UK shortlists 20 projects for revenue support
The government has also allocated grants worth £37.9mn to 15 projects through the Net Zero Hydrogen Fund to cover development and capital costs
The UK government has announced its shortlist of 20 green hydrogen projects for the first round of revenue support from the Hydrogen Business Model scheme. The 20 projects total 408MW in capacity—although only 250MW will be awarded funding. The government plans to award contracts for Q4 this year, with first production from projects expected by 2025. The majority of shortlisted projects will be located in Yorkshire or the northwest of England, with five in Scotland and three in Wales. The government has also announced a list of 15 projects that will receive a combined £37.9mn from the Net Zero Hydrogen Fund. The fund, which is worth up to £240mn, covers development costs as well as capex for
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome