technology company with hydrogen stack and solid oxide electrolyser cell partnerships; adjacent in the UK hydrogen value chain with overlapping industrial decarbonisation customers.

Direct peers

• ITM Power: UK-listed electrolyser manufacturer and green hydrogen project developer; directly comparable business model of building large-scale electrolytic hydrogen facilities for industrial and mobility customers in the UK.
• Carlton Power: UK green and blue hydrogen project developer and Meld's JV partner in GHECO; both are pursuing HAR-funded hydrogen projects in the UK with comparable offtake and regulatory strategies.
• HyNet North West: North West England hydrogen production and distribution cluster developing blue and green hydrogen for industrial decarbonisation; analogous UK regional industrial-cluster hydrogen model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/meld-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meld Energy