Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent progress his Department has made on finalising the UK’s hydrogen business model.
The Government aims to finalise the hydrogen business model by the end of 2022. The window for applications to the first electrolytic hydrogen allocation round, offering joint Hydrogen Business Model and Net Zero Hydrogen Fund support, closed on 12 October. The Government is expected to announce the project shortlist in early 2023 and aims to allocate the first support contracts for projects reaching final investment decisions from mid-2023.