To ask the Secretary of State for Business, Energy and Industrial Strategy, what funding has his Department allocated towards the development of electrolytic hydrogen production from energy facilities.
Answered on
9 January 2023
Low carbon hydrogen is critical to energy security, presents a significant growth opportunity and will help the UK reach its net zero target. BEIS has launched a joint Hydrogen Production Business Model and Net Zero Hydrogen Fund allocation round for electrolytic projects, with contracts due to be awarded in 2023. The Government aims to support projects deploying at the earliest opportunity, with up to 1GW electrolytic hydrogen in construction or operation by 2025 and up to 10GW of low carbon hydrogen production capacity by 2030.