Department for Energy Security and Net Zero written question – answered am ar 26 Mawrth 2024.
Lord Jackson of Peterborough
Ceidwadwyr
To ask His Majesty's Government what funding assistance they are providing for market structures and mechanisms for supporting increased hydrogen production.
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The UK’s strong policy framework – including the Hydrogen Production Business Model, Net Zero Hydrogen Fund and Low Carbon Hydrogen Standard – has created an investable model which has leveraged private investment to kick start the UK’s hydrogen economy.
Government is supporting projects to move the UK closer to our hydrogen ambitions.
In December 2023 we announced 125MW of successful projects from Hydrogen Allocation Round (HAR) 1, and have since launched HAR2, aiming to allocate up to a further 875MW in 2025, subject to affordability and value for money.
Yes1 person thinks so
No1 person thinks not
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