Report: UK needs to up its green hydrogen game

If the UK does not step up, it risks being left behind due to ambitious tax incentives and subsidies offered abroad, such as the United States Inflation Reduction Act, which may attract investment and prospective suppliers away from this country.

Official Press Release RenewableUK:

New report shows UK is at critical juncture in maximising industrial potential of green hydrogen

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New report shows UK is at critical juncture in maximising industrial potential of green hydrogen

A report published this week by RenewableUK urges the Government to work closely with our world-class green hydrogen industry to implement new policies to enable us to step up the rate at which we build major projects as fast as possible. This would allow us to seize the opportunity to develop a new market big enough to grow new supply chains and kickstart a major new green energy industry at scale in the UK.

The document, entitled “Surveying the UK’s Green Hydrogen Supply Chain Capability” warns that the UK stands at a critical juncture, with other countries taking steps to overtake us in the global race to create thousands of jobs and attract billions in private investment in green hydrogen in the decades ahead. Green hydrogen is made in... ... More: Official Press Release RenewableUK

RenewableUK, UK, report, green, hydrogen, policy, government, MW, capacity, low carbon, target, recommendation, left behind, warning

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