On 30 June, members of the All Party Parliamentary Group (APPG) on Hydrogen wrote to Rishi Sunak, Chancellor of the Exchequer, in regards to utilising hydrogen as part of a green recovery post COVID-19.
The letter outlined a number of measures to support hydrogen, including:
- investment to develop the first CCUS network by 2025
- working with the Department of Business, Energy and Industrial Strategy (BEIS) and the Department for Transport (DfT) to produce a hydrogen strategy
- using ‘regulatory levers’ to unlock private sector investment
- continuing investment and incentives for hydrogen-based alternatives
- supporting development of a new market framework for low-carbon flexible generation
- creating a Contracts for Difference (CfD) scheme for hydrogen projects, and
- working with local and regional authorities to determine hydrogen potential.
The letter comes approximately one week before the Chancellor of the Exchequer is expected to announce measures and investment to stimulate a green recovery following the economic impacts caused by COVID-19.