PARLIAMENTARY WRITTEN QUESTION
Carbon Emissions and Hydrogen: Finance (28 March 2022)
Question Asked
Asked by:
Graham Stuart (Conservative)
Answer
The Government will shortly be publishing responses to the consultations on the Net Zero Hydrogen Fund, Low Carbon Hydrogen Standard, and Hydrogen Business Model. The latter provides the framework for spending under the Industrial Decarbonisation and Hydrogen Revenue Scheme. These publications will set out more detail on how the Government will support both electrolytic ‘green’ and carbon capture enabled ‘blue’ hydrogen production, as part of a twin track approach.
The Government expects that up to 500MW of electrolytic hydrogen production projects and 1GW of CCUS-enabled hydrogen will be operational or in construction by the mid-2020s.
Answered by:
Greg Hands (Conservative)
5 April 2022
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