Ten Point Plan for a Green Industrial Revolution - Point 2: Low Carbon Hydrogen
As part of the 12 billion GBP Ten Point Plan for an industrial revolution towards a greener economy, the UK Prime Minister has established:
Point 2: Low Carbon Hydrogen Technology
The UK is aiming for 5GW of low carbon hydrogen production capacity by 2030, to create hydrogen-renewable energy-CCUS clusters to advance technological development, and pilot a "Hydrogen Neighbourhood" for 100% hydrogen end-use and scale up to an entire town by 2030.
This will be supported by a 240 million GBP Net Zero Hydrogen Fund, and developing a hydrogen supplier business models and revenue mechanism for increased involvement and investments from the private sector. Up to 2030, private sector investment is expected to be 4 billion GBP, and projects should save 41 MtCo2e between 2023-2032, 9% of 2018 UK emissions. This could support for up to 8000 jobs by 2030, potentially unlocking up to 100 000 jobs by 2050 in a high hydrogen net zero scenario.
Industry pilots will start in 2023 to allow up to 20% blending of hydrogen into the gas distribution grid of all homes on the gas grid and district heating trials. There is an interim target for 1 GW of Hydrogen production capacity and a village-scale hydrogen heating trial in 2025.
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- Industry sector-specific processes and technologies
- Transport technologies
- CO2 capture and transport technologies
- Electricity generation and CHP technologies
- Energy storage technologies
- Fuel transformation, transportation and above-ground storage technologies
- Heating, cooling and climate control technologies
- Hydrogen electrolysis technologies