As a result of its geography, geology, infrastructure and capabilities, the UK is in a strong position to expand both its demand and supply of low carbon hydrogen. The Hydrogen Strategy identifies that as a global leader in commitment to decarbonisation (both in terms of policy commitments and confirmed emission reductions), the UK is in a good position to become a hydrogen pioneer on the global stage. The UK Government’s analysis suggests that by 2030, the UK hydrogen economy could be worth £900million and support over 9,000 jobs, and by 2050, under a high hydrogen scenario, the hydrogen economy could be worth up to £13 billion and support up to 100,000 jobs. The Hydrogen Strategy attempts to mobilise the cash required to achieve these goals.
Read more: H2 Go: The UK’s new Hydrogen Strategy
Authored by Alex Harrison, Ben Sulaiman, and Shah Jahan H. Khandokar.