Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
Search
Related Articles
Centrica and Lhyfe plan North Sea offshore hydrogen pilot
The two firms will explore potential development of future offshore wind-to-hydrogen projects at commercial scale
BP progresses Aberdeen Hydrogen Hub
Joint venture with city council plans to start up 800kg/d green hydrogen plant and refuelling station by 2024
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
UK pilot to supply hydrogen to homes next year
A demonstration project in Scotland will allow households to opt in to supply from a new hydrogen network by 2024
Aramco doubles down on blue hydrogen and ammonia
The Saudi NOC plans to produce 11mn t/yr of blue ammonia by 2030
Chevron sees hydrogen future in LNG market
The company is working with Japanese utility Jera to replace parts of the LNG value chain with hydrogen
Japan-Australia liquid hydrogen project secures $1.6bn in government funding
The HESC project plans to ship coal-derived blue hydrogen from the port of Hastings to Kawasaki in Japan
Hydrogen not only option for abating steel
Alternatives including CCS and biochar may offer steelmakers cheaper decarbonisation options, analyst Michael Liebreich says
UK risks leaving ‘great’ hydrogen projects unfunded
Pipeline of credible projects now exceeds 250MW capacity limit set out by first government funding round, industry association Hydrogen UK tells Hydrogen Economist
General Motors and Barclays back Geopura
The UK hydrogen power firm has secured £36mn in its Series A financing round
The government has committed £20bn to CCUS cluster development
Carbon capture UK
Polly Martin
16 March 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Centrica and Lhyfe plan North Sea offshore hydrogen pilot
20 March 2023
The two firms will explore potential development of future offshore wind-to-hydrogen projects at commercial scale
BP progresses Aberdeen Hydrogen Hub
17 March 2023
Joint venture with city council plans to start up 800kg/d green hydrogen plant and refuelling station by 2024
North Sea has big offshore hydrogen potential – DNV
17 March 2023
Investment of €35–52bn into transport and storage infrastructure could enable hydrogen system costs of €4.69–4.97/kg
EU sets out hydrogen support strategy
17 March 2023
The European Commission has released further details of its upcoming pilot auction, as well as unveiling new proposals to localise and diversify hydrogen supply chains

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Hydrogen Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search