UK Prime Minister Boris Johnson has announced £350 million worth of funding to help decarbonise industry, including dedicated funding for green hydrogen. In a speech at the first meeting of the UK jet zero council this morning, Johnson unveiled an investment package for the heavy industry, construction, space and transport sectors. It will be used to help develop new technologies that will make it easier for companies to switch to more energy-efficient means of production, such as the use of hydrogen networks. Additionally, the investment will help companies use data more effectively and support the creation of green jobs. Of the £350 million, £139 million is being designated for supporting a transition from natural gas to clean hydrogen power, along with scaling up carbon capture and storage (CCS) technology. According to the government, CCS could stop over 90% of emissions from industrial plants from being released into the air, instead storing it as carbon underground.
Current 22nd July 2020 read more »
Boris Johnson has unveiled a £350m funding pot for technologies like carbon capture and storage (CCS) and hydrogen alongside a £400m sustainable aviation fuel (SAF) pledge, to be spent as part of the UK’s Covid-19 recovery effort.
Edie 22nd July 2020 read more »