Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to expand the green hydrogen sector.
Electrolytic (‘green’) hydrogen is essential to meeting the UK's net zero target. Government analysis suggests that by 2030 the sector could support over 12,000 jobs and unlock over £9 billion in private investment. The UK is aiming to develop up to 10GW of low carbon hydrogen generation by 2030, with at least half from electrolytic hydrogen, subject to affordability and value for money.
The Government has set out a comprehensive package of support, combining upfront capital funding with a long-term business model, to instigate electrolytic hydrogen projects. The Government aims to run yearly electrolytic allocation rounds for the Hydrogen Business Model.