Skip to content
1900

Investing in Hydrogen: Ready, Set, Net Zero

Abstract

Achieving the UK's net zero target by 2050 will be a challenge. Hydrogen can make a substantial contribution, but it needs investment and policy support to establish demand, increase the scale of deployment and reduce costs. The Ten Point Plan for a Green Industrial Revolution confirms the government’s commitment to drive the growth of low carbon hydrogen in the UK through a range of measures. This includes publishing its hydrogen strategy, and setting out revenue mechanisms to attract private investment, as well as allocating further support for hydrogen production and hydrogen applications in heating.
We have created a bespoke model to help understand the cost of hydrogen in the UK across the value chain under different pathways. Our analysis highlights areas for cost reduction and identifies factors that could make hydrogen more attractive to investors.
You can read the full report on the Deloitte website at this link

Related subjects: Policy & Socio-Economics
Countries: United Kingdom
Loading

Article metrics loading...

/content/policypaper1896
2020-09-29
2024-10-09
/content/policypaper1896
Loading
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error