The UK government has shortlisted 27 low-carbon hydrogen projects under the Second Hydrogen Allocation Round (HAR2) issued today.
With pressure rising to accelerate decarbonisation and spur more investment into the hydrogen sector, the shortlist of projects covers manufacturing and industrial practices, ammonia production, new clean power generation, glass manufacturing, brick making, and sustainable aviation fuel production.
The industry has the potential to attract over £1bn of private sector investment into the UK by 2029, providing companies can be convinced the country has a consistent and supportive policy environment which will facilitate growth and offtake agreements.
Total funding for HAR2 was not released but it is expected to provide revenue support through the country’s Hydrogen Production Business Model over 15-year contracts, similar to HAR1, according to gasworld’s sister title, H2 View.
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