The report “UK Hydrogen Innovation Opportunity” by The Hydrogen Innovation Initiative brings together the varied insights from published data, combined with market analysis, direct input from leaders and key stakeholders across the hydrogen landscape to create a consensus view in one report. The purpose of the report is to cut through some of the complexity that exists by building a common understanding of the opportunity that the emergent global hydrogen economy presents the UK and to what extent innovation must play if the UK is to become truly world leading. The report considers the full end-to-end nature of the hydrogen economy to ensure there is a common understanding of the economic opportunity it could represent by 2050.
Insights from across industry have brought clarity to both market and technology requirements, identifying four focus areas that represent the greatest potential benefit for the UK. It highlights the steps needed to build the UK industrial capability and capacity to position the UK as a market leader. The UK must use its domestic hydrogen deployment to stimulate early supply chain growth and be positioned for a global export market. Tailoring the right interventions will allow industry, government and academia to converge, focus investment and deliver the high economic growth opportunities that the UK needs. This will provide a pathway to become a genuine world leader, shaping the global market, and ensuring that hydrogen ‘works’ for the UK.
Access the complete report here
