The UK aims to have 1GW of capacity in operation or under construction by 2025
UK launches green hydrogen support scheme
Government targets 1GW of capacity by 2025, but first-round contract awards under hydrogen business model not expected until July 2023
The UK government has launched its hydrogen business model support scheme for electrolyser-based projects and aims to have 1GW of capacity in operation or under construction by 2025, energy minister Greg Hands told the Hydrogen Investment Forum in London today. The deadline for applications to the scheme is 12 October, and the government expects to publish a shortlist of projects early next year. The first contracts under the scheme are likely to be awarded in July 2023, officials told the forum. The scheme offers projects ongoing support via a contract for difference (CfD) mechanism, which guarantees an agreed strike price, offering developers and investors greater revenue certainty. “We ar
Also in this section
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
