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
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