UK unveils strategy to kickstart hydrogen economy
Government pledges direct funding and incentives as it targets key role for hydrogen in UK’s net-zero strategy
The UK government has launched a national hydrogen strategy aimed at unlocking £4bn ($5.5bn) of investment by 2030 and creating an industry capable of delivering about a third of the country’s energy by 2050. The long-awaited strategy builds on a ten-point plan for a “green industrial revolution” unveiled last year by Prime Minister Boris Johnson and pledges about £1bn in direct funding as well as market-based incentives similar to those used to drive the rapid growth of UK offshore wind. “Today marks the start of the UK’s hydrogen revolution. This homegrown clean energy source has the potential to transform the way we power our lives and will be essential to tackling climate change and reac

Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment