HYDROGEN ECONOMY PRESS RELEASE

UK government launches plan for a world-leading hydrogen economy

• First-ever vision to kick start world-leading hydrogen economy set to support over 9,000 UK jobs and unlock £4 billion investment by 2030
• consultation also launched to look at ways to overcome cost gap between low carbon hydrogen and fossil fuels
• £105 million in UK government funding provided to support polluting industries to significantly slash their emissions

Tens of thousands of jobs, billions of pounds in investment and new export opportunities will be unlocked through government plans to create a thriving low carbon hydrogen sector in the UK over the next decade and beyond, the Business and Energy Secretary Kwasi Kwarteng has set out today (17 August).