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20m-boost-for-business-innovators-powering-uk-hydrogen-economy
20m-boost-for-business-innovators-powering-uk-hydrogen-economy

£20m boost for business innovators powering UK hydrogen economy

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The GOV.UK’s Department for Business, Energy & Industrial Strategy, reports that the Energy and Clean Growth Minister, Claire Perry, has delivered a £20m boost to businesses embracing the potential for a future UK hydrogen (H2) economy.

The announcement was made today (11th May 2018) during a visit to Swindon’s innovative Hydrogen Hub and Recycling Technologies.

H2 fuel is a safe and low-carbon alternative for energy in buildings, industry, and transport but is currently very costly to produce and transport. Today’s funding announcement aims to change this.

H2 is the latest clean technology to receive a government boost as part of the Clean Growth Strategy – a scheme which is already powering wind turbines up and down the country and has the potential to revolutionise the automotive industry through clean green fuel.

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