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UK Allots $ 2.53 Billion of Subsidies for 11 Green Hydrogen Projects

Last Updated on Jun 25, 2024, 04:00 AM IST
UK Allots $ 2.53 Billion of Subsidies for 11 Green Hydrogen Projects

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The UK government provides USD 2.5 billion in subsidies for 11 green hydrogen projects with a total capacity of 125 MW. The projects will be located in England, Wales, and Scotland. Energy Secretary Claire Coutinho announced the financial backing of 11 green hydrogen projects.

 

Green Hydrogen Facility

 

The successful projects, in exchange for this government support, will invest over EUR 400 million over the next three years and will generate over 700 jobs in local communities throughout the United Kingdom.

 

Find Green Hydrogen projects and tenders in UKGet Started Now!

 

“We remain committed to our ambition of having up to 1 GW of electrolytic hydrogen in construction or operation by the end of 2025,” the UK government said. The UK government made this decision several months after the Energy Act, which included a funding mechanism for the green hydrogen industry.

 

 

The projects have reached an agreement on a weighted average strike price of USD 304.64/MWh. The price was determined by "the total hydrogen volumes anticipated to be produced by each project over the life of the LCHA (low-carbon hydrogen agreement) contract.". The selected projects include:

 

Barrow Green Hydrogen

 

 

Bradford Low Carbon Hydrogen

 


 

Cromarty Hydrogen

 


 

Green Hydrogen 3

  • Capacity: 10.6 MW
  • Developer: HYRO (RES/Octopus)
  • Location:  South East

Hybont

 

HyMarnham

  • Capacity: 9.3 MW
  • Developer: JG Pears and GeoPura
  • Location: East Midlands 

 

Langage Green Hydrogen

 

  • Capacity: 7 MW
  • Developer: Carlton Power
  • Location: South West 

 

Tees Green Hydrogen

  • Capacity: 5.2 MW 
  • Developer: EDF Renewables Hydrogen
  • Location: Northeast

 

Trafford Green Hydrogen 

  • Capacity: 10.5 MW 
  • Developer: Carlton Power
  • Location: Northwest

 

 West Wales Hydrogen

  • Capacity: 14.2MW
  • Developer: H2 Energy and Trafigura
  • Location:  Wales

Whitelee Green Hydrogen, 

  • Capacity: 7.1MW
  • Developer: Scottish Power
  • Location: Scotland

 

Find Green Hydrogen
projects and tenders in Europe Get Started Now!

 

This is the highest number of simultaneously announced commercial-scale green hydrogen production projects in Europe, which contributes to the nation's leadership position in this emerging industry.

 

 

Discover the Latest Green Hydrogen (H2) Generation and Production Plant Projects with Ease

 

Are you looking for a platform that gives you reliable, high-quality, and timely project insights for the latest green hydrogen (H2) generation and production plant projects in UK?

 

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The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.

 

With its user-friendly interface, this platform empowers you to gain early-stage awareness of projects and swiftly identify the right business opportunities.

 

Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start date, commissioning dates, and key contact information of project owners and stakeholders.

 

Book a free demo to learn more about the Green Hydrogen (H2) Generation/Production Plant Projects and Tenders database and how we can help you achieve your goals.

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