UK Chancellor Rachel Reeves has confirmed £2bn of funding for 11 green hydrogen projects across England, Scotland, and Wales. These projects, selected for funding under the Labour government, mark a significant step in the country's clean energy agenda. The funding will provide revenue support based on hydrogen production volumes, ultimately lowering energy carrier costs. The projects have been in anticipation for around 10 months, with contracts yet to be signed with the shortlisted ventures. Industry response has been positive, with emphasis on the need for investment and policy certainty in the green hydrogen sector. The selected projects under the first Hydrogen Allocation Round (HAR1) cover a range of capacities and locations, aiming to bolster the UK's position in commercial-scale green hydrogen production. The funding, offered with a weighted average strike price, is seen as a crucial support mechanism for these ventures. Experts and trade bodies have highlighted the significance of this commitment by the government, underlining the importance of accelerating projects to reach the final investment decision. Trade association Hydrogen UK had urged the government to expedite the funding process, addressing challenges presented by the Low Carbon Hydrogen Agreement and advocating for flexibility on project-specific points. The LCHA, introduced in 2021, aims to enhance low-carbon hydrogen production and utilization through various support initiatives. The confirmation of funding by Chancellor Reeves is viewed as a positive step for the green hydrogen sector, offering hope for future growth and development in the industry.