Carbon Emissions and Hydrogen: Finance

(asked on 28th March 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, when his Department plans to provide further detail on the (a) twin track production strategy for hydrogen and (b) Industrial Decarbonisation and Hydrogen Revenue Support scheme.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 5th April 2022

The Government will shortly be publishing responses to the consultations on the Net Zero Hydrogen Fund, Low Carbon Hydrogen Standard, and Hydrogen Business Model. The latter provides the framework for spending under the Industrial Decarbonisation and Hydrogen Revenue Scheme. These publications will set out more detail on how the Government will support both electrolytic ‘green’ and carbon capture enabled ‘blue’ hydrogen production, as part of a twin track approach.

The Government expects that up to 500MW of electrolytic hydrogen production projects and 1GW of CCUS-enabled hydrogen will be operational or in construction by the mid-2020s.

Reticulating Splines