Scotland among cheapest green hydrogen regions
High level of renewable power positions country as highly competitive green hydrogen producer over next two decades, project developer LH2 Europe tells Hydrogen Economist’s Financing the Hydrogen Economy event in Milan
Scotland will be one of the cheapest places to produce green hydrogen over the next two decades because of its abundance of renewable power, Peter Wells, chairman and CEO of project developer LH2 Europe, told Hydrogen Economist’s recent Financing the Hydrogen Economy event in Milan. Several available port locations and a skilled local labour force looking to transition away from the oil and gas sector also make Scotland an attractive base for green hydrogen production, said Wells, who is developing a project in Scotland based on shipping liquid hydrogen to Germany in a specially designed tanker. “More than 95pc of the grid (in Scotland) is already green, it's already renewable. And this make
Also in this section
1 April 2026
Multiple projects have been scrapped and valuations have nosedived, but the IEA says hydrogen is no passing fad
25 March 2026
The Middle East energy shock has highlighted the value of France’s unique potential to deploy nuclear-powered electrolysers
18 March 2026
The second fossil-fuel price shock in four years can be a much-needed catalyst for investment in the sector
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required






