UK opens round two of Net Zero Hydrogen Fund
Applicants must demonstrate plans to develop projects by 2025
The UK government has launched a call for applications to the second round of its £240mn ($300mn) Net Zero Hydrogen Fund. The round is divided into two strands. The first supports development costs for Feed and post-Feed activities, with amounts ranging from £80,000–10mn. The second, ranging from £200,000–20mn, will provide capex support for projects that will not seek revenue support via the government’s Hydrogen Business Model subsidy scheme. £200,000–20mn – Range of capex support via fund Developers seeking funding via either strand will have to demonstrate plans toward commissioning their projects by 2025. The first strand will close for applications at the end of May, while
Also in this section
19 December 2024
More must be done to lower the cost of green hydrogen and its derivatives
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe