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Stuart Penson
13 September 2022
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Scotland among cheapest green hydrogen regions

High level of renewable power positions country as highly competitive green hydrogen producer over next two decades, project developer LH2 Europe tells Hydrogen Economist’s Financing the Hydrogen Economy event in Milan

Scotland will be one of the cheapest places to produce green hydrogen over the next two decades because of its abundance of renewable power, Peter Wells, chairman and CEO of project developer LH2 Europe, told Hydrogen Economist’s recent Financing the Hydrogen Economy event in Milan. Several available port locations and a skilled local labour force looking to transition away from the oil and gas sector also make Scotland an attractive base for green hydrogen production, said Wells, who is developing a project in Scotland based on shipping liquid hydrogen to Germany in a specially designed tanker. “More than 95pc of the grid (in Scotland) is already green, it's already renewable. And this make

Also in this section
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
EWE breaks ground on major green hydrogen project
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
Letter on hydrogen: The Mauritania model
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
Letter on hydrogen: Leading the way to demand
19 November 2025
The creation of ‘lead markets’ to generate hydrogen demand in the EU has potential, but implementation would pose complex challenges for producers and industrial offtakers

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