Hydrogen

(asked on 14th December 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what progress his Department is making with industry on developing the production of hydrogen by electrolysis.


Answered by
Kwasi Kwarteng Portrait
Kwasi Kwarteng
This question was answered on 22nd December 2020

My Rt hon Friend the Prime Minister’s recent Ten Point Plan for a Green Industrial Revolution set out that the Government, working with industry, is aiming for 5GW of low carbon hydrogen production capacity in the UK by 2030. In support of this we have also announced a £240m Net Zero Hydrogen Fund for capital co-investment in new low carbon hydrogen production, to bring forward a combination of CCUS-enabled ‘blue’ hydrogen and electrolytic ‘green’ hydrogen projects. Both production methods – and other innovative techniques – will be needed to deliver hydrogen demand expected by 2050. Further details on hydrogen business models and a revenue mechanism to stimulate private sector investment in both green and blue hydrogen will be brought forward in 2021.

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