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UK Renewables Finance
Stuart Penson
18 May 2023
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UK triples target for new hydrogen subsidy round

Government raises ambitions for second round of electrolytic hydrogen subsidy awards as it chases 2025 capacity goal

The UK government has ramped up its plans to support the development of electrolytic hydrogen production by tripling the capacity target for its second-round subsidy allocation and potentially broadening the scope of the scheme to include at least two additional technologies. Round two of the subsidy allocation is scheduled to launch in the fourth quarter of this year with the ambition to award support for up to 750MW of new hydrogen production capacity, up from 250MW in the first round, the Department for Energy Security and Net Zero says in a consultation paper. 750MW – Target capacity “This would help achieve our aim of up to 1GW of electrolytic hydrogen production projects to be

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