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The government has committed £20bn to CCUS cluster development
Carbon capture UK
Polly Martin
16 March 2023
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Boost for blue hydrogen in UK spring budget

Government’s £20bn funding pledge for CCUS is positive for blue hydrogen projects lining up to join ‘track one’ clusters

The UK's recently unveiled budget may be a disappointment for green hydrogen, but it presents a step forward for the deployment of the blue variety this decade. The UK government has budgeted £20bn ($24bn) towards the deployment of CCUS, with support aimed initially at ‘track one’ clusters due to start coming online by the mid-2020s. No additional funding has been committed to the ‘hydrogen business model’ support scheme, despite industry concerns that the 250MW cap on the current funding round for electrolytic projects will leave credible projects unfunded. However, the funding commitment for CCUS is a positive sign for the blue hydrogen projects shortlisted for connection to the track-one

Also in this section
Capital boost for UK Saltend green hydrogen project
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
Project shakeout spreads to Oman
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
EU frets over China’s green hydrogen progress
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
Letter from London: BP’s East Coast demand warning
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects

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