UK's £6.5 Billion Project: Revolutionizing Hydrogen Production
Key Ideas
  • A consortium led by Jo Bamford, including British Gas and Johnson Matthey, plans to invest £6.5 billion to build one gigawatt of green hydrogen production capacity in the UK by 2030.
  • The initiative aims to create 24,300 jobs, with at least half in the UK, and attract significant private investment, aligning with the government's goal of ten gigawatts of low-carbon hydrogen production by 2030.
  • Despite scepticism about hydrogen's cost and safety, proponents argue that scaling up production will lower costs, making hydrogen a viable and affordable energy source, contributing to energy security and independence for the UK.
  • Hydrogen, known for being a clean energy source, has gained support from key figures like former Prime Minister Boris Johnson, who highlighted its potential in powering homes and cars sustainably.
A £6.5 billion project led by a consortium including British Gas and Johnson Matthey, along with JCB scion Jo Bamford, aims to revolutionize hydrogen production in the UK. The coalition, called Project HySpeed, plans to establish one gigawatt of green hydrogen production capacity by 2030. This initiative aligns with the government's target of ten gigawatts of low-carbon hydrogen production by the same year. The project, if realized, is expected to create 24,300 jobs, with a significant portion based in the UK, and attract substantial private investment. Hydrogen, considered a clean energy form, has faced skepticism regarding its cost and safety, especially in home heating applications. However, proponents argue that scaling up production will lower costs and make hydrogen a more affordable and secure energy source. The consortium behind Project HySpeed claims that building at scale is essential to reducing costs, aiming to deliver hydrogen at a competitive price. The project has received positive feedback from government officials, signaling strong support for the advancement of hydrogen technology in the UK. Overall, the project represents a significant step towards achieving energy security, economic growth, and carbon reduction through the adoption of clean energy technologies.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.