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Related Articles
BP exits $55b Australian green mega-project
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
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Oil and gas major calls for expression of interest in product from Lingen project ahead of startup in 2027
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Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
Letter from London: Hydrogen’s souffle moment
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Oman sees green opportunities amid global trade war
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H2 Green has received £500,000 for its Inverness Hub
Renewables Finance Scotland UK
Polly Martin
31 March 2023
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Scotland ‘a great place’ for green hydrogen development

Project developers that have secured grants tell Hydrogen Economist they are optimistic, despite incentives competition with US and EU

Over a quarter of projects recently awarded grants through the UK’s Net Zero Hydrogen Fund will be located in Scotland, looking to leverage strong renewable resources and an abundance of offshore wind electricity due to come online this decade. In addition to the UK’s target for 10GW of low-carbon hydrogen by 2030, the Scottish government has set its own target of 5GW of hydrogen production capacity within the country by that year. Edinburgh-headquartered H2 Green has secured £500,000 from the Net Zero Hydrogen Fund to support Feed and post-Feed studies for its green hydrogen hub in Inverness. The company plans to initially develop a 6MW electrolyser, as well as wind and solar assets. First

Also in this section
BP exits $55b Australian green mega-project
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
Hydrogen leakage poses growing threat to green scale-up
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
Ammonia ambitions to help drive gas demand
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
Stellantis halts hydrogen vehicle programme
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets

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