The announcements in the Powering Up Britain plan in March 2023 show that the transformation of the UK energy system is well underway. These announcements will help to ensure the provision of cheap, clean and secure British energy, with delivery of a hydrogen economy a crucial area of action. The government committed in the UK Hydrogen Strategy (2021) to provide regular updates on policy development, to keep industry informed of the progress. The UK government set out its doubled ambition to deliver up to 10GW of low carbon hydrogen production capacity by 2030, subject to affordability and value for money, with at least half of this from electrolytic hydrogen. The country also aims to have up to 1GW of electrolytic hydrogen and up to 1GW of CCUS-enabled hydrogen in operation or construction by 2025.
This August 2023 Hydrogen Strategy Update to the Market summarises various developments as well as progress in designing new
support mechanisms such as transport and storage business models, moving forward with negotiations with hydrogen projects across both CCUS and electrolytic allocation, and developing wider policy and market frameworks across the hydrogen value chain.
The “Hydrogen Strategy Update to the Market: August 2023” has been formulated by the Department for Energy Security and Net Zero and can be accessed here
