Scotland among cheapest green hydrogen regions
High level of renewable power positions country as highly competitive green hydrogen producer over next two decades, project developer LH2 Europe tells Hydrogen Economist’s Financing the Hydrogen Economy event in Milan
Scotland will be one of the cheapest places to produce green hydrogen over the next two decades because of its abundance of renewable power, Peter Wells, chairman and CEO of project developer LH2 Europe, told Hydrogen Economist’s recent Financing the Hydrogen Economy event in Milan. Several available port locations and a skilled local labour force looking to transition away from the oil and gas sector also make Scotland an attractive base for green hydrogen production, said Wells, who is developing a project in Scotland based on shipping liquid hydrogen to Germany in a specially designed tanker. “More than 95pc of the grid (in Scotland) is already green, it's already renewable. And this make
Also in this section
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise






