Sunday, May 31, 2020

ITM Power appoints MD to lead new division

ITM Power has appointed a Managing Director to lead its new wholly-owned subsidiary for the management of its refuelling assets.

According to ITM Power, the listed Sheffield-based energy storage and clean fuel company, ITM Motive will be focussed building, ownership and operating portfolio of hydrogen refuelling stations.

Duncan Yellen has been appointed to lead the division and brings with him three decades worth of experience in the energy and environmental sector.

Duncan Yellen

He was most recently M&A and Business/Project Development Manager at Storengy, a wholly owned subsidiary of Engie, where he was responsible for identifying new business streams and successfully developed its business strategy in green gases, CNG and geothermal.

From 2012 to 2018  he was Head of Consulting for EA Technology, managing a team of 40 consultants.  Duncan’s early career was with National Power in the UK and with British Gas in various technology and business development roles.

On establishment, ITM Motive will own and operate a network of eight publicly accessible hydrogen refuelling stations, which will expand to 11 by the end of 2020.

ITM Motive’s sites in the UK continue to be operational as part of the essential services provided during the current lockdown, refuelling vehicles for the Metropolitan Police and Green Tomato cars (which is providing transport for NHS staff) among others.

“This is an exciting role with a company in the vanguard of the hydrogen revolution,” said Mr Yellen.

The UK has the opportunity to become one of the world leaders in the transition to zero carbon energy and fuel.  Transport needs to decarbonise and I look forward to helping cement ITM Power’s position at the forefront of this change.”

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