UK will subsidise storage projects
UK eyes 15-year support for H₂ storage projects
Government inclined to guarantee project revenues in bid to reassure investors, according to update from Department for Energy Security and Net Zero
The UK government is inclined to subsidise geological hydrogen storage projects via a support scheme that guarantees a minimum level of revenue for at least 15 years, according to a consultation response published by the Department for Energy Security and Net Zero. However, support is unlikely to be granted to above-ground facilities, or projects based on chemical storage such as ammonia, except under special circumstances, the department added. The government has committed to finalise the design of a subsidy business model for storage by 2025. Its latest consultation response describes this target as “challenging” but also warns of the potential impact of delays to the model. The gove
Also in this section
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
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
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
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
