UK's Green Hydrogen Industry Receives Major Boost with Electrolytic Production Projects
Key Ideas
- Three major electrolytic production projects with a total capacity of 31.8MW have been awarded contracts under the UK government's Hydrogen Business Model.
- The Hydrogen Business Model is inspired by the UK's CfD clean power support scheme, aimed at promoting green hydrogen production.
- The projects mark a significant step in boosting the UK's green hydrogen industry and supporting the transition to a more sustainable energy future.
- BusinessGreen offers exclusive insights and analysis on the green economy, helping businesses make informed decisions in line with the latest regulatory and technological advancements.
The UK's green hydrogen industry has received a substantial boost with the announcement of three major electrolytic production projects being awarded contracts under the government's Hydrogen Business Model. These projects, totaling 31.8MW in capacity, signify a significant advancement in promoting green hydrogen production in the country. The Hydrogen Business Model takes inspiration from the UK's CfD clean power support scheme, which aims to incentivize and support clean energy projects. By supporting these electrolytic production projects, the UK is signaling its commitment to fostering a more sustainable energy sector. BusinessGreen, a leading source of information on the green economy, offers exclusive news and analysis to assist businesses in making responsible decisions aligned with the latest regulatory and technological developments. This boost in the green hydrogen industry reflects a positive step towards achieving a more sustainable and environmentally friendly energy transition.