NIC: hydrogen could see 30% reduction in energy bills

Analysis published by the National Infrastructure Commission (NIC) has suggested that increased investment in new technologies, such as low carbon hydrogen generation could be the best way to deliver low cost power to UK consumers while also helping reach net zero by 2050. Published on Friday 6 March, Net Zero:…

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UK Hydrogen Taskforce calls for £1bn spending commitment

A UK Hydrogen Taskforce – a cross-industry coalition of leading organisations focused on conveying a unified voice to UK government – was launched in parliament on Monday 2 March. It outlined a series of policy recommendations for industry and government to work towards over the next five years in its…

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£1.25mn grant awarded to Waste2Tricity for hydrogen production plant

The UK-based waste-to-hydrogen technology company, Waste2Tricity (W2T), has procured a grant of £1.25mn from the PowerHouse Energy Group, for the development of a hydrogen production plant at Protos, near Ellesmere Port, in Cheshire. The firm said on Monday 6 January its development partner, W2T, secured the grant following a successful…

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Hydrogen Council and EIB sign landmark agreement to finance hydrogen projects

Published on Thursday 5 December, the Hydrogen Council and the European Investment Bank (EIB) signed a landmark agreement to collaborate on the development of innovative schemes to finance hydrogen projects and address climate change. Delivered through the InnovFin Advisory programme, EIB will provide strategic financial advice and support to companies…

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Chemical company Linde takes 20% stake in UK hydrogen firm

Chemical giant Linde has bought a 20% stake in UK hydrogen company ITM Power, the latter announced on Thursday 3 October. Linde is investing £38mn and is part of the latter company’s plans to raise £52mn in capital. ITM Power said the two parties have also entered into a 50/50…

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£20mn boost to hydrogen economy

Energy and Clean Growth Minister Claire Perry has announced a £20mn fund to drive the development of a low cost, low carbon hydrogen economy for industry, buildings and transport. The fund, announced on Friday 11 May as part of the Clean Growth Strategy, aims to make “safe and low carbon”…

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Cadent examines green gas options in Swindon and North West

Cadent has announced a new green gas project to power local industry and heat homes in North West England. The £0.9bn 30 year HyNet project, announced on Friday 11 May, will begin with a planned hydrogen production facility in Cheshire. HyNet aims to cut carbon emissions by more than 1mn…

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