The UK Government launched the national Hydrogen Strategy

London, August 17 - Neftegaz.RU. The UK Department of Business, Energy & Industrial Strategy launched today the national hydrogen strategy.
It aims to have 5 GW of low carbon hydrogen production capacity in the UK by 2030 and between a 5^th and a 3^rd of the UK’s energy consumption by 2050 could be hydrogen-based.

Energy & Climate Change Minister Anne-Marie Trevelyan said:

• Today’s Hydrogen Strategy sends a strong signal globally that we are committed to building a thriving low carbon hydrogen economy that could deliver hundreds of thousands of high-quality green jobs, helps millions of homes transition to green energy, support our key industrial heartlands to move away from fossil fuels and bring in significant investment

UK-wide hydrogen economy could be worth £900 million and create over 9,000 high-quality jobs by 2030, potentially rising to 100,000 jobs and worth up to £13 billion by 2050.
By 2030, hydrogen could play an important role in decarbonising polluting, energy-intensive industries like chemicals, oil refineries, power and heavy transport like shipping, HGV lorries and trains.

Hydrogen Director at National Grid Antony Green said:

• The transition to a green economy will require a mix of technologies and hydrogen will play a vital role
• This strategy signals the UK’s commitment to hydrogen and provides the certainty needed to boost consumer and investor confidence and support commercial solutions
• Importantly, unlocking the potential of hydrogen as a clean energy solution requires significant pace and innovation to scale up production, and the guidance from government today will be key to triggering the investment and buy-in needed to achieve this

The UK government also announced today a £105 million funding package through its net-zero Innovation Portfolio that will act as a 1^st step to build up Britain’s low carbon hydrogen economy.
The investment will help industries to develop low carbon alternatives for industrial fuels, including hydrogen, which will be key to meeting climate commitments.