Energy and Net Zero Secretary Claire Coutinho
UK green projects secure up to £2b in subsidies
Country’s first allocation round awards electrolytic hydrogen projects attractive gas-linked strike prices, but total capacity falls short of government’s ambition
Eleven electrolytic hydrogen projects in the UK have secured government support potentially totalling up to £2b ($2.6b) over 15 years via the country’s inaugural subsidy allocation round. As a condition of the subsidy awards, the projects have committed to upfront private capital investments of £413m between 2024 and 2026, with around 760 direct jobs created during construction and operation, the government said. Energy security secretary Claire Coutinho said the subsidy awards would help to put the UK “at the forefront” of the green hydrogen sector. “Today’s funding commitment represents a monumental step forward” Coutinho, energy security secretary “Today’s funding commitment repre
Also in this section
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
