May 20 2022 20 mins 1
The UK government has doubled its ambitions for low carbon hydrogen and is now aiming for 10 GW of low carbon hydrogen capacity by 2030. However, revenue support for new build production projects is needed to make them viable, investable and bankable.
Oliver Moir and Kathryn Emmett discuss the draft heads of terms for low carbon hydrogen support in the UK including key issues for hydrogen production projects: from pricing and the low carbon hydrogen standard, to network co-dependency issues, offtake and termination rights.
