The UK has doubled its hydrogen targets
UK hydrogen fund to open for applications
First two strands aim to assist projects that do not require immediate and ongoing revenue support
The first two strands of the UK’s £240mn ($186mn) Net-Zero Hydrogen Fund will open for applications on Monday. The UK doubled its hydrogen targets in early April and now aims for 10GW of hydrogen production capacity by 2030, with at least half of this being green hydrogen. To achieve this goal, the country has laid out three main funding streams: a contract for difference (CfD) operational support scheme, an industry innovation fund and a Net-Zero Hydrogen Fund. The Net-Zero Hydrogen Fund is the first to get underway and aims to make awards from the end of 2022. The scheme will provide capex support for the initial construction of green and blue hydrogen production projects via four strands.
Also in this section
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
